This utility for MetaTrader 4 and 5 automates trade execution based on trader-defined chart patterns. Users draw trendlines, horizontal lines, or channels, which the expert advisor monitors to place pending breakout orders. It handles trade entries, stop losses, and take profits according to specific object naming conv
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Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Strategy
This repository provides a collection of MetaTrader 4 expert advisors, notably featuring a grid-based trading system. The mGRID EA executes trades by placing multiple pending buy and sell stop orders at fixed pip increments, attempting to capture price movement in either direction. It offers risk controls through confi
This MetaTrader 5 expert advisor serves as a foundational framework for developing automated trading strategies. It streamlines the creation process by providing pre-built modules for position sizing, risk management, and trade execution. The system includes parameters for ATR-based stop-loss and take-profit calculatio
This MetaTrader 5 expert advisor implements a classic dual moving average crossover strategy. It tracks short-term and long-term moving averages, entering a buy position when the faster line crosses above the slower line and a sell position when it crosses below. Upon receiving a new signal, the bot automatically close
This repository provides a diverse collection of MetaTrader 5 expert advisors focusing on technical indicator automation. The core component aggregates signals from a wide array of standard tools, including trend-following moving averages, oscillators like RSI and MACD, and Bill Williams indicators. It includes specifi
This expert advisor serves as a bridge between MetaTrader 5 and the VeighNa Evo quantitative trading framework. It uses ZeroMQ sockets and JSON messages to enable remote control of the terminal via Python. The system supports market data subscriptions, order execution, and history queries. It is designed specifically f
This expert advisor functions as a manual trading assistant for MetaTrader 4 and MetaTrader 5, designed to simplify discretionary order management. It provides a graphical interface on the chart, allowing users to execute trades with pre-defined risk parameters. The tool includes options for percentage-based risk calcu
This MetaTrader 5 expert advisor serves as a foundational template for building automated trading systems. The README is minimal, but the code provides a structured framework for beginners to implement custom entry and exit logic using price data and technical indicators. It includes examples of Exponential Moving Aver
This MetaTrader 4 expert advisor operates two concurrent strategy groups based on technical indicators. It primarily utilizes Bollinger Bands and Envelopes to identify market entries for automated trading. The robot employs a position scaling approach, using lot multipliers and fixed-distance grid additions to manage t
This expert advisor bridges MetaTrader 4 and MetaTrader 5 with Telegram to facilitate signal-based trading and remote account management. It can execute trades from external signals or generate its own alerts using built-in indicators such as Ichimoku, Bollinger Bands, and Momentum. The software includes the ability to
This expert advisor acts as a communication bridge between MetaTrader 4 and NodeJS environments using the ZeroMQ protocol. It enables external applications to programmatically control trading functions, such as opening, modifying, or closing market and pending orders. The system supports fetching account info, price hi
Metatrader WebSocket Tickers is a data bridge for MetaTrader 5 that streams real-time ticker updates to external servers. It allows developers to export live market data for use in third-party applications or custom analysis tools via the WebSocket protocol. The utility monitors a specific list of symbols and employs a
This MetaTrader 5 collection features two primary components: a manual risk management panel and an automated confluence robot. The TyAlgo advisor executes trades using the No Nonsense Forex method, aggregating signals from various technical indicators via global variables. Risk is managed through the TyphooN tool, whi
Amazing is a news trading expert advisor for MetaTrader 4 and 5 designed to capture volatility during scheduled economic announcements. It operates as a semi-automatic tool, requiring the user to manually input the specific date and time of an upcoming news event. The EA places two symmetrical pending orders at a defin
This repository contains a diverse collection of MetaTrader 5 Expert Advisors and tools developed for instructional purposes. The included robots cover various trading methodologies, such as moving average crossovers, RSI divergences, gap reversals, and candlestick patterns like the Red-White-Red strategy. The EAs typi
This MetaTrader 4 expert advisor serves as a ZeroMQ server to bridge the trading terminal with external Python environments for machine learning analysis. It facilitates real-time data export, including price action and nineteen technical indicators like RSI and MACD, to train predictive models. The EA receives trade e
This MetaTrader 4 expert advisor acts as a bridge between the trading platform and an external NodeJS application. It utilizes the WebRequest function to send real-time data, including bid and ask prices, to a local server during initialization, deinitialization, and on every price tick. The tool allows developers to p
This repository provides a collection of MetaTrader 5 expert advisors and indicators developed for experimental purposes. It features a range of trading systems, including standard MetaQuotes examples and custom implementations like NERV and RNN-based logic. The primary expert advisors utilize technical indicators such
TradeSync Transmitter is a MetaTrader 5 expert advisor designed to broadcast trading activity from a host terminal to external receivers. It functions as the transmitter component of a trade copying system, sending real-time trade requests and periodic position summaries to a remote server or local CSV files. The utili
Galaxy Trader is a collection of MetaTrader 5 expert advisors focused on trend following using the Ichimoku Kinko Hyo indicator. The primary component, Trend Catcher, monitors up to three distinct timeframes simultaneously to identify bullish or bearish market conditions. It executes trades based on cloud positions for
This MetaTrader 5 expert advisor utilizes the Bollinger Bands and Parabolic SAR indicators to execute trades based on market volatility. It functions as an entry-level algorithmic trading template, allowing users to modify strategy logic or optimize parameters using the MT5 Strategy Tester. The bot manages risk through
This MetaTrader 5 repository provides a suite of utility scripts designed for data extraction and system monitoring. The primary tool automates the exportation of historical price data, including OHLC values, tick volumes, and spreads, into CSV files for external analysis. It supports a predefined list of forex pairs,
This MetaTrader 4 repository contains a collection of expert advisors, primarily focused on an Ichimoku-based strategy with neural network capabilities. The main EA utilizes an external API for AI-driven signals and incorporates risk controls such as Martingale lot scaling, trailing stops, and spread filters. It suppor
This repository contains a collection of MetaTrader 4 expert advisors, including the Ariel Turtle Bot and several named variants like Elisa, Cary, and Faith. The primary logic utilizes Donchian Channel breakouts combined with Simple Moving Average filters to identify trend-following entries. The software includes compr
This MetaTrader 4 expert advisor implements a sophisticated trading framework based on a 2023 soft computing research paper. It utilizes a Bidirectional LSTM with an Attention Mechanism and Chaotic Neuro-Oscillators to predict future High, Low, Close, and Open prices. To address the limitations of traditional lagging i
This MetaTrader 4 expert advisor acts as a bridge for the Model Context Protocol (MCP), enabling remote interaction between the trading platform and external environments such as Claude Code. It provides real-time account data, market prices, and order management capabilities via an HTTP bridge and file-based reporting
Trader Pad is a trade management utility for MetaTrader 5 designed to automate position exits and risk control after an entry is initiated. The software handles stop-loss and take-profit placement in ticks, providing advanced trailing stop logic and break-even functionality. It allows users to scale out of positions th
Makets GA is a neural network trading system for MetaTrader 5 that utilizes genetic algorithms to optimize weights for multi-layer perceptrons. Instead of standard price prediction, the EA evolves trading strategies by processing price data across several major currency pairs simultaneously. It implements evolutionary
Parallel Strategies is a MetaTrader 4 expert advisor designed to execute multiple independent technical strategies simultaneously. It includes modules for Moving Average crossovers, MACD breakouts, Heiken Ashi signals, and a hybrid Heiken-MACD system. Each strategy operates with a unique magic number to allow concurren
This trade manager for MetaTrader 4 and 5 automatically adjusts the stop-loss levels of open positions using the Average True Range indicator. It allows users to define the trailing distance through a configurable ATR period and multiplier. The expert advisor includes filtering logic to apply the trailing stop only to
This utility synchronizes tick data and historical price information from MetaTrader 4 to MetaTrader 5 in real-time. It utilizes a socket communication library to transmit data between the two platforms, requiring an active expert advisor on both terminals. The receiver component creates custom symbols in the MetaTrade
PyMQL5 is a bridging tool that connects Python 3 environments with MetaTrader 5 via a UDP socket. The Expert Advisor functions as a local server, allowing external Python scripts to query historical time series data, current market prices, and account status. It provides comprehensive trading capabilities, enabling the
This MetaTrader 4 repository contains a collection of expert advisors, primarily focused on the MultiTrader dashboard and various technical utility robots. MultiTrader functions as a multi-symbol management tool that monitors dozens of currency pairs simultaneously, using high and low percentage levels for trade execut
This MetaTrader 5 utility establishes a bridge between the trading platform and Python environments using socket communication. It operates as a client that connects to a specified server to exchange string data at regular intervals. The tool facilitates bi-directional data transmission, allowing users to send messages
This repository contains a collection of MetaTrader 4 expert advisors and utilities primarily focused on breakout and trend-following strategies. The featured EA, ttnFullTurtle, implements the classic Turtle Trading rules using dual breakout systems, ATR-based position sizing, and pyramiding logic. It includes risk con
MT5 Agent Toolkit is a developer framework and collection of expert advisors designed to automate the creation and testing of MQL5 strategies using AI agents. It provides headless PowerShell scripts to bypass common MetaTrader 5 command-line failures during compilation and backtesting. The included example robots, such
This repository provides a software development kit and a collection of example Expert Advisors for MetaTrader 5 designed to work with custom tick and volume bar charts. It includes template robots that execute trades based on moving average crossovers or price action relative to moving averages on non-time-based chart
This expert advisor for MetaTrader 5 utilizes a genetic algorithm and neural network to make autonomous trading decisions without relying on traditional technical indicators. It implements a self-learning mechanism that evaluates a population of species to determine entry, exit, and lot sizing across multiple currency
LediaEA Trading Assistant is a MetaTrader 4 utility designed to facilitate manual trade execution and risk management. It provides a graphical interface for calculating lot sizes based on a fixed currency amount or a percentage of account balance or equity. The tool automatically detects order types, including market a
This MetaTrader 5 expert advisor functions as a communication bridge between the trading platform and a Telegram bot. It enables users to interact with MetaTrader 5 remotely by processing incoming messages and responding to specific commands. The tool uses a timer-based polling system to check for new messages, current
This expert advisor acts as a server bridge for MetaTrader 5, facilitating communication with external applications via ZeroMQ sockets and JSON messaging. It enables remote control from languages like Python to request account details, trade history, and current positions. The system supports the execution of market an
Adeline is a MetaTrader 4 expert advisor that executes trades based on a dual moving average crossover strategy. It monitors the 10-period and 40-period Simple Moving Averages, entering long or short positions when the fast line crosses the slow line. The robot manages exits using opposite signal crossovers, a fixed st
This repository features a vast collection of over 1,100 open-source Expert Advisors for the MetaTrader 4 platform. It serves as an educational library containing diverse trading strategies, including trend following, breakout, scalping, and mean-reversion systems. The collection explicitly includes high-risk methodolo
Heiken Ashi Naive is a trading robot for MetaTrader 4 and 5 that executes trades based on Heiken Ashi candle characteristics, including body length and wick presence. It evaluates candle sequences to enter positions and can be configured to either follow the trend or operate in an inverted mode for mean-reversion. Risk
This repository is a large collection of over 1,000 expert advisors designed for the MetaTrader 5 platform. It serves as an open-source library featuring various algorithmic trading strategies, including moving average crossovers, RSI levels, Parabolic SAR, and range breakouts. The collection provides robots for trend
PSAR Trailing Stop is a management utility for MetaTrader 4 and 5 that automates the adjustment of stop-loss levels for open positions. Instead of manual movement, it follows the Parabolic SAR indicator values to lock in profits or minimize losses as a trend progresses. The software includes filtering options to target
This framework provides MQL5 header files and example expert advisors designed to trade on non-time-based Range Bar charts within MetaTrader 5. It includes template robots for moving average crossovers and Super Trend strategies. The included code manages trade execution with configurable stop loss, take profit, break-
This repository contains a collection of MetaTrader 5 Expert Advisors and scripts developed for educational and testing purposes. It includes various automated robots based on technical indicators such as the Stochastic Oscillator, RSI, and Moving Average crossovers. The primary Stochastic EA manages entries using over
Learn how to use expert advisors
Free, plain-English guides: find an EA, install it, set it up, test it and run it safely.
- 1Types of EAsRobots, trade managers, copiers and risk tools, and what each is for.
- 2Using this librarySearch, filters, badges and what our checks do and do not mean.
- 3Install an EA in MT4 or MT5Data folder, compile, attach to a chart and switch on algo trading.
- 4EA settings explainedLot size, stop-loss, magic number, max spread and trading hours.
- 5Backtest in the Strategy TesterModelling, spread, the report and the over-fitting trap.
- 6Choose a safe EAA checklist for the code, the logic, the evidence and the fit.
- 7Run an EA 24/7VPS, forward testing on demo and going live small.
- 8Open-source EAs on GitHubLicences, compiling in MetaEditor and editing inputs safely.
- 9Forex robots: an honest guideWhat automation can and cannot do for you.
About the EA Library
The ForexR EA Library collects open-source expert advisors for MetaTrader 4 and MetaTrader 5 that are published on GitHub. Each entry links to the original repository, so you always get the author's latest code, issues and licence straight from the source. Star counts, last updates and licences are synced from GitHub every hour, and new repositories are added every week.
Every repository is checked automatically before it is listed: it must contain readable MQL source code for a real expert advisor, and repositories that ship executables, hide downloads behind archive passwords or show signs of bought stars are left out. The summaries and tags are written automatically from each repository's README and code. They describe what an EA does; they are not a recommendation, and nothing here is tested or endorsed by ForexR.
Trading with expert advisors is risky. Backtest any EA and run it on a demo account before you trust it with real money. CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly.
EA Library FAQ
What is an expert advisor (EA)?
An expert advisor is a program that runs inside MetaTrader 4 or MetaTrader 5. It can open and close trades on its own, manage trades you opened (trailing stops, break-even, partial closes), protect the account, or connect MetaTrader to other tools such as Telegram or Python. EAs are written in MQL4 (MT4) or MQL5 (MT5).
Are the EAs in this library free?
Yes. Every EA listed here is published on GitHub with its source code, so you can read, download and compile it at no cost. Check each repository's licence before reusing the code in your own projects: some EAs state no licence at all.
Are these EAs safe to use?
ForexR lists only repositories with readable MQL source code and never hosts files. Repositories that ship executables, ask you to disable antivirus, hide downloads behind passwords or show signs of bought stars are left out automatically. That does not make any EA profitable or bug-free: read the code, backtest it in the Strategy Tester and run it on a demo account first.
How do I install an EA in MT4 or MT5?
Download the source from GitHub, open MetaTrader, choose File, then Open Data Folder, and copy the .mq4 (MT4) or .mq5 (MT5) file into MQL4/Experts or MQL5/Experts. Open it in MetaEditor and press Compile, then drag the EA from the Navigator onto a chart and allow algorithmic trading.
How does ForexR choose which EAs to list?
A crawler searches GitHub every week for MetaTrader repositories, reads their code and keeps those that contain a real expert advisor and pass the safety checks. Stars, updates and licences are refreshed from GitHub every hour. Summaries are written automatically from each repository's README and code, so treat them as a guide and check the source.
What do "High risk", grid and martingale mean?
A grid EA opens a ladder of orders at fixed distances; a martingale EA increases the lot size after losses. Both can show smooth equity curves for a long time and then lose a large part of the account in one strong trend. EAs that use either are marked High risk, and you can hide them with the "Hide grid and martingale" filter.
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