This MetaTrader 5 expert advisor collection provides various automated strategies, with a primary focus on swing trading gold. The core logic utilizes dual Exponential Moving Averages for trend filtering and the Relative Strength Index to identify specific entry points. It manages risk using Average True Range for dyna
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Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 134Trade manager 1Risk & protectionNews trading 1Copier & bridgeFramework & template 1CollectionUtility 7
Strategy
This repository is a collection of MetaTrader 5 expert advisors focusing on quantitative research and price action strategies. It includes implementations of Smart Money Concepts and Inner Circle Trader methods, such as Order Blocks, Fair Value Gaps, and liquidity sweeps. Other components feature Ichimoku Kinko Hyo tre
This MetaTrader 5 framework provides a suite of expert advisors optimized for Gold trading using advanced signal processing. It employs a Hidden Markov Model to classify the market into five regimes, filtering entries based on current volatility and trend strength. The logic utilizes Gaussian IIR filters for lag-reduce
This collection of MetaTrader 5 expert advisors focuses on automated trendline breakout strategies integrated with Elliott Wave theory and Fibonacci levels. The system identifies trendline breaks on the H4 timeframe and uses H1 and M15 intervals for entry confirmation. It employs RSI filters for divergence detection an
This MetaTrader 5 repository contains a collection of expert advisors centered on Smart Money Concepts and automated grid systems. The featured EA Lucre employs a grid strategy with integrated martingale or anti-martingale lot scaling. It manages risk through daily profit targets, drawdown limits, and optional multi-ti
This repository provides a collection of expert advisors for MetaTrader 5, featuring various technical strategies. The primary implementation is the Trading Made Simple system, which utilizes Hull Moving Average crossovers, Heiken Ashi candles, and Stochastic filters to identify entry signals. Other included robots foc
This repository is a collection of experimental MetaTrader 5 trading systems focused on price action and technical indicators. The primary expert advisor utilizes Fair Value Gaps to identify entries, incorporating multi-timeframe analysis. It manages risk through percentage-based lot sizing, daily loss limits, and auto
This repository contains a collection of MetaTrader 4 and MetaTrader 5 utilities focused on technical analysis and automated trading. Key expert advisors include a binary options dashboard that monitors RSI levels and trendline breakouts across multiple timeframes, and a currency strength trader for automated entries.
This collection for MetaTrader 5 provides several trend-following Expert Advisors based on technical indicators such as Ichimoku Kinko Hyo and Simple Moving Averages. The included robots utilize multi-timeframe analysis, sensitive SMA slope detection, and candlestick pattern recognition to identify entry points. Risk m
Trend EA is a collection of MetaTrader 5 expert advisors providing various automated trading strategies, including grid, martingale, and trend-following systems. The repository features implementations of the Turtle trading method, Donchian Channel breakouts, and moving average crossovers. Each expert advisor allows fo
MQL5 Bolugi is an automated trading expert for MetaTrader 5 that utilizes Bollinger Bands and the Relative Strength Index to identify overbought and oversold conditions. It features a tiered entry system referred to as complementary and mediation modes, which allows the robot to scale into positions based on price dist
This MetaTrader 5 repository provides a collection of expert advisors and visual dashboard tools centered on multi-timeframe technical analysis. It features strategies utilizing the Traders Dynamic Index, Exponential Moving Averages, and Commodity Channel Index indicators. The included tools range from trend-following
This repository contains a collection of eight quantitative trading strategies implemented for MetaTrader 5. The core Rubber Band strategy uses custom volatility bands derived from a five-day range to identify mean-reversion opportunities. It enters trades when price deviates significantly from recent highs or lows and
This repository contains a collection of MetaTrader 5 expert advisors created to test various trading concepts. The included bots trade diverse markets, utilizing indicators like moving averages, Bollinger Bands, Stochastic, and VWAP. The primary highlighted expert advisor executes trend-following trades on gold using
This MetaTrader 5 collection features automated implementations of trading strategies sourced from YouTube for the purpose of backtesting and verification. The repository includes multiple expert advisors, such as a MACD-based robot and an implementation of the 97 percent transparent trader strategy. These tools utiliz
This repository provides a collection of standard template expert advisors for both MetaTrader 4 and MetaTrader 5. It includes the classic MACD Sample and Moving Average robots, which demonstrate indicator-based trading logic. The MACD Sample enters positions based on MACD signal levels filtered by a moving average tre
This MetaTrader 4 expert advisor utilizes a modular approach to automated trading, offering multiple selectable strategies including trend-following, RSI mean-reversion, and moving average crossovers. It calculates entries using indicators like ADX, Stochastic, and Hull Moving Averages. Risk management is handled throu
This MetaTrader 4 repository contains a collection of automated trading scripts designed for the foreign exchange market. The primary robots include Mover, which utilizes moving average crossovers to identify trends, and Cristos, which focuses on market openings and news events. The collection also features a semi-auto
Discretion Algo is a collection of MetaTrader 4 experts designed for automated trading based on technical price action patterns. The repository provides distinct modules for identifying liquidity sweeps and engulfing candle formations. The system employs multi-timeframe analysis, by default analyzing price data across
This MetaTrader 4 repository contains a collection of trading systems, primarily featuring the Gold Digger expert advisor. The main strategy identifies entry points using multiple Bollinger Band deviation levels filtered by RSI and Stochastic oscillators. It is designed for mean-reversion or trend reversal setups, util
This collection of MetaTrader 4 expert advisors from 2013 focuses on trend-following and breakout strategies. The primary logic utilizes daily timeframe trend analysis to determine entry points on the five-minute chart. The system manages trades through automated risk controls, including fixed stop losses and a multi-t
This collection for MetaTrader 4 features automated trading systems focused on trend following and indicator-based entries. The primary expert advisor identifies market direction by monitoring price channels and extrema over a set depth. It includes a moving average crossover strategy and a dedicated robot for gold mar
This MetaTrader 4 repository contains a collection of expert advisors based on common technical indicators. The primary expert advisor, Kernsy HA Swing, utilizes Heiken Ashi candles alongside a Simple Moving Average to determine the prevailing trend and uses a Stochastic oscillator for entry signals. Other robots in th
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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