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AuraChart Studio is a non-trading Expert Advisor for MetaTrader 4 and MetaTrader 5 that restyles chart colors, candles, grid lines, and drawn objects. It applies preset dark, light, fantasy, and accessibility palettes from a draggable on-chart panel, and it can edit colors, save appearance profiles, and import or expor
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Free MT4 & MT5 Expert Advisors
2,116 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
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Type
Strategy
Prop Rules Monitor is a free indicator for MetaTrader 4 and MetaTrader 5 that displays live equity against user-defined daily loss limits and max loss rules. It calculates day start from typed reset hour and zone with built-in daylight saving, measuring on equity or balance. The chart panel shows daily floor remaining,
The EA Health Monitor displays a table tracking multiple Expert Advisors on the same MetaTrader account by magic number, along with a row for manual trades and an aggregate total. It reads account history and open positions to report closed trades, net results, win rates, profit factors, max drawdowns, today's results,
The XAUUSD Bot is a MetaTrader 5 robot for automated gold trading on XAUUSD. It identifies entry signals on M15 timeframe using candlestick body ratios, swing lookback, ATR volatility filters, and trend indicators like EMAs. Trades open only when all conditions pass including 1% equity risk per trade, ATR-based stop lo
This MetaTrader 5 expert advisor employs a regime-adaptive strategy using the Hurst exponent to distinguish between trending and ranging market conditions. It performs dual timeframe analysis, typically executing on the H1 timeframe while monitoring H4 for broader context. The system incorporates technical indicators s
ForexSniper Pro EA is an automated trading robot for MetaTrader 5 that executes trades on forex pairs, gold, BTC, and ETH across M5, M15, and H1 timeframes. It uses technical indicators including MACD, RSI, EMA, ATR, and Bollinger Bands combined with AI signal scoring to generate entries and exits. Risk controls includ
Ponix EA is an automated MetaTrader 5 trading robot built specifically for PainX synthetic indices on the Weltrade platform. The EA scans for bearish reversals across timeframes like M15 and triggers sell trades upon immediate price crashes or M5 support breakdowns. It can also open counter-trend buy positions to captu
The GoldScalperM15 EA is an automated trading robot for XAUUSD gold on the M15 timeframe. It records the Asian session high and low from 00:00 to 08:00 server time and enters a single trade per day on the first M15 candle that breaks the range, either buy or sell. Lot size follows a strict 0.5% risk of equity using the
Omega X EA is a MetaTrader 5 expert advisor that implements a one-sided grid martingale strategy on hedging accounts. It enters trades via simultaneous BuyStop and SellStop pending orders using a straddle range gate. Once one position fills, the EA locks direction and adds levels on the same side with lot scaling. It e
Position Sizer RR is an MT5 tool for manual trade entry and automated exit management. It calculates position size based on risk percentage and supports multiple take profit targets with automatic break-even activation and partial closes. Batch opening of correlated orders is possible with adjustable millisecond interv
Nuvens Gold Breakout is a MetaTrader 5 EA that trades XAUUSD gold using breakout strategies with pending Buy Stop and Sell Stop orders. It applies an ATR volatility gate to prevent new trades when ATR falls below the minimum threshold. Signals form on M30 timeframe with an optional H4 EMA trend filter for confirmation.
The FakeMoonDog EA is an MT5 robot for XAUUSD gold trading. It switches between breakout mode for trending conditions using signals from Nova, Apex, Zenith, Pulse and Eclipse patterns, and grid mode for sideways markets with ADR or ATR spacing. Trades enter on breakouts or grid levels and exit at take profit targets or
Autotrader is a fully automatic MT5 expert advisor that reads M30, M15 and M5 timeframes to detect bias and place limit orders. It enters trades using a two-sided direction engine that combines Nadaraya-Watson regression, Ehlers Super Smoother, Laguerre RSI, Kalman trend lines, Smart Money Concepts and volume flow anal
GoldV4 Institutional Scalper is a dual-strategy algorithmic trading robot for XAUUSD on MetaTrader 5. It runs two independent strategies targeting different microstructures on the M1 timeframe, one capturing late-NY-to-Tokyo handoff and the other London open volatility surge. Entries use an 8-point confluence score acr
This MetaTrader 5 expert advisor utilizes the Ichimoku Kinko Hyo indicator system integrated with a machine learning boosting model to execute trades. It analyzes technical factors including RSI, ATR, Z-scores, and price slopes to determine a success probability before opening positions. The robot features built-in ris
This EA acts as a lightweight HTTP bridge connecting a FastAPI server running Python algorithms to MetaTrader 5. It polls the server every 500ms using WebRequest to receive JSON commands for opening LONG or SHORT trades, modifying positions, or closing positions. It pushes live account state, open positions, bid/ask da
This MetaTrader 5 expert advisor trades gold on a trend-continuation setup. It waits for a fast smoothed moving average pullback and a confirming candle that closes with the trend, then opens one market order. Stop loss sits beyond the pullback wick, with a minimum ATR distance and a default maximum of 15 price units t
The EA is a scalping robot for XAUUSD on MetaTrader 5. It enters trades by placing pending stop orders aligned with EMA trend on M1. After entry, DCA adds up to 4 orders in the basket every 2 points with fixed lot size and max 0.05 lot. The basket uses shared stop loss 15 points away. It applies basket trailing when pr
Kaybambodlabfx SMC is a MetaTrader 5 expert advisor that executes trades based on market regime classification and Smart Money Concepts (SMC). The system employs a multi-timeframe approach, scanning structures from the daily chart down to one-minute intervals to establish a master bias. It uses ADX, ATR, and swing poin
The Grid Assistant Pro is an Expert Advisor for MetaTrader 5 that executes grid trading on XAUUSD. It opens multiple limit order layers at user-defined pip distances with scaled lot sizes upon one-click button press or limit order catch. The EA synchronizes stop loss and take profit across all positions sharing a magic
The MT5 Forex Demo Bot is an expert advisor that automates forex trading on the MetaTrader 5 platform. It uses exponential moving averages with fast and slow periods to detect crossovers on the M15 timeframe and enters buy trades when the fast EMA crosses above the slow EMA, and sell trades when it crosses below. Each
Gold Micro HyperScalp EA is a MetaTrader 5 expert advisor focused on XAUUSD trading at M1 timeframe. It employs geometric micro-lot compounding for small accounts with a fallback risk percent setting and lot size cap. Entries trigger on SMC Asian liquidity sweeps, volume spikes, and CPR levels during London and New Yor
This EA exports closed trades from MetaTrader 5 to Markdown format for Obsidian trading journals. It reads position history without entering or exiting any trades and creates one note per closed position containing ticket, symbol, direction, volume, prices, SL/TP, R:R, balance, profit, commission, swap, duration and re
Panda Engine EA is a multi-strategy robot for MetaTrader 5 that incorporates four distinct trading modules: BB, Intra, Pullback, and Intra Master. It executes trades based on technical structures, swing points, and a confluence scoring system. The expert advisor includes an exposure guard to manage risk by limiting tot
CLMCA is a MetaTrader 5 expert advisor for the XAUUSD M15 timeframe. It enters trades on pullbacks to EMA34 and EMA89 with bullish candle confirmation and ADX trend filters from higher timeframes. It exits at a hard stop-loss calculated from EMA89 and ATR14. Risk controls include fixed dollar or percentage of balance l
Ali Trader EA is an automated MetaTrader 5 trading robot designed primarily for XAUUSD (gold). It integrates Smart Money Concepts elements such as market structure breaks, order blocks, fair value gaps, and liquidity sweeps alongside technical indicators like RSI divergence, ADX, moving averages, and DXY correlation. T
XLK Boom Crash Bot is a MetaTrader 5 EA designed for Boom and Crash synthetic indices. It scans multiple timeframes (M1, M5, M15, H1) to detect price action zones, pivot structures, reactions, and historical supports using configurable parameters like pivot strength, zone ranges, and scan bars. The EA registers signals
The Exness ICT Gold EA is a multi-strategy expert advisor for MetaTrader 5. It trades gold using confluence signals from ICT/SMC, liquidity, FVG, order blocks, retests, trend, breakout and volatility analysis across H4, H1, M15 and M5 timeframes. The EA opens and closes trades based on strategy signals and applies risk
This MetaTrader 5 expert advisor serves as a compliance protection layer designed for proprietary trading firm accounts. It implements three primary risk guards: an equity-anchored daily loss limit that resets at midnight, a static overall maximum loss halt based on starting balance, and a news filter that blocks new e
The Jackpot Flash Man EA is a trading robot for MT5 that analyzes M1 candle phases and tick microstructure to generate entries. It enters trades on EMA slope conditions, ATR volatility filters, consecutive tick requirements, and predictive engine signals for market regime and candle phase progression. The EA exits posi
This MetaTrader 5 expert advisor executes a trend-following strategy based on Donchian Channel breakouts and MACD filters across multiple timeframes. It utilizes a higher timeframe for trend direction while identifying entry opportunities on lower timeframes. The robot includes a trend memory mode designed to manage en
This MetaTrader 5 repository contains a large collection of expert advisors developed using the fxDreema visual builder. The primary strategy utilizes a triple moving average system with 200, 25, and 5 periods to detect trends, combined with ATR-based volatility filters for trade exits. It features grid-based order lay
The MT5 Docker Copier enables automated cross-broker trade copying between two MetaTrader 5 terminals using Docker containers and a central Python TCP hub. Trades from a master signal source such as Vantage are routed to a slave execution account like FTMO. The system resolves symbol name differences through configurab
This MetaTrader EA opens and manages a grid of buy positions every 50 points, setting a fixed take profit of 75 points per trade. It can hold up to 10 buy positions and 5 sell positions of 0.02 lots each, closing the worst sell orders when the sell buffer reaches 5 to free capital. Stochastic oscillator parameters (K=1
C Financial is a MetaTrader 5 repository containing a large collection of expert advisor variants focused on trend-following and price action strategies. The primary scripts utilize technical indicators like Moving Averages, ADX, CCI, and Average True Range to detect market direction and volatility. It features modular
QQQ Enterprise Professional is a MetaTrader 5 expert advisor that trades the QQQ ETF index using ICT smart money concepts combined with EMA trend indicators. It enters trades on liquidity sweeps, fair value gap confirmations, trend slope alignments and EMA crossovers or breakouts, allowing up to three entries per setup
VORAX is a scalping expert advisor for MetaTrader 5 that trades XAUUSD gold and BTCUSD bitcoin on the M1 timeframe. It enters positions using momentum and buyer/seller pressure analysis signals and exits at take profit with risk-reward ratios while applying volatility-adjusted stop losses. Risk controls include per-tra
AstraTrader is an AI-driven MetaTrader 5 expert advisor designed to execute trades based on a deep learning pipeline. The EA manages the execution lifecycle, handling symbols and timeframes, while delegating market analysis and order execution to an external pipeline class. It features built-in risk controls, including
The Sniper Style Pro EA is a MetaTrader 5 expert advisor that generates BUY and SELL signals using EMA crossover confirmed by RSI thresholds along with multi-timeframe trend alignment checks. It enters positions on signal conditions and manages exits through ATR-based stop loss plus take profit levels at 0.5R, 1.0R, an
Golden Bar is an expert advisor for MetaTrader 5 that draws a weekly price level grid on the XAUUSD gold chart. It enters long or short trades on bounces from these levels once all active filters agree, including ADX strength, SMA trend, good ratio proximity, and optional session windows. It exits trades at take profit
Raven Cost Averaging is a multi-currency grid robot for MetaTrader 5 designed to trade seven major forex pairs from a single chart. The system employs a hedging strategy, opening initial buy and sell positions and layering subsequent trades at fixed pip distances. It includes an optional M15 SMA 200 filter for primary
The Gold Reaper is an expert advisor compatible with both MetaTrader 4 and MetaTrader 5, specifically designed for gold trading. It executes trades based on fake breakout filters and high-low trailing stop losses, with options to restrict operations by trade frequency, spread, and specific hours on Fridays. The EA feat
MRTRADER is an MQL5 Expert Advisor for MetaTrader 5 that trades XAUUSD, EURUSD, and GBPUSD on the H1 timeframe using EMA crossover. It enters long or short trades on fast-slow EMA signals and exits with stop loss and take profit based on ATR multiples. Lots are sized as a percentage of balance up to a maximum limit. A
The Gold Sniper Scalper is an automated trading robot designed for MT5, specifically optimized for scalping gold (XAUUSD). The EA employs technical analysis using indicators like exponential moving averages (EMA), RSI, and ATR for entries, with optional multi-timeframe (MTF) trend confirmation across M5 and M15 charts.
Maximum Scalper Unlimited is an MT5-based expert advisor designed for high-frequency scalping, specifically configured for gold (XAUUSD). Operating on the M1 timeframe, it aligns entries with M5 trends using multiple exponential moving averages, RSI, and Stochastic indicators. The strategy utilizes a trend-pyramiding a
This MetaTrader 5 expert advisor functions as a comprehensive chart annotation and signal scanning tool based on Smart Money Concepts and Price Action. It identifies structural elements such as order blocks, fair value gaps, liquidity pools, and market structure shifts across multiple symbols simultaneously. The system
Xau Cloud AI Sniper is an automated trading robot for MetaTrader 5 designed for gold trading. It utilizes a multi-layered entry pipeline involving a pattern engine, breakout detection, and trend alignment, often synchronized with external cloud-based market outlooks. The system features an AI-filter mode to validate tr
This expert advisor for MetaTrader 5 automates Smart Money Concepts (SMC) and institutional liquidity strategies. It maps liquidity pools on a higher timeframe, monitors for liquidity sweeps, and uses a lower timeframe to identify market structure shifts (CHoCH) and breaks of structure (BOS). To enter positions, the EA
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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 day, 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 day. 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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