This MetaTrader 5 expert advisor executes trades based on Smart Money Concepts and Inner Circle Trader methodologies. It identifies institutional price patterns such as Fair Value Gaps, Order Blocks, and Liquidity Sweeps to find entry points. The robot requires market structure alignment and uses a higher timeframe tre
Synced with GitHub · updated today
Free MT4 & MT5 expert advisors
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
New EAs by RSS
Type
Strategy
Gold Rush 25 is a multi-strategy day trading robot for MetaTrader 5. It integrates several trading styles including trend continuation, support/resistance bounces, and session breakouts. The system employs multi-timeframe analysis to coordinate entries across various chart periods. It features institutional-grade risk
This MetaTrader 5 expert advisor is a trend-following robot that identifies market direction using dual Exponential Moving Averages and the Average Directional Index to filter trade strength. It manages exits through dynamic ATR-based stop loss and take profit levels, along with trailing stops and partial closure logic
The MT5 Data Collector is a utility for MetaTrader 5 that exports market information into external CSV files for further analysis. It features two separate scripts to record either granular tick data or aggregated candle data. The tool logs various parameters including price levels, tick direction, volume, and bid/ask
Manual Mode is a trading utility for MetaTrader 5 that provides a graphical interface for manual order execution. It allows traders to place market and limit orders while monitoring their risk profile through a dedicated overview panel. The tool focuses on assisting with position management and trade entry rather than
This MetaTrader 5 expert advisor automates a trend-following strategy using a combination of the Relative Strength Index and a Moving Average. It enters trades based on signals from a custom indicator that requires price to be on one side of the moving average while the RSI confirms momentum. The robot executes orders
This MetaTrader 5 expert advisor executes trades based on the first valid pullback following a significant ZigZag swing. It incorporates Smart Money Concepts by utilizing Fair Value Gap filters and searching for specific price action patterns. Risk management is comprehensive, featuring percentage-based lot sizing, aut
This MetaTrader 5 expert advisor is designed for gold trading using a trend-following approach. It identifies entries through dual Exponential Moving Averages across multiple timeframes, specifically utilizing M5 for entries and H1 for trend confirmation. Risk management is a primary focus, featuring ATR-based stop los
This expert advisor for MetaTrader 5 implements a trading strategy based on Smart Money Concepts and Inner Circle Trader principles. It automates trade entries by identifying price action structures such as Break of Structure, Order Blocks, and liquidity sweeps. The system features a multi-window session manager for As
Set Fixed SL and TP EA is a management tool for MetaTrader 4 and 5 that automatically monitors open positions and pending orders to apply protective exit levels. The utility assigns stop-loss and take-profit values based on user-defined points, specific price levels, or a percentage of the stop-loss. It features granul
This collection of MetaTrader 5 expert advisors provides experimental trading strategies focused on session breakouts and Smart Money Concepts. The primary robot monitors the opening ranges of the London and New York sessions on the M5 timeframe to identify entry signals. It incorporates several risk management tools,
This MetaTrader 4 expert advisor automates trading based on Gann Fan theory by identifying trend angles from recent swing highs and lows. It enters the market using buy and sell stop orders placed at specific distances from detected Gann lines. The robot includes risk management features such as fixed stop loss, take p
Golden7 is an automated trading system for MetaTrader 5 that utilizes a weighted confluence engine across seven technical indicators, such as Moving Averages, RSI, and Bollinger Bands. It uniquely allows users to input a manual fundamental bias score to influence trade direction. The robot includes a robust filtering s
This MetaTrader 4 expert advisor combines the Relative Strength Index, Moving Average, and Average Directional Index to identify trend-following entries. The strategy executes trades when price positioning relative to the moving average aligns with RSI exhaustion levels and ADX trend strength. It includes built-in risk
This MetaTrader 5 expert advisor collection uses a multi-indicator approach for trade entries. The primary logic involves a combination of MACD, three Triple Exponential Moving Averages (DEMA), the Relative Strength Index (RSI), and Stochastic oscillators. It filters signals using the Average Directional Index (ADX) an
This Expert Advisor for MetaTrader 5 automates supply and demand zone trading, specifically designed for XAUUSD on five-minute charts. It identifies zones based on directional streaks of five or more consecutive candles and executes trades when the price retests these newly formed areas. Risk is managed via fixed lot s
This MetaTrader 5 expert advisor is a buy-only scalping system that utilizes three parallel trading engines based on Average True Range volatility filters. It enters trades when volatility falls within specific thresholds and the current price is within a defined range below weekly resistance levels. The system feature
This MetaTrader 5 expert advisor implements a reversal strategy based on institutional trading concepts and liquidity sweeps. It identifies fake breakouts at swing high and low levels, waiting for price rejection patterns like pin bars or engulfing candles to enter trades. The robot manages risk through equity-based po
This rule-based automated trading system for MetaTrader 4 utilizes several modular logic components to identify market entries and exits. It includes integrated modules for MACD, Moving Averages, and proprietary CyberiaLogic and MoneyTrain algorithms. The EA provides flexible risk controls including automated lot sizin
This expert advisor for MetaTrader 4 and 5 executes trades based on price interaction with a Simple Moving Average. It monitors market positions on the H1 timeframe, entering buy or sell orders with predefined stop loss and take profit levels. The package includes an external Python script that works with a CSV log to
This MetaTrader 5 framework integrates artificial intelligence models into trading strategies through the OpenRouter API. It provides a structured set of libraries for managing multiple AI providers, handling API fallback logic, and parsing natural language outputs into executable trade commands. The included demo expe
Enhanced EA is an automated trading robot for MetaTrader 5 that combines Relative Strength Index, Bollinger Bands, and Moving Average Convergence Divergence indicators to generate signals. The expert advisor includes an optional trend filter based on a 200-period moving average to align entries with the long-term marke
This MetaTrader 5 expert advisor serves as a public demonstration and educational portfolio project. It implements a framework for automated trading using technical indicators such as Cumulative Delta, Average True Range, and Volume Weighted Moving Average. The software includes core risk management controls including
This collection of tools for MetaTrader 4 and 5 provides a bridge between trading terminals and external communication channels. It includes an alert system that broadcasts trade events, terminal screenshots, and signals to Telegram groups or channels. Additionally, it features an execution module that reads trading si
This MetaTrader 5 expert advisor implements a breakout strategy by placing dual pending buy stop and sell stop orders around the current market price. It utilizes the Average True Range (ATR) to calculate entry distances, stop loss levels, and trailing stops. An optional Ichimoku cloud filter provides trend confirmatio
This expert advisor for MetaTrader 5 is designed to automate trading strategies based on the Kaisara Legacy and AProfitFX indicators. It primarily focuses on gold scalping by analyzing rectangular chart zones across multiple timeframes, specifically M5 and H1. The EA includes modules for scanning chart objects, managin
This MetaTrader 5 expert advisor implements a specialized buy-only strategy based on the Japanese Gotobi calendar anomaly. It aims to capitalize on historical US Dollar demand by opening long positions on specific days of the month, specifically those ending in five or zero. The robot operates on a time-of-day basis, e
Price Action Bot is a technical Expert Advisor for MetaTrader 5 that executes trades based on market structure shifts, specifically Break of Structure (BOS) and Change of Character (CHoCH) signals. It supports two entry modes: waiting for a price retest of broken levels or entering immediately on a breakout candle clos
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
This MetaTrader 5 expert advisor is designed for aggressive trading on small accounts, specifically targeting EURUSD and XAUUSD. It utilizes a multi-timeframe approach, filtering trends with Exponential Moving Averages across H1, M15, and M5 charts. The robot enters trades based on pullback and price compression patter
This MetaTrader 5 robot executes trades based on price behavior and technical indicators. It utilizes the Relative Strength Index to identify overbought and oversold conditions while incorporating breakout and candle pattern logic. The expert advisor includes flexible risk management, offering fixed lot sizes or percen
Pathfinder 2025 is a breakout expert advisor for MetaTrader 4 that manages dynamic Buy Stop and Sell Stop orders relative to the current market price. It continuously updates pending orders based on price movement thresholds and time intervals to capture volatility. Trade entries are filtered by candlestick body size t
This MetaTrader 4 expert advisor executes trades based on a specific price level and provides real-time monitoring via Telegram. The EA sets a trade at a user-defined entry price for a specific symbol, such as indices or forex pairs. It features automated entry when the price reaches the target level and closes the pos
Memento is an automated trading system for MetaTrader 5 based on the Ichimoku Kinko Hyo indicator. It utilizes a triple-cross strategy that monitors the Tenkan-sen, Kijun-sen, and Chikou Span for specific alignments. The robot implements a multi-stage confirmation process, assessing momentum and candle strength before
This MetaTrader 5 expert advisor executes trades on USD major pairs using a combination of trend and momentum indicators. It utilizes Exponential Moving Averages for trend identification, alongside Relative Strength Index and Moving Average Convergence Divergence for entry timing. Risk management is handled through fix
This MetaTrader 5 expert advisor automates an Opening Range Breakout strategy with multiple technical filters. It defines a price range during a specific morning window and triggers trades upon a breakout. The system incorporates a Choppy Market Index filter to avoid consolidation, Cumulative Volume Delta for volume-ba
RSI Alert is a signal monitoring tool for MetaTrader 5 that identifies potential market reversals and divergences across up to four timeframes simultaneously. It utilizes the Relative Strength Index alongside Average Directional Index filtering to detect oversold and overbought conditions while attempting to filter out
This MetaTrader 5 expert advisor automates trading strategies based on Inner Circle Trader concepts, specifically focusing on the London Kill Zone. The robot identifies the Asian trading range and monitors the market for Fair Value Gaps, liquidity sweeps, and swing points to determine entry signals. It features customi
This MetaTrader 4 expert advisor functions as a data bridge to external web services. It automatically captures bid and ask prices for specific financial instruments and transmits them to a Python Flask server via HTTP POST requests. The system packages market data into JSON format on every tick and sends it to a confi
This MetaTrader 5 expert advisor implements a dual Adaptive Linear Moving Average (ALMA) crossover strategy. It enters trades when a fast ALMA crosses a slow ALMA, provided the slope meets a specific threshold and the price is within a defined ATR distance. The system uses a Supertrend indicator for additional trend co
This MetaTrader 5 expert advisor serves as an educational framework for developing trading robots using object-oriented programming. It demonstrates how to organize trading logic into modular classes for symbol handling, order execution, and strategy management. The EA incorporates two distinct price action strategies
This MetaTrader 5 expert advisor executes trades based on signals generated by a companion custom trend indicator. It is designed to function exclusively on the MetaTrader 5 hedging platform and requires the external indicator file to be installed manually in the local indicators folder. The system manages risk using a
This MetaTrader 4 expert advisor system facilitates local trade copying between different terminals using shared CSV files. It consists of a master EA to broadcast trades and a follower EA to execute them. The follower includes flexible risk management such as percentage-based lot sizing, daily loss limits, and a lot m
Rhythm Ultra is an automated price action strategy constructor for MetaTrader 5. It enables traders to automate entries based on Smart Money Concepts and ICT principles, including Order Blocks, Fair Value Gaps, breakers, and liquidity sweeps. The EA manages risk through multi-timeframe trend synchronization, partial ta
This data extraction utility for MetaTrader 5 exports historical price information for major stock indices such as NAS100 and US30. The tool processes multiple timeframes from one-minute bars up to monthly data, saving the results as CSV files for external analysis or backtesting. It features adjustable settings for ex
Simple MA Cross is an automated trading robot for the MetaTrader 5 platform that executes trades based on exponential moving average crossovers. It utilizes two adjustable MA periods to identify entry signals when the fast period crosses above or below the slow period. The expert advisor features basic risk management
Draco Bot is an automated trading system for MetaTrader 5, specifically designed for trading gold (XAUUSD). It utilizes Smart Money Concepts to identify market entries and exits. The expert advisor includes integrated risk management tools, such as percentage-based lot sizing and a fixed risk-to-reward ratio. It execut
Cloud Copy MT4 is a trade copying utility for MetaTrader 4 that enables order synchronization between different terminal instances via a cloud-based server. The system uses a Sender and Receiver architecture, transmitting trade data such as ticket numbers, lot sizes, and price levels using JSON over socket connections.
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.
Run EAs with a broker that supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers