MT4 
MT5 
This collection provides educational Expert Advisors for the MetaTrader 5 platform, showcasing different algorithmic approaches for beginners and intermediate traders. It features a moving average crossover system and a more advanced mean reversion robot based on the Relative Strength Index. The included tools utilize
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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
Quick Risk Executor is a utility for MetaTrader 5 designed to streamline trade entry by automating lot size calculations based on user-defined risk in currency. The user sets a fixed dollar amount to risk per trade and identifies a stop loss level directly on the chart using an interactive line. The expert advisor calc
SmartScalper Pro AI is an automated scalping robot for the MetaTrader 5 platform that utilizes neural network-based decision making alongside pattern recognition. It calculates trade signals using a weighted combination of multiple technical indicators, including RSI, ATR, MACD, Bollinger Bands, Stochastic, and several
This MetaTrader 5 expert advisor trades liquidity sweeps of the Asian session, requiring confirmation from a Market Structure Shift (MSS) on a closed candle. It features built-in profiles for major currency pairs and gold, automatically configuring stop loss, take profit, and session times. Risk management options incl
Stop Grid Exness is an experimental MetaTrader 5 expert advisor designed primarily for Strategy Tester evaluation and educational purposes. It executes an adaptive grid strategy using stop orders placed on both sides of price action, configured by default for gold (XAUUSD). The system scales trade sizes using a lot mul
Arko Risk is an open-source position and risk management utility designed for MetaTrader 5, particularly suited for scalpers and prop firm traders. It does not generate trade signals but provides a graphical interface for designing limit orders with visual entry, stop loss, and take profit lines. The expert manages act
Vilona Gold Trading EA is a trend-following robot for MetaTrader 5 tailored for XAUUSD. It executes trades based on daily breakouts and moving average filters, often focusing on long-only setups to align with secular trends. Risk management features include equity-based lot sizing, fixed stop losses, trailing stops, an
Gold Scalper EA is an automated trading robot for MetaTrader 5 specifically designed for the XAUUSD market. It utilizes a modular architecture to perform multi-timeframe analysis across H1 and M15 charts, combining momentum, price action, and market structure indicators. The system employs a scoring engine and conflict
Liquidity Sweep EA is a MetaTrader 5 tool designed to identify price sweeps beyond swing highs and lows followed by structural shifts. It focuses on detecting liquidity grabs and Change of Character (CHoCH) signals, providing on-chart visualization for key levels. The software monitors 5-minute and 15-minute timeframes
This automated trading robot for MetaTrader 5 focuses on gold scalping using a multi-timeframe moving average strategy. It identifies entries via EMA crossovers on the one-minute timeframe, while confirming the overall trend using larger periods on the five-minute chart. Risk management includes dynamic stop loss and t
This MetaTrader 5 expert advisor combines breakout and mean-reversion strategies within a framework optimized for proprietary trading firm requirements. It features adaptive logic that transitions between modes based on market drift detection. Users can configure breakout entries using Donchian channels or fixed time r
DomPanion is a trade management and risk protection utility for MetaTrader 5 designed for discretionary traders. It monitors active positions to enforce lot size limits, session-based trading restrictions, and monetary take-profit or stop-loss targets. The EA features a dashboard with time-based performance analysis an
SwingOlly is an automated MetaTrader 5 expert advisor designed for forex trading. It generates trade entry and exit signals by combining multiple technical indicators, specifically the Double Exponential Moving Average (DEMA), Parabolic SAR, Stochastic Oscillator, and Relative Strength Index (RSI). The expert advisor m
This MetaTrader 5 expert advisor implements Smart Money Concepts and ICT strategies specifically for the XAUUSD pair on the five-minute timeframe. It utilizes a multi-confirmation scoring system including market structure shifts, break of structure, and change of character detection alongside fair value gaps and liquid
This expert advisor for MetaTrader 5 automates the Fimathe/PCM technical analysis strategy. It identifies market cycles by constructing reference channels and expansion zones to execute trades on price breakouts. The robot supports entries based on candle touch or closure and manages exits using two take profit levels.
This MetaTrader 5 expert advisor is designed specifically for trading gold (XAUUSD) using a breakout strategy. It functions by placing buy stop and sell stop pending orders at a fixed distance from the current price during specified trading hours. The robot includes risk management features such as a configurable stop
An automated trading robot for MetaTrader 5 specifically designed for the XAUUSD market. It utilizes a combination of RSI for overbought and oversold levels, MACD for momentum, and Simple Moving Average crossovers for trend confirmation. The EA enters trades when multiple indicators align and manages them using fixed o
This MetaTrader 5 expert advisor executes trades on gold (XAUUSD) using a combination of the Relative Strength Index (RSI) and a Simple Moving Average (SMA). Designed specifically for the five-minute (M5) timeframe, the robot monitors overbought and oversold conditions alongside trend direction to find entry points. It
RiskGuard is a risk enforcement utility and trade manager for MetaTrader 5, specifically designed for manual gold scalpers. Instead of placing entries, the utility monitors and manages active manual positions. It automatically applies stop-loss and take-profit levels, enforces maximum lot sizing, and prevents traders f
This MetaTrader 5 robot trades gold on the 15-minute timeframe using a trend-following pullback strategy. It identifies the primary trend using a 200-period EMA on the H1 chart and looks for entries on the M15 timeframe when price retracts to a fast EMA and RSI indicates a momentum reset. Risk is managed through ATR-ba
NeoFL is a collection of modular MetaTrader 5 trading robots built on a shared algorithmic architecture. The library includes specialized engines for gold, forex, and candle level revisits. The primary Candle Revisit EA uses M5 price action analysis for entries while employing an M1 observer for trade protection. It ma
This MetaTrader 5 utility integrates Gexbot API data to visualize option-based market sentiment directly on the chart. It fetches and displays Gamma Exposure (GEX) profiles, including Open Interest, volume, and State data like Delta and Vanna across various days to expiration. The EA draws key levels such as Zero Gamma
Shakuni Trap is a MetaTrader 5 research laboratory focusing on systematic gold trading. The collection features multiple Expert Advisors, with the primary OneShot version utilizing M1 to M5 timeframes. This strategy executes trades based on EMA bounces or Donchian Channel breakouts, requiring alignment with higher time
This repository features a collection of MetaTrader 5 Expert Advisors developed for strategy and risk-management research. It includes a multi-pair mean reversion grid system, a gold breakout robot using previous day levels, and trend-following strategies based on moving averages. The EAs incorporate extensive risk con
This position management expert advisor for MetaTrader 5 automates the trailing stop loss process for gold trades. It offers two distinct operational modes: a fixed pips distance and an adaptive mode based on the Average True Range indicator to adjust for volatility. The utility includes specific safeguards to block or
Aurum is an adaptive research expert advisor designed for trading Gold on MetaTrader 5 cent accounts. It employs a multi-timeframe logic that filters H1 trend direction, M15 market regimes, and M5 setups to trigger entries on M1 closed bars. Risk management is a central component, incorporating strict limits on daily a
This MetaTrader 5 utility serves as a data bridge to stream M1 candle data to the Easy Candle application. It connects via a local WebSocket to transmit Open, High, Low, Close (OHLC), and volume data in JSON format. The EA handles historical data synchronization by chunking up to 500,000 bars and maintains a live conne
Conquest EA is a self-adjusting expert advisor for MetaTrader 5 that utilizes Smart Money Concepts such as Fair Value Gaps and Break of Structure for entries. It features a built-in learning module that evaluates its own trade outcomes to adjust strategy weighting and confidence in real-time. Risk management includes a
Trend Matrix EA is a multi-model trend-following robot for MetaTrader 5, specifically optimized for Gold trading. It utilizes a scoring matrix based on several technical indicators including Moving Averages, MACD, ADX, and Bollinger Bands to determine entries. The system employs a conservative pyramiding approach, addi
Flip Trader is a perpetual stop-and-reverse expert advisor for MetaTrader 5 that remains in the market at all times. The strategy opens an initial position and applies a tight trailing stop-loss without a take profit target. When the market hits the stop-loss, the robot immediately closes the position and opens a new o
This MetaTrader 5 expert advisor serves as a risk management and execution framework rather than a standalone trading strategy. It monitors account equity in real-time to enforce daily drawdown limits. If a predefined monetary loss threshold is reached, the engine can trigger a kill switch to block further trading or f
This MetaTrader 5 expert advisor implements a dual-direction hedging grid strategy primarily designed for XAUUSD. It simultaneously maintains buy and sell baskets, opening new positions at fixed or ATR-calculated intervals when the market moves against existing trades. The EA employs a soft martingale lot multiplier to
Spike Can Can Drop is a MetaTrader 5 expert advisor designed to detect price action spike patterns, specifically the Can Can pattern. It uses an Average True Range multiplier to confirm volatility surges relative to a defined lookback period on higher timeframe structures. The utility features an on-screen dashboard mo
Tabranij Gold EA is an MT5 expert advisor that trades XAUUSD gold using multiple strategies including breakout, martingale averaging, grid layering and zigzag bounce entries. It scales lots with a multiplier up to five steps then stops. Exits use fixed stop loss and take profit distances or ATR-scaled signals. Built-in
ITIP is an advanced multi-component expert advisor for MetaTrader 5 that connects the terminal to external AI and simulation modules. It utilizes a modular architecture to track smart money structure, including order blocks and fair value gaps, alongside RSI divergence signals across multiple timeframes. The platform h
Thinkwealth Smart Structure Pro EA is an automated trading system for MetaTrader 5. It analyzes the M15 timeframe for overall trend using EMA indicators and identifies break of structure on the M5 timeframe. The EA enters trades on pullbacks to order blocks and fair value gaps when confirmed by MACD, Stochastic, and Pa
Grafik Tabranij EA is an automated trading robot for MetaTrader 5 designed to trade highly volatile assets including gold and Bitcoin. It operates on H1 timeframe signals using a proprietary technical logic. The EA manages risk with fixed stop loss and take profit targets, but incorporates a martingale multiplier to sc
SynerPro EA is a MetaTrader 5 robot designed for managing prop firm challenges. It implements the Synergy Strategy, utilizing Heikin Ashi market bias and session-based filters to execute trades. The system features a master-slave communication architecture via shared files for coordinating between instances. Risk manag
This expert advisor for MetaTrader 5 combines traditional quantitative strategies with machine learning via the ONNX runtime. It features multiple trading modes including Order Blocks, market structure analysis, and a hybrid AI strategy using neural network predictions trained in PyTorch. The system incorporates compre
The XAUUSD SMC Trader is an automated expert advisor for MetaTrader 5 focused on XAUUSD gold trading using smart money concepts. It scans H1 timeframe for bullish and bearish order blocks then confirms entries via M5 change of character patterns detected through peak and trough analysis. The system applies dynamic lot
This MetaTrader 5 expert advisor utilizes a Naive Bayes probabilistic model integrated with Smart Money Concepts and ICT principles to identify trading opportunities. It primarily targets gold bias and pullbacks but includes logic for universal symbol support. The system uses a machine learning engine that self-retrain
This MetaTrader 5 expert advisor implements a market regime filter inspired by Wyckoff principles, identifying phases like accumulation, distribution, markup, and markdown. It identifies trading ranges using a lookback period and triggers entries on confirmed breakouts with consecutive closes. Risk management is centra
This expert advisor for MetaTrader 5 implements a technical strategy combining MACD, Stochastic Oscillator, and Parabolic SAR indicators. Designed primarily for the five-minute timeframe, it enters trades based on momentum and trend alignment. The system features robust risk controls, including stop loss and take profi
This expert advisor implements an automated trend-following strategy for the US30 index on the MetaTrader 5 platform. It identifies entries using a combination of dual Exponential Moving Averages for trend direction, RSI for momentum filtering, and specific candle patterns. Risk is managed through a percentage-based lo
This Expert Advisor for MetaTrader 5 implements a trend-following strategy based on the crossover of 15-period and 60-period Exponential Moving Averages. It employs a continuous reversal logic to maintain market presence, switching between long and short positions as trends shift. Risk management includes ATR-based dyn
Smart Trader 7CAS is an automated trading robot for MetaTrader 5 designed specifically for commodities including Gold, Silver, and Oil. It implements seven distinct trading modules or scenarios covering trend following, scalping, range trading, breakouts, Smart Money Concepts, reversals, and Fibonacci levels. The syste
XAUUSD M1 Scalper is a MetaTrader 5 robot that trades gold on the M1 timeframe. It identifies breakout signals on range bars and filters them with a fast EMA trend on M15. The EA opens three legs per signal with TP1 TP2 and TP3 distances set by risk percent and ATR multipliers. It exits trades at partial TP levels or c
This MetaTrader 5 collection provides five Expert Advisors focused on Ichimoku Chikou-Kijun crossovers. The repository includes basic alert tools and automated robots that execute trades based on lagging span movements relative to the base line. Advanced variants incorporate ADX and DI filters, Kumo cloud confluence, a
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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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