This MetaTrader 5 expert advisor implements a multi-indicator strategy based on momentum and divergence confluence. It utilizes Stochastic, Commodity Channel Index (CCI), Parabolic SAR, and Exponential Moving Averages (EMA) to identify entries, specifically targeting bullish and bearish divergence patterns. Risk manage
Synced with GitHub · updated hourly
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 247Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 9Collection 155Utility 4
Strategy
This MetaTrader 5 expert advisor implements a multi-timeframe strategy combining M15 trend direction with M5 trade execution. It identifies entries using Smart Money Concepts like break of structure and order blocks, confirmed by MACD, Stochastic, and Parabolic SAR indicators. Risk management is a primary focus, offeri
Prop Firm Elite EA is a comprehensive trading suite for MetaTrader 5 designed for automated prop firm challenge management. It utilizes Smart Money Concepts, including Break of Structure and Fair Value Gaps, combined with exponential moving averages and RSI filters. The system manages risk through fixed percentage lot
An automated trading system for MetaTrader 4 specifically designed for gold (XAUUSD) on the M5 timeframe. It features two core strategies: trend continuation and price pullbacks. The expert advisor utilizes a dual exponential moving average framework for direction and ATR for volatility filtering. Risk management is ha
IchiDCA CCBSN PropFirm EA is an automated trend-following robot for MetaTrader 5, optimized for gold and forex markets. It triggers trades based on Ichimoku Cloud breaks, filtered by dual Exponential Moving Averages and MACD indicators. The strategy manages positions through a Dollar Cost Averaging system that layers u
Sentinel EA is a trend-following scalping robot developed for MetaTrader 5, specifically optimized for trading Gold (XAU/USD) on the one-minute timeframe. The strategy utilizes a fast and slow Exponential Moving Average crossover to identify trade entries. It features mandatory risk controls including fixed stop loss a
This MetaTrader 4 collection contains various expert advisors, including a primary strategy based on EMA 50/200 crossovers and RSI filtering. The main EA manages entries through trend confirmation and provides risk controls such as stop loss, take profit, and trailing stops. It includes features for breakeven activatio
Edelweiss EA is an educational trading robot for MetaTrader 4 that utilizes a multi-indicator framework to generate buy and sell signals. It combines exponential moving averages, stochastic oscillators, the awesome oscillator, ADX, and Bollinger Bands to identify market entries. Trade management includes dynamic ATR-ba
This MetaTrader 5 robot employs a dual-strategy approach, switching between trend-following moving average crossovers and RSI-based mean-reversion depending on detected market regimes. It features an integrated walk-forward optimization system that loads optimized parameters from external files to adapt to changing vol
RemedyBot is a collection of Expert Advisors for MetaTrader 5 focused on technical indicator strategies. The primary files utilize the MQL5 standard library classes to combine trend-following signals, such as Moving Average crossovers, with volatility-based exits like the Parabolic SAR trailing stop. The project includ
This MetaTrader 5 expert advisor utilizes a trend-following strategy based on two moving averages and the Average Directional Index (ADX). It enters trades when a short-term moving average crosses a long-term average, provided the ADX indicates sufficient trend strength. Specifically optimized for the Brazilian mini-in
This MetaTrader 5 repository provides a diverse collection of automated trading systems, including tools for supply and demand, news fetching, and price action strategies. The primary expert advisor utilizes moving average crossovers and momentum filters to identify market pullbacks. It incorporates trade management fe
This repository provides a diverse collection of MetaTrader 5 expert advisors and utility scripts for automated trading. The primary logic focuses on managing pending orders through dynamic distance adjustments, time-scheduled trade execution, and sophisticated trailing stops that operate via price ticks or millisecond
This MetaTrader 5 expert advisor serves as an educational repository for various automated trading strategies and capital management techniques. It features a modular architecture allowing users to toggle between multiple entry algorithms, including EMA crossovers, MACD zero-crossings, and a combination of ADX and Boll
This repository contains a collection of educational Expert Advisors developed as solutions for an MQL5 programming course. The provided examples demonstrate fundamental automated trading concepts on the MetaTrader 5 platform, specifically focusing on Exponential Moving Average crossover logic and MACD data processing.
This MetaTrader 4 repository features a collection of expert advisors, including a dual moving average retracement strategy and a Morning Star candlestick pattern robot. The primary moving average EA identifies trends using fast and slow Simple Moving Averages, entering trades when price retraces to the short-term aver
This MetaTrader 5 expert advisor executes trades based on the Ichimoku Kinko Hyo system, specifically targeting cloud breakouts. It incorporates several technical filters including Average True Range for volatility and Average Directional Index for trend strength to refine entries. Risk management is handled through pe
This MetaTrader 5 repository provides a collection of expert advisors developed primarily for educational purposes and MQL5 language study. The included robots utilize trend-following logic based on multiple moving average crossovers, featuring variations with up to four different indicator periods. Traders can configu
Falcon B is an automated trading robot for MetaTrader 4 that utilizes moving average crossovers and Keltner Channels for market entries. It is specifically designed to function within a larger framework, integrating with R-based decision support software through CSV command files. The EA provides robust risk management
This Expert Advisor is designed specifically for the Volatility 75 Index on the MetaTrader 5 platform. It employs a multi-timeframe strategy using exponential moving averages across H2 and M5 periods to determine trend direction and entry points. The system identifies long-term trends on the H2 chart and looks for pric
This repository offers a collection of MetaTrader 4 expert advisors focused on technical indicator triggers and price action. The suite includes tools for trading moving average crossovers, ADX momentum, and Stochastic oscillators. A dedicated EA identifies specific candlestick patterns such as Three White Soldiers and
Hedge Terminal is a specialized framework for MetaTrader 5 designed to facilitate hedging net positions and provide a structured API for managing expert advisors. The repository includes demonstration robots such as a moving average expert that operates across multiple timeframes. These examples show how to open trades
Nafi is a MetaTrader 5 expert advisor framework designed for deep reinforcement learning in forex trading. It bridges Python-based training environments, such as OpenAI Gym and PyTorch, with MetaTrader to facilitate automated trade execution. The system features standard risk management controls including fixed lot siz
This repository provides a collection of MetaTrader 4 expert advisors and utility tools. It includes diverse trading strategies ranging from M1 scalping and Heiken Ashi trend following to swing-based approaches. The codebase features a robust trade management framework with classes for order execution, error handling,
Tre Boll Trend is a MetaTrader 4 Expert Advisor designed to identify and trade market trends using multi-timeframe Bollinger Band analysis. The system processes data from timeframes ranging from five minutes to one day, calculating advanced metrics such as price velocity, acceleration, and standard deviation. It monito
This MetaTrader 4 expert advisor automates trading using the Ichimoku Kinko Hyo indicator alongside Simple Moving Average crossovers. It monitors Tenkan, Kijun, and Senkou spans to identify market trends while applying a Kumo cloud size threshold to filter out low-volatility entries. For risk control, the system provid
This MetaTrader 4 expert advisor executes trades based on three selectable technical indicators: Moving Averages, the Alligator indicator, or a custom channel strategy referred to as Rasim Line. It identifies trends and price levels to enter positions automatically. The EA manages risk through user-defined stop loss an
This MetaTrader 4 expert advisor implements a trend-following strategy using two Simple Moving Averages. It is specifically pre-configured for the CHFJPY currency pair on the 30-minute timeframe. The robot identifies entries when a fast 145-period SMA and a slow 250-period SMA align, placing pending orders rather than
This repository contains a collection of MetaTrader 4 expert advisors, including implementations based on Moving Averages and MACD indicators. The primary EA uses a moving average crossover strategy to identify entry points and manage positions. It features a lot-sizing module that adjusts volume based on available mar
Mousse Pips is a MetaTrader 4 expert advisor that implements a trend-following strategy based on exponential moving average crossovers. The robot identifies entries and exits by comparing fast and slow moving average periods. It incorporates automated risk management by calculating lot sizes as a percentage of free mar
This MetaTrader 5 expert advisor executes a trend-following strategy based on moving average crossovers. It monitors fast and slow exponential moving averages on closed bars to trigger buy or sell orders, with an optional RSI filter to confirm momentum. The robot includes automated risk management features such as dyna
This MetaTrader 4 expert advisor and modular framework provides advanced trade management and position scaling capabilities. It features a linear trailing stop that triggers at a predefined profit level and a pyramiding system to add positions to winning trades using a lot multiplier. The code is structured as a librar
This MetaTrader 5 expert advisor is designed for gold scalping using a multi-timeframe approach. It analyzes price action across M5, M15, and H1 intervals using Exponential Moving Averages, Relative Strength Index, and Average Directional Index for entry confirmation. Trades are managed with ATR-based stop losses, take
This MetaTrader 5 expert advisor is designed for trading XAUUSD using a trend-following approach. It identifies entries through a triple Exponential Moving Average crossover system, requiring ADX momentum confirmation before opening positions. To manage losing trades, the EA employs a martingale strategy that layers or
This expert advisor for MetaTrader 5 utilizes a multi-timeframe technical approach, scanning H1, M30, M15, and M5 periods simultaneously. It generates signals using a stochastic stack combined with RSI and stochastic divergence detection. The system incorporates a formula pack for market structure analysis, including B
This MetaTrader 5 expert advisor focuses on the EURUSD pair using an adaptive market regime approach. It alternates between trend-following and mean-reversion logic based on ADX and EMA indicators. The trend strategy utilizes price breakouts or pullbacks confirmed by RSI, while the range strategy employs Bollinger Band
SoftArsenal is a collection of MetaTrader 4 expert advisors and development tools. The repository features a custom expert advisor named Aberration, which utilizes Bollinger Bands to identify market breakouts. It places pending buy and sell stop orders at the outer bands and dynamically adjusts stop loss levels to the
Jamesmaria EA is a multi-pair MetaTrader 5 trading robot specializing in EURUSD, EURGBP, and Gold. It employs an H1 entry strategy based on the EMA 21/50 crossover and RSI confirmation, using H4 trend filtering for higher-probability setups. The EA includes dynamic lot sizing scaled to account equity, ATR-based take pr
Newton Fx is an automated trading system for MetaTrader 5, specifically configured for the gold market on the fifteen-minute timeframe. It identifies entries using a combination of exponential moving average crossovers, ADX trend strength verification, and Fibonacci retracement levels. The robot manages risk through AT
This collection for MetaTrader 5 provides a series of tools focused on Exponential Moving Average crossovers and trend identification. The primary scripts monitor the relationship between fast and slow EMAs to generate visual signals, marking the chart with vertical lines and arrows when a crossover or retest occurs. I
This MetaTrader 5 expert advisor provides an automated trading system with two primary operation modes: a multi-confluence signal engine and a Smart Money Concepts strategy. The confluence engine aggregates signals from RSI, MACD, Bollinger Bands, and EMA crossovers, while the Smart Money mode focuses on liquidity swee
This MetaTrader 5 robot is a trend-following expert advisor converted from Pine Script, designed primarily for gold scalping on the one-minute timeframe. It identifies entries using a triple Exponential Moving Average stack combined with Relative Strength Index filters and candle confirmation. The EA manages risk throu
This collection of MetaTrader 5 expert advisors contains numerous trading scripts, with the primary source code focusing on a gold-trading strategy. The robot utilizes a combination of the Relative Strength Index, Average True Range, and Average Directional Index alongside three simple moving averages to identify trend
This collection of MetaTrader 5 expert advisors provides several technical strategies for automated trading. The primary implementation uses a triple exponential moving average crossover for signals, supported by an Average True Range volatility filter. Risk control is managed via equity percentage or fixed lot sizing,
This Expert Advisor for MetaTrader 5 is a conversion of the EMA Slope and EMA Cross strategy originally developed for TradingView. It employs three Exponential Moving Averages with default lengths of 2, 4, and 20 to generate signals based on trend slope and price crossovers. The system supports a reversal-based trading
This MetaTrader 5 expert advisor utilizes a weighted signal scoring system to execute trades based on four technical indicators: Moving Average crossovers, RSI, Bollinger Bands, and MACD. It incorporates multi-timeframe analysis across M15, M30, and H1 periods to confirm trend direction. Risk management features includ
Span Model Trader is an automated expert advisor for MetaTrader 4 that utilizes the Span Model and Super Bollinger technical indicators. It identifies entry and exit signals based on components such as the Blue Span and Delayed Span. The robot operates on a bar-by-bar basis, executing logic only at the opening of a new
This MetaTrader 5 expert advisor combines Bollinger Band mean-reversion, squeeze breakouts, and EMA crossover trend following. It filters for ranging markets using a long-period EMA slope to execute reversal trades with candlestick confirmation, specifically identifying Doji patterns at the bands. Risk management inclu
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.
Run EAs with a broker that supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers