This repository contains a collection of MetaTrader 5 expert advisors designed for various financial instruments including the DAX index, gold, oil, and major currency pairs. The library includes specialized robots like German Sunrise for DAX mean reversion and others for specific events like Friday gold moves or Tuesd
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Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 161Trade managerRisk & protectionNews trading 1Copier & bridgeFramework & template 1Collection 79Utility 2
Strategy
STO Martin is a grid-based trading robot for MetaTrader 5 that uses technical indicators to manage entries and recoveries. It employs a Stochastic Oscillator for execution signals and a Moving Average to filter trades according to the prevailing trend. The EA features a martingale lot-scaling system that adds positions
This repository features MetaTrader 4 expert advisor templates focused on technical indicator integration and price action patterns. The included files utilize simple and exponential moving averages alongside fractal and candlestick pattern detection, such as hammers and stars. Trade management is handled through time-
This repository contains a collection of MetaTrader 4 expert advisors and technical indicators focused on automated trading logic. The included robots primarily utilize martingale and grid-based strategies, featuring lot scaling and distance-based order layering. Entry signals are generated through indicators like Boll
MadRabbit Universal is a collection of MetaTrader 5 expert advisors and trading tools focused on multi-indicator strategies. The flagship Universal Turbo robot allows users to combine signals from moving average crossovers, MACD, VWAP, ATR, and RSI. It is primarily designed for netting accounts trading indices and stoc
Trading Bot FX is an automated expert advisor for MetaTrader 4 designed to trade twenty-seven currency pairs. It implements a trend-following strategy using a customizable baseline moving average, such as LWMA or SMA, alongside the SSL Channel indicator to determine market direction. To filter entries, the robot utiliz
This MetaTrader 4 expert advisor executes trades based on the Ichimoku Kinko Hyo indicator. It incorporates four distinct trading methods: the Ideal Strategy, Tenkan-Kijun-Chikou crossing, Kumo breakout, and Chikou Span crossing. The robot manages risk through fixed stop loss and take profit levels, a maximum trade lim
Mql Trading Signals is a collection of expert advisors for MetaTrader 4 and 5 designed for automated trading and signal notification. The repository contains various strategy iterations, primarily utilizing Simple Moving Average (SMA) crossovers to identify trends. The main experts include logic for sending trade detai
This MetaTrader 4 expert advisor utilizes a strategy combining Bill Williams Market Facilitation Index colors and Moving Averages. It features a multi-currency scanner that allows the robot to monitor and trade multiple symbols from a single chart using a comma-separated input list. Traders can toggle a filter to only
Ray Scalper is an automated expert advisor for MetaTrader 4 that uses technical indicators to trade both trend-following and counter-trend strategies. It monitors Bollinger Bands, Moving Averages, and Stochastic crossovers to trigger entries. The robot allows users to toggle between trend and anti-trend modes and inclu
This repository features a collection of MetaTrader 4 expert advisors designed for various trading approaches. The included M5_M30integral EA utilizes moving average crossovers across multiple timeframes for trend detection. Other scripts employ envelope scalping at specific standard deviations and Bollinger Band strat
Gordon Day Trading is a MetaTrader 4 expert advisor designed for automated intraday trading. It combines signals from multiple Exponential Moving Averages, the Relative Strength Index, and Bollinger Bands to determine trade entries. The software includes visualization features for Fibonacci levels and unretraced zones
Scalpy is an automated scalping robot for MetaTrader 4 that utilizes multiple Exponential Moving Averages across different timeframes to identify entry signals. The system analyzes the 8 and 21 EMAs on the H1 timeframe for trend anchoring while using the 8, 13, and 21 EMAs on the M5 chart for execution. It includes a m
This MetaTrader 4 expert advisor automates trading using a Moving Average crossover strategy, specifically configured for the GBPUSD pair on fifteen-minute charts. It enters positions based on dual indicator signals and manages them through a combination of money-based take profit targets and lot size scaling. The syst
Adeline SMA Crossover is a MetaTrader 4 expert advisor that automates trading based on Simple Moving Average (SMA) crossover signals. The repository provides two versions of the strategy, utilizing SMA 40 and SMA 70 periods to identify trend shifts. The robot enters trades when a short-term moving average crosses the l
Make Money is a MetaTrader 5 trading robot specifically configured for the EURUSD currency pair. The expert advisor utilizes standard MQL5 library classes to monitor account status, symbol properties, and open positions. It tracks price data at minute intervals and incorporates a 25-period moving average reference for
Price Less EA is an automated trading robot for the MetaTrader 4 platform that implements a grid-based recovery strategy. It combines moving average crossovers for entry timing with a multi-level position layering system. The robot initiates trades and scales lot sizes using step-based increments at fixed distances. It
This repository contains five MetaTrader 4 Expert Advisors focused on technical indicator strategies. The robots implement multi-timeframe stochastic logic, single exponential moving average crosses for mean reversion or trend following, and classic dual moving average crossovers. Each system manages its own exits thro
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
This algorithmic scalping robot for MetaTrader 4 and 5 uses a five-factor confluence engine to identify trade entries. It monitors RSI extremes, Bollinger Band breakouts, MACD momentum, EMA ribbons, and volume acceleration. The EA employs percentage-based risk management with a strict stop loss and a flexible take prof
MATE Apex Scalper is a MetaTrader 5 expert advisor designed for scalping major forex pairs and gold. It employs a multi-symbol confluence strategy, filtering entries based on triple exponential moving average alignment, RSI levels, and Bollinger Band rejections on the M5 and M15 timeframes. The robot manages trades usi
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
This repository contains a collection of MetaTrader 5 expert advisors designed for a quantitative trading seminar by QRT Solutions. It includes multiple models such as US opening gap momentum, opening range breakouts, and SMA-based gold strategies. Each robot features professional risk management components including t
This MetaTrader 5 repository provides a collection of seventeen quantitative trading strategies designed for educational and research purposes. The primary expert advisor implements a US opening gap momentum strategy, utilizing ATR-based gap thresholds and Z-Score volatility regime detection to identify entry points. R
Moon HFT Pro is a MetaTrader 5 expert advisor that executes trades on the one-minute timeframe using analysis from five-minute and fifteen-minute charts. It identifies entries through a combination of Smart Money Concepts, market structure, and technical indicators including Moving Averages, RSI, and MACD. The system c
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
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
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
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
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 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
This trend-following expert advisor for MetaTrader 5 implements the SHAKE strategy to trade Bitcoin and Gold. It identifies entries by analyzing the alignment of three moving averages across three distinct timeframes, typically M1, M5, and M15. Positions are opened only when the fast, medium, and slow averages are sequ
Break EA is a multi-symbol trend-following robot for MetaTrader 5. It identifies market entries using a combination of EMA 50, MACD crossovers, and RSI filters, while ADX monitors trend strength. The advisor includes advanced trade management features such as ATR-based stop loss and take profit, trailing stops, break-e
This automated expert advisor for MetaTrader 4 and 5 trades forex using a multi-timeframe technical strategy. It identifies H1 trends with moving averages and Ichimoku clouds while timing M5 entries via MACD and RSI convergence. The system incorporates robust risk controls including equity-based lot sizing, daily loss
Steadx is an Expert Advisor for MetaTrader 5 that automates various Smart Money Concepts and ICT strategies. It utilizes multiple entry models, including Order Block and Fair Value Gap confluences, the Unicorn model, and liquidity sweeps during specific sessions. The system filters trades using higher-timeframe trend a
This collection for MetaTrader 5 provides a diverse range of algorithmic trading strategies and utility scripts. The featured Precision Sniper EA utilizes indicator resonance, combining EMA, RSI, and ATR for entry signals. It incorporates sophisticated risk controls including three-stage partial profit taking, structur
This expert advisor for MetaTrader 5 automates gold (XAUUSD) trading based on a Moving Average Convergence Divergence (MACD) crossover strategy. It enters long positions when the MACD line crosses above the signal line with a positive histogram, and short positions for the opposite crossover. Risk management features i
This MetaTrader 5 repository hosts a collection of over 90 expert advisors generated by StrategyQuant X. The robots are designed for the M15 timeframe across diverse markets including forex majors, gold, and oil. Entry signals are derived from technical indicators like Ichimoku, VWAP, and Moving Averages. Each EA featu
XAU Confluence EA is an automated trading robot for MetaTrader 5, specifically tailored for the gold market. The system executes trades based on a triple-confluence strategy that integrates an exponential moving average ribbon for trend direction, Donchian Channel breakouts with volume confirmation, and a proxy-CVD ind
This MetaTrader 5 Expert Advisor is a research-oriented tool designed for systematic trading of USTEC/Nasdaq CFDs. It employs a trend-following logic using Exponential Moving Average crossovers and ADX filters to identify entries on the M5 timeframe during specific trading sessions. Risk is managed through ATR-based dy
This MetaTrader 5 expert advisor automates the Breakout-To-Market-Maker (BTMM) strategy, featuring eight distinct intraday setups including M/W patterns, NYC reversals, and EMA200 bounces. It employs a signal arbitration engine to score and prioritize trades based on confluence, liquidity, and regime alignment. Risk ma
This repository features two MetaTrader 5 expert advisors specifically designed for Nasdaq indices. The first strategy utilizes a mean reversion approach based on the RSI-2 indicator on daily charts to identify oversold entries within a broader uptrend. The second strategy is a trend-following system for the M15 timefr
This MetaTrader 5 expert advisor implements a multi-timeframe trading strategy across M1, M5, and M15 intervals. It utilizes a seven-period Exponential Moving Average system ranging from EMA 30 to EMA 60 to identify market conditions. When EMAs are aligned, it executes trend-following trades; in consolidated markets, i
This MetaTrader 5 expert advisor implements a multi-timeframe strategy based on Dow Theory and Granville's Laws. It analyzes market structure across H4, M15, and M5 intervals using EMA, RCI, and MACD indicators. Trades are executed based on a proprietary scoring system that requires a minimum point threshold for entry.
This MetaTrader 5 expert advisor automates trend-following strategies for Forex pairs and Gold. It analyzes the market using a multi-timeframe approach, referencing H4 and H1 Exponential Moving Averages to establish trend direction. Entry signals are refined with indicators including the Average Directional Index, Rela
This repository provides a collection of MetaTrader 5 expert advisors focusing on trend-following and mean-reversion strategies. The featured Medias INDOL bot uses a triple moving average setup (140, 70, and 35 periods) combined with a 2-period Relative Strength Index (RSI) for entries. It incorporates multi-asset logi
This MetaTrader 5 expert advisor collection employs institutional trading concepts to execute trades across forex, commodities, and cryptocurrency markets. It utilizes a dual-timeframe approach, analyzing the H1 chart for trend direction and M15 for execution. Entry signals require multiple confirmations from RSI, MACD
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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