Dejavu EA is a grid trading robot for MetaTrader 5 that automates trade entry using a system of pending orders. It supports buy and sell stops and limits, organized in configurable increments. The strategy includes a dynamic take profit mechanism relative to grid spacing, trailing stops, and ATR-calculated stop losses.
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Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Strategy
This repository provides a collection of MetaTrader 5 Expert Advisors, featuring the Milyoner AI Project and Titanium Omega series. The primary EA uses an AI-weighted scoring engine to combine technical indicators like adaptive moving averages with price action analysis, including candle patterns and Smart Money Concep
This MetaTrader 4 expert advisor implements a grid-based trading approach by opening buy and sell positions based on price distance. The system evaluates current market orders and places new trades only when the price moves a specific distance, defined by the step parameters, from existing entries. Users can independen
Hosopi3 Tanpoji is a single-position trading robot for MetaTrader 4 and MetaTrader 5, specifically developed to avoid martingale and averaging techniques. It triggers entries using various built-in technical indicators such as Moving Averages, RSI, Bollinger Bands, and Stochastics, or through external custom indicator
This collection of Expert Advisors for MetaTrader 5 provides high-frequency scalping and multi-strategy automated trading across multiple currency pairs. The robots utilize a signal scoring system based on moving average crossovers, RSI momentum, Bollinger Band breakouts, and MACD signals. The suite includes a dedicate
This machine learning expert advisor for MetaTrader 5 utilizes ensemble and deep learning models to analyze market patterns. It offers a versatile multi-strategy approach, allowing users to toggle between trend-following, scalping, and grid-hedging behaviors. Risk controls are comprehensive, featuring fixed percentage
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
This MetaTrader 5 robot implements a grid trading strategy featuring dynamic order spacing. Unlike traditional fixed grids, this expert advisor increases the distance between subsequent levels using an expansion factor. It employs martingale lot scaling where volumes grow exponentially based on the number of open posit
This Expert Advisor for MetaTrader 5 implements a bi-directional grid strategy combined with martingale lot scaling. The robot monitors buy and sell legs independently, opening new orders at fixed pip intervals when the price moves against existing positions. It utilizes an exponential growth factor to increase trade v
This MetaTrader 5 expert advisor utilizes a hedging and grid-based strategy described as cornering. It places pending orders on both buy and sell sides at fixed or automatically adjusted distances. The bot scales position sizes using a multiplier for subsequent entries and includes a dynamic break-even function to mana
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 5 expert advisor implements a trend-following strategy based on the Parabolic SAR indicator combined with hedging logic. It identifies market direction using standard PSAR parameters and manages positions through automated risk controls. The system allows users to define risk as a fixed lot size or a pe
This MetaTrader 5 expert advisor executes trades based on a combination of momentum and trend indicators, specifically MACD, RSI, CCI, and ADX. It seeks trend reversal opportunities by identifying overbought or oversold conditions combined with specific trend strength requirements. The EA includes risk management featu
This repository provides a collection of automated trading systems for MetaTrader 4 and 5. The expert advisors utilize various technical indicators, including ADX, DMI, RSI, and Heiken Ashi, to determine market entry points. Some strategies are based on price action from previous candle directions. Trade management fea
This MetaTrader 4 expert advisor executes a dual-direction grid trading strategy driven by technical analysis. It enters trades based on an Exponential Moving Average crossover logic using three distinct periods. The system employs a customizable martingale sequence where lot sizes increase after a user-defined number
This MetaTrader 4 expert advisor executes and manages trades using a specialized hedging strategy. It monitors account equity and floating losses, automatically opening hedge positions when a user-defined loss percentage is reached. The system includes robust risk management features such as daily and weekly loss limit
This MetaTrader 5 expert advisor is designed specifically for trading XAUUSD. It utilizes a combination of the Average Directional Index (ADX) for trend strength, Relative Strength Index (RSI) for momentum, and two Simple Moving Averages for trend direction. The system uses multi-timeframe analysis, specifically checki
This repository features a collection of MetaTrader 5 expert advisors, with a primary focus on a multi-currency ring trading system. The flagship EA executes trades across several currency pairs simultaneously, utilizing triangular hedging logic to manage exposure. It incorporates various lot management modes including
This MetaTrader 4 expert advisor executes trades based on candle momentum and specific trigger factors. It manages positions using virtual trailing stop-loss and take-profit levels, alongside a global profit target that halts trading once a predefined financial goal is met. The system includes logic for multi-symbol tr
Phantom Edge is a MetaTrader 5 expert advisor primarily designed for trading BTCUSD. It identifies entries using a combination of technical indicators, including RSI, MACD, and SMA, while validating setups through multi-timeframe analysis of M15 liquidity sweeps and M30 trend breaks. The EA features comprehensive trade
This MetaTrader 5 expert advisor acts as a trade bridge, receiving order data from an external Go-based bridge server. It polls a specified URL at regular intervals to synchronize trades and manage an aggregated net futures position, likely originating from NinjaTrader. The EA translates external signal data into order
This MetaTrader 5 expert advisor implements a trend-following strategy based on price position relative to a moving average. It initiates buy orders when a candle closes above the moving average and sell orders when it closes below. Risk management is handled through several configurable parameters, including fixed tak
The Nova Ultimate Trade Panel is a comprehensive manual trading and management utility for MetaTrader 5. It provides a movable, dynamic interface for executing market and pending orders with precise control over lot sizing and risk levels. Users can adjust stop loss and take profit targets directly on the chart using d
Zone Recovery is a MetaTrader 4 expert advisor that employs a hedging strategy to manage trades within a specific price range. It uses a recovery algorithm to open opposite positions with increased lot sizes when the market moves against the initial entry. The EA calculates a lot multiplier based on the risk-reward rat
This MetaTrader 5 expert advisor implements a linear gradient trading strategy, which typically involves layering orders or partial exits at fixed point intervals. It utilizes Bollinger Bands as a primary technical indicator for entry signals and supports buy-only, sell-only, or bidirectional trading modes. The robot i
Tip Top AI is a price action robot for MetaTrader 4 and MetaTrader 5 that uses a proprietary candle tail length algorithm to identify market entries. The strategy calculates the average size of historical bars and monitors current candles for specific wick-to-body ratios. It enters trades when wicks exceed the body siz
This MetaTrader 4 expert advisor executes two distinct intraday strategies focused on the GBPUSD pair. The first approach identifies price deviations from the daily open, while the second targets retracements from specific daily range extensions. The robot manages multiple position types, including primary and extra or
MintyGrid is an automated trading robot for MetaTrader 5 that employs a grid-based strategy without relying on technical indicators or market averages. It enters positions immediately and manages losing trades by layering additional orders at specific intervals. The expert advisor utilizes martingale and reverse-martin
Fibonacci Expert is a MetaTrader 5 robot that calculates Fibonacci levels using price extremes from a user-defined timeframe. It automatically places various pending orders, including buy stops, sell stops, buy limits, and sell limits, at specified intervals relative to these levels. The EA manages risk through individ
Forex Trading Robot is a collection of MetaTrader 5 expert advisors that implement various technical strategies, including trend-following and hedging approaches. The core logic utilizes Exponential Moving Averages and the Average True Range indicator to identify market volatility. It employs a martingale lot scaling s
This automated expert advisor for MetaTrader 4 and MetaTrader 5 utilizes a strategy inspired by the Never Losing Formula. It employs technical indicators including the Stochastic Oscillator, Relative Vigor Index, and Envelopes to identify market entries. To manage trades, the EA incorporates a secondary entry mechanism
Icarus EA is a MetaTrader 4 robot that executes a grid trading strategy with lot size progression. It opens sequences of trades at fixed intervals and uses a multiplier to scale lot sizes, identifying it as a martingale-style system. Risk controls include an equity warning threshold, a maximum number of concurrent posi
Arbitrage Expert is a MetaTrader 4 expert advisor that focuses on a zone recovery hedging strategy rather than traditional arbitrage. Based on the OGT Zone Recovery system, it manages trades by opening counter-positions within a defined price zone when an initial trade goes into drawdown. The system employs a lot multi
This MetaTrader 5 expert advisor executes a grid-based trading strategy, specifically tailored for gold but applicable to other instruments. It functions by opening initial buy and sell positions and subsequently placing a sequence of limit orders at specified intervals. The system manages risk through a configurable g
This repository provides a collection of MetaTrader 4 expert advisors centered on trend-following and hedging mechanics. The primary Trend EA identifies market entries using moving average crossovers, stochastic oscillators, and MACD indicators. Risk is managed through percentage-based equity lot sizing and pair-specif
This MetaTrader 5 expert advisor serves as a template and demonstration for automated trading systems. It implements a basic moving average crossover strategy using two configurable periods to determine market entries. The code is structured around a custom trading class that provides utility functions for analyzing hi
This MetaTrader 4 expert advisor implements a zone-based hedging strategy using predefined price levels. The robot monitors specific price thresholds—defined as ceiling, middle, and floor—to manage order entries. It utilizes a timer-driven event system to evaluate trade conditions and manage positions. Risk control is
Xurya Algorithmic Trading is a collection of MetaTrader 4 expert advisors centered on breakout strategies and volatility analysis. The primary EA uses a breakout mechanism with entries filtered by price action across a defined number of bars. It features risk controls including fixed percentage lot sizing based on acco
This MetaTrader 5 repository provides a collection of Expert Advisors based on the educational material from Andrew Young. It includes several distinct strategies such as RSI and Bollinger Band counter-trend systems, moving average crossovers, and breakout trading with pending orders. Each EA includes standard risk man
Aych MTFX is a collection of MetaTrader 4 expert advisor templates designed for building custom trading robots. It utilizes a modular structure with various versions ranging from basic to full feature sets. The core logic manages trade entries and exits at bar opens, featuring integrated risk controls like break-even s
This repository is a collection of MetaTrader 5 expert advisors and scripts designed for educational purposes. It contains several standalone trading tools, including simple Bollinger Band strategies, trailing stop managers, and limit order placement utilities. The primary example uses a grid-based approach, populating
This repository provides a collection of MetaTrader 4 expert advisors and libraries designed to integrate with the 4xlots risk management web service. The collection includes various trading robots such as a trend-following system, a double SMA crossover strategy, and a Martingale-based EA. It focuses on dynamic risk c
This automated trend-following expert advisor for MetaTrader 4 is designed specifically for the GBPJPY pair on the H1 timeframe. It identifies market entries using the Commodity Channel Index and Moving Average Convergence Divergence indicators. The system operates within specific GMT hours and manages a maximum of two
This MetaTrader 4 repository contains a collection of automated trading tools, primarily centered on the Martingale Levels Expert. The system employs a grid-based strategy that places stop orders at specific intervals and manages them using trailing stops. It utilizes martingale lot scaling, where subsequent order size
This MetaTrader 4 expert advisor implements a pairs trading or statistical arbitrage strategy primarily designed for energy commodities like USOIL and UKOIL. It monitors the price differential between two correlated assets over a specific lookback period to identify mean-reversion opportunities. The robot executes simu
This MetaTrader 4 Expert Advisor implements a price-action grid strategy that opens orders based on fixed distance intervals. The robot establishes a baseline level and triggers a buy or sell position whenever the price moves a specific number of points away from that level. It features no built-in stop loss or take pr
Gold Warrior is a MetaTrader 5 expert advisor that utilizes a combination of Commodity Channel Index (CCI), ZigZag, and momentum impulse indicators for trade execution. The robot manages individual positions with fixed stop loss and take profit settings while employing a trailing stop for profit protection. It features
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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