This multistrategy expert advisor for MetaTrader 5 combines currency strength analysis, breakout/reversal logic, and swap carry trading. It targets various markets including forex, gold, oil, indices, and crypto. Trade execution involves ATR-based stop losses, multiplier-based take profits, and partial closing mechanis
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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 108Trade managerRisk & protectionNews tradingCopier & bridge 3Framework & template 6Collection 153Utility 3
Strategy
This MetaTrader 5 expert advisor focuses on institutional-style trading across forex, indices, and other assets. It utilizes market structure analysis, including liquidity sweeps and market structure shifts, to identify entries on a M15 timeframe guided by H1 trends. The robot categorizes market states into range, tren
This MetaTrader 5 expert advisor serves as both a manual trading dashboard and an automated execution tool. Users can perform one-click operations, manage batch stop loss and take profit levels, and adjust orders visually via chart dragging. The automated component utilizes external arrow indicators, such as HalfTrend,
This MetaTrader 5 expert advisor provides a versatile trading framework featuring nine selectable entry signals, including Ichimoku, RSI, Bollinger Bands, and EMA crossovers. It employs a Dollar Cost Averaging strategy with configurable lot multipliers and distance scaling to manage positions. A notable feature is the
This repository is a compilation of MetaTrader 4 and MetaTrader 5 expert advisors primarily focused on gold (XAUUSD) trading. The core system included features seven independent trading strategies that can be enabled concurrently. It provides various risk management tools, including automated lot sizing based on accoun
Chimera is an automated trading system for MetaTrader 5 designed to trade XAUUSD through multi-asset confluence. It analyzes price action across several timeframes, from M5 to H4, and incorporates inverse correlation filters using the US Dollar Index and US30. The EA identifies entries using harmonic patterns and RSI d
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,
The repository provides a collection of MetaTrader 5 expert advisors and analytical tools. The main featured tool is a 3D correlation matrix that visualizes the statistical relationships between multiple currency pairs over a customizable date range using DirectX and Canvas graphics. In addition to this analytical tool
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
MQ Autonomous is a momentum breakout expert advisor for MetaTrader 4 and MetaTrader 5. It scans multiple assets simultaneously for significant daily price movements exceeding a specified percentage. Once a threshold is met, the system seeks entries based on price breaking recent highs or lows, supported by a volume ave
Oslib is an extensive repository of Expert Advisors and indicators for MetaTrader 5, encompassing various quantitative trading approaches. The collection includes statistical arbitrage robots that trade spreads between two correlated symbols, machine learning experts utilizing Support Vector Machines (SVM), and high-fr
This repository serves as an extensive educational resource for MetaTrader 5, containing a wide variety of Expert Advisors and indicators based on a series of MQL5 development articles. It includes robots utilizing technical indicators such as RSI, MACD, Ichimoku, and Bollinger Bands. The collection features tools for
This MetaTrader 5 expert advisor combines technical indicators with price action to automate trading decisions. It incorporates five individual strategies including EMA crossovers, candlestick engulfing patterns, and support or resistance breakouts. The system is specifically calibrated for the 30-minute timeframe and
RSI Surf Scout is a multi-symbol momentum expert advisor for MetaTrader 5 that combines RSI signals with EMA trend filtering. It scans multiple instruments and timeframes simultaneously, entering trades via limit orders when momentum aligns with the long-term trend. The robot features robust risk controls designed for
This MetaTrader 5 expert advisor is a multi-timeframe scalping robot designed for the forex market. It utilizes a Currency Strength Meter (CSM) combined with a technical indicator suite including RSI, MACD, and ADX to identify entry signals across various periods from M1 to H4. The system incorporates comprehensive ris
This repository provides a diverse collection of MetaTrader 5 expert advisors focusing on technical indicators and Smart Money Concepts. The primary expert advisor, Behemoth Max, utilizes a combination of MACD, weighted moving averages, and exponential moving averages across multiple timeframes to identify entries. Ris
This MetaTrader 5 repository provides a collection of expert advisors and utility tools for Forex, Gold, and cryptocurrency markets. It includes automated strategies exported from EA Studio alongside a custom manual trading panel. The primary interface allows users to execute trades directly from the chart, manage lot
This repository contains a collection of MetaTrader expert advisors for MT4 and MT5, featuring various algorithmic trading strategies. The primary EA, North East Way, implements a multi-currency grid and martingale system focused on mean reversion for correlated pairs such as AUDNZD and NZDCAD. It manages risk through
This repository contains a collection of Expert Advisors and trading tools developed for the MetaTrader 4 platform. It features multiple standalone scripts implementing classic technical strategies, including Ichimoku Cloud trend following, Moving Average crossovers, and momentum-based entries using RSI or MACD. The Ex
This repository functions as a large collection of over 170 MetaTrader 4 expert advisors provided in source code format for further development. The library includes various automated trading robots based on popular technical indicators such as Heiken Ashi, RSI, Stochastic, and MACD crossovers. The included files utili
This MetaTrader 5 expert advisor executes a multi-indicator strategy inspired by the No Nonsense Forex methodology. It combines an SSL indicator for signal confirmation, the Waddah Attar Explosion for volume filtering, and a Geometric Mean Moving Average as a baseline. The robot enters trades based on trend alignment a
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
This collection for MetaTrader 5 features a variety of trading tools and automated expert advisors. It includes advanced visualization utilities like a 3D correlation matrix and a mathematical morpher using DirectX canvas. The repository also provides several technical trading robots based on moving averages, MACD, ADX
This MetaTrader 4 repository serves as a research and development environment for MQL4 algorithmic trading. It includes multiple experimental files focusing on pivot point identification and volume-based price analysis. The code explores custom data structures for price action and seeks to implement specific strategies
This MetaTrader 4 framework provides a modular environment for developing and backtesting expert advisors based on the No Nonsense Forex methodology. It includes functional swing trading robots that utilize baseline indicators, multiple confirmation layers, and volatility filters to identify entries. The system feature
This MetaTrader 4 collection provides several expert advisors designed to automate trade entry with integrated risk controls. The tools calculate lot sizes based on a user-defined percentage of account capital, ensuring consistent exposure. Users can configure the trade direction, expected duration, and risk-to-reward
This repository contains a collection of MetaTrader 4 and MetaTrader 5 tools, including automated trading robots and technical utilities. The primary expert advisor features a hybrid system that supports both straddle and fade execution modes. It provides built-in risk management via stop loss, take profit, trailing st
This MetaTrader 4 repository contains a collection of Expert Advisors and a core module for order management. It includes standard trading strategies based on Moving Average and MACD crossovers. The main module provides logic for calculating open and historical trade metrics, tracking total profit and loss across speci
This MetaTrader 4 expert advisor functions as a technical scanner and trade automation tool. It iterates through multiple currency pairs to evaluate market conditions and sort them according to technical criteria. The system includes logic for automated order preparation, performing real-time risk assessments before ex
Treinamento Mql5 is an educational expert advisor designed for the MetaTrader 5 platform to demonstrate basic algorithmic trading concepts. It provides a framework for integrating technical indicators such as Moving Averages and the Relative Strength Index into a trading script. The EA includes input parameters to togg
This repository contains a collection of MetaTrader 4 expert advisors designed for automated forex trading. The robots implement a loss-recovery mechanism that scales lot sizes based on the cumulative deficit of previous losing trades. Each EA includes adjustable parameters for stop loss and take profit targets to mana
This MetaTrader 4 repository contains a collection of expert advisors utilizing various technical indicators for Forex trading. One included EA uses Keltner Channels and Average True Range to determine market entries and exits. It features configurable risk management, including fixed or percentage-based lot sizing, st
This repository contains a collection of MetaTrader 4 expert advisors and utility functions. The primary component is a multi-symbol dashboard that manages trades using specialized indicators and various exit strategies. It features advanced trade management tools including multiple trailing stop methods such as ATR, B
A MetaTrader 4 expert advisor collection primarily focused on range breakout and BBMA strategies. The breakout EA identifies price ranges within a specific time window, executing trades based on price movement outside these boundaries. It includes risk management features such as stop loss, take profit with step-based
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
This collection for MetaTrader 4 and 5 features the Guangying multi-symbol expert advisor alongside various utility tools and martingale-based robots. The primary system monitors multiple forex pairs and gold from a single chart using Fibonacci-derived logic for trade entries. It includes risk controls such as equity d
RiskGuard Pro is a multi-strategy expert advisor for MetaTrader 5 that combines automated trade execution with comprehensive risk management. It features a voting engine that aggregates signals from indicators like RSI, MACD, and Bollinger Bands. The EA supports various lot-sizing methods, including fixed lots and perc
XSpark is a modular automated trading framework for MetaTrader 5 that prioritizes capital protection and risk management. It includes a collection of distinct Expert Advisors covering various methodologies: a trend-pullback scalper, candle momentum tracking, Smart Money Concepts (SMC), and ICT liquidity models. The sys
This MetaTrader 5 expert advisor utilizes Smart Money Concepts and institutional trading principles to trade Gold and major Forex pairs. It employs a multi-agent confluence scoring system that evaluates market structure, liquidity sweeps, fair value gaps, and EMA trends before entering trades. The system filters entrie
Kaybambodlabfx SMC is a MetaTrader 5 expert advisor that executes trades based on market regime classification and Smart Money Concepts (SMC). The system employs a multi-timeframe approach, scanning structures from the daily chart down to one-minute intervals to establish a master bias. It uses ADX, ATR, and swing poin
This MetaTrader 5 expert advisor utilizes Smart Money Concepts and pure price action to execute trades without traditional technical indicators. By analyzing raw candle data, it identifies market structures, order blocks, and various fair value gaps. The system includes multiple versions, ranging from simple price acti
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
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
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
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
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
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
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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