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
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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 203Trade manager 1Risk & protectionNews tradingCopier & bridgeFramework & template 16Collection 134Utility 6
Strategy
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 repository is an extensive collection of MetaTrader 4 expert advisors and source code components written in MQL4. It includes over 70 files featuring diverse trading strategies such as Sanity TREND for trend following and various robots utilizing divergence-based entries. A significant portion of the code is based
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
DS Fibonacci Trader is a MetaTrader 5 expert advisor that automates trading based on Fibonacci retracement levels. The robot calculates the price range over a specified number of days to determine key levels including 23.6, 38.2, 50.0, 61.8, and 76.4 percent. It provides visual chart objects and manages order execution
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
Copilot is a MetaTrader 4 expert advisor designed to replicate human price action analysis through market structure mapping. The robot identifies swing highs and lows, representing them as a graph of nodes to track trends, impulses, and retracements. It incorporates higher time frame support and resistance levels into
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 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
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 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
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
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 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,
CBMQL is a development framework and build tool for MetaTrader 5 designed to modularize Expert Advisor code. Inspired by modern web development bundlers, it allows developers to break complex trading systems into reusable modules and bundle them into a single portable file. The system includes a Node.js-based environme
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 acts as a modular architectural blueprint for developing complex algorithmic trading systems. It demonstrates a structured framework for separating user interface components, input configurations, and core execution logic into maintainable layers. While the repository provides placehold
Punlie Raging is a grid-based trading robot for MetaTrader 5 that executes orders at fixed point intervals. It includes a trend filter to limit trading to specific market directions, such as only trading in uptrends verified on daily timeframes. For trade management, the advisor features an adjustable trailing stop and
LSF X Engine is a MetaTrader 5 expert advisor designed for momentum-based trading through mathematical price smoothing. It utilizes a Kalman filter to reduce market noise and calculates the Least Squares Fitting slope to identify the prevailing trend direction. The strategy triggers entries during high-velocity price b
LinearFX Trader is an automated expert advisor for MetaTrader 5 that utilizes mathematical linear regression to identify trading opportunities. The robot analyzes historical price data over a configurable lookback period to determine market direction. It includes essential risk management features such as fixed lot siz
MAStoch is a MetaTrader 5 expert advisor that executes trades based on moving average crossovers, with an optional Stochastic oscillator filter for overbought and oversold conditions. It features a dual-stage exit strategy allowing for partial closes at different Fibonacci levels or fixed currency targets. Risk control
This MetaTrader 5 expert advisor implements a trend-following strategy based on Bollinger Bands. It initiates long positions when price breaks above the upper band during periods of high volatility, attempting to ride extended uptrends. The strategy closes or reverses positions when price breaks below the lower band. A
This MetaTrader 4 expert advisor executes trades based on the Moving Average Convergence Divergence (MACD) indicator. Developed as an academic project, the bot filters signals using an Exponential Moving Average to ensure trades follow the established trend. Risk management features include a fixed lot sizing model, a
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
Framework4o is a modular system building framework and expert advisor for MetaTrader 4. It provides a structured environment for developing trading models with pre-defined modules for position and risk management. The core functionality handles entry and exit logic using indicators like DEMA, EMA, and RSI. It includes
Flood MA Lines ML for MetaTrader 5 generates and interprets complex Moving Average trend series to provide data for machine learning and deep learning applications. It uses a mass production algorithm to perform relational trend analysis, measuring trend robustness and identifying price range expectations. The software
This MetaTrader 5 expert advisor implements a trend-following strategy using MACD and EMA indicators. For long entries, it requires a MACD crossover below the zero line and price confirmation above the EMA. It manages risk through ATR-based stop losses and take profits, with a default 1:2 risk-to-reward ratio. Users ca
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 expert advisor automates trading using moving average crossovers. It generates buy and sell signals based on user-defined periods and shift parameters. The EA includes a risk management module that calculates lot sizes dynamically based on free margin and a maximum risk percentage. It features a reduc
This MetaTrader 5 expert advisor implements a trend-following strategy based on moving average crossovers. It utilizes a fast Exponential Moving Average and a slow Exponential Moving Average for entry signals, with a longer-period Simple Moving Average acting as a trend filter. The robot includes an optional RSI filter
This automated trading robot for MetaTrader 5 utilizes the Ichimoku Kinko Hyo indicator to execute trades. It features customizable periods for the Tenkan-sen, Kijun-sen, and Senkou Span B components. Risk management is handled through fixed pips-based stop loss and take profit orders, supplemented by a trailing stop a
This repository contains a collection of MetaTrader 5 expert advisor files designed for educational and tutorial purposes. It includes various scripts covering fundamental MQL5 programming concepts such as array manipulation, mathematical functions, and position management. Specific examples demonstrate basic entry log
This repository is a collection of MetaTrader 4 projects including expert advisors, libraries, and utilities. The featured Tri-Arbitrage EA executes an experimental strategy by monitoring price discrepancies between currency triplets like EURUSD and EURGBP. It calculates an implied price and enters trades when market i
This repository is a collection of various MetaTrader 5 expert advisors generated through the Mission Automate tool. It contains over 100 separate files covering a wide array of technical strategies, including range breakouts, trend-following systems, and indicator crossovers using Ichimoku, CCI, and Heiken Ashi. Sever
FaSt is an automated trading robot for MetaTrader 4 that determines entries based on price extremes and trend direction indicators. The system employs Average True Range (ATR) to calculate dynamic stop loss and take profit levels, ensuring volatility-adjusted risk control. It includes multiple signal filters, trailing
This MetaTrader 5 expert advisor automates the placement of buy market and buy stop orders. When no positions are active, the robot enters the market and sets a pending buy stop order based on configurable distance parameters. It features a continuous trailing stop mechanism that tracks price movements without a minimu
This MetaTrader 5 expert advisor serves as a base model or template for trend-following strategies. It utilizes three distinct moving averages—fast, medium, and slow—to identify market direction and potential entry points. The system includes built-in risk management parameters for fixed lot sizing, stop loss, and take
This MetaTrader 5 framework provides a modular library for technical analysis, including candle pattern detection, support and resistance levels, and Fibonacci calculations. The repository includes an expert advisor that implements ZigZag-based wave analysis to identify market structure and chart patterns. It features
This MetaTrader 5 expert advisor identifies and trades the 212 candlestick pattern. It combines price action analysis with technical indicators, specifically using the Average Directional Index and a Moving Average for trend confirmation. The system manages risk through fixed stop loss and take profit levels, including
This MetaTrader 4 expert advisor utilizes technical indicators to execute trades based on trend and momentum. The logic employs two simple moving averages (15 and 50 periods) alongside the Relative Strength Index to identify entries. It seeks buy or sell opportunities when moving averages crossover, provided the RSI co
EA 5120 is a MetaTrader 4 robot that executes trades based on a trend-following system using several exponential moving averages. The strategy utilizes multiple EMA periods, such as 5, 13, 25, and 120, to determine market momentum and generate signals. Trade management includes options for fixed or dynamically calculat
This MetaTrader 4 expert advisor automates trading based on the crossover of two Simple Moving Averages. The robot enters a buy position when the short-term moving average crosses above the long-term moving average and a sell position when it crosses below. It manages exits by monitoring for reverse signals to close ac
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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