This expert advisor for MetaTrader 4 automates trading using five Exponential Moving Average periods to determine market direction. The developer notes an integration between C# and MQL4 for its operation. It manages trades with fixed stop loss and take profit parameters, ensuring each position has defined risk boundar
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
Strategy
This MetaTrader expert advisor implements a classic moving average crossover strategy for both MT4 and MT5. It enters trades when a fast moving average crosses a slow moving average, requiring a user-defined minimum point difference to confirm the signal. The robot includes risk management features such as stop loss, t
This visual trade management utility for MetaTrader 5 assists manual traders with order execution and risk management. It features interactive chart lines for entry, stop loss, and take profit levels, allowing for drag-and-drop price adjustments. The system automatically calculates position sizes based on a defined per
This expert advisor establishes a bidirectional TCP communication bridge between MetaTrader 5 and a Python-based server. It functions as a client that transmits real-time symbol data and bid prices to an external environment on every price change. The implementation utilizes the Windows Ws2_32 library and a dedicated s
This expert advisor is a utility for MetaTrader 4 and MetaTrader 5 designed to manage stop-loss levels for existing trades. It utilizes Bill Williams' Fractals indicator to dynamically adjust the stop loss as new fractal points form on the chart. Users can configure the number of bars to scan and specify which fractal
Ubot is an automated trading system for MetaTrader 4 that utilizes the Traders Dynamic Index (TDI) indicator to execute market entries. It identifies specific technical patterns described as sharkfin and squeeze setups to determine trend direction and volatility. The expert advisor features advanced trade management to
This repository contains a collection of MetaTrader 5 expert advisors based on popular technical indicators. The primary EA uses the Relative Strength Index to identify overbought and oversold conditions for trade entry. It manages risk through fixed stop loss and take profit settings, alongside a maximum position limi
RSI EA is a MetaTrader 5 robot designed to execute trades based on the Relative Strength Index indicator. It functions as a template for mean-reversion strategies, triggering entries when the indicator crosses specific overbought and oversold thresholds. The expert advisor features comprehensive risk controls, includin
This repository contains a collection of MetaTrader 4 expert advisors developed for MQL4 programming tutorials. It includes various trading strategies ranging from simple moving average crossovers to complex martingale and grid systems. The provided examples demonstrate order layering with configurable lot multipliers,
MultiTrader is a multi-currency expert advisor for MetaTrader 4 and MetaTrader 5 that executes trades across multiple forex instruments concurrently. It uses a modular system of filters to generate entry and exit signals based on various technical indicators. The EA manages risk through fixed or trailing stop losses, b
This MetaTrader 4 expert advisor implements a classic moving average crossover strategy to automate trade entries. The robot monitors two user-defined simple moving averages of different periods. It enters a trade when the faster moving average crosses above or below the slower moving average on a new bar. Risk managem
This repository is a large collection of MetaTrader 5 expert advisors and indicators compiled for educational and research purposes. The library features various experimental scripts, with a notable focus on advanced machine learning methodologies including neural networks, reinforcement learning, and unsupervised algo
This MetaTrader 5 expert advisor functions as a bridge, transforming the trading terminal into a REST API server for external algorithmic systems. It allows developers to execute trades, manage open positions, and retrieve historical candlestick data or account information using standard HTTP requests. The tool support
This MetaTrader 5 expert advisor synchronizes trading activity between multiple terminal instances using a local file-based communication method. It features a dual-mode system where a master account writes current position data, including symbols, volumes, and price levels, to a binary file. Slave accounts monitor thi
This MetaTrader 4 expert advisor facilitates automated trading based on asset correlations across various markets. It identifies opportunities within a predefined list of symbols, including forex pairs, cryptocurrencies, gold, and equity indices. The EA manages entries based on the relationship between these instrument
This repository provides a complete environment to run MetaTrader 5 within a Docker container on Ubuntu, accessible through VNC. It includes a collection of expert advisors such as a 3D Correlation Matrix and standard technical strategy examples including MACD and Moving Average. A primary feature is the ZeroMQ expert
This collection provides educational templates for building MetaTrader 5 Expert Advisors. It includes demonstration robots that interface with indicators like MACD and Parabolic SAR using the iCustom function. The repository serves as a learning resource for structuring MQL5 code and handling trade execution. Each exam
This MetaTrader 5 utility exports technical indicator data for various currency pairs to external formats. It processes values from several indicators, including the Relative Strength Index (RSI), multiple exponential and simple moving averages with customizable periods, and Ichimoku Kinko Hyo components. The tool is d
This MetaTrader 4 expert advisor functions as a communication interface between the terminal and an external Python-based reinforcement learning model. It utilizes deep Q-learning to determine trading actions at every price tick, passing market data through local files to the external script. The system implements a ma
This MetaTrader 4 expert advisor provides a foundational framework for developers to create custom automated trading systems. It establishes a structured environment for handling trade signals, entry execution, and exit management. The template includes standard risk parameters such as fixed lot sizing, stop loss, and
PATI Trading Assistant is a MetaTrader 4 utility designed to facilitate trade management and bookkeeping based on the PATI trading methodology. It automates the placement of stop losses and take profits, specifically managing range breakout and pullback setups. The EA includes risk controls such as the Two Minute Rule
This repository contains a collection of over sixty experimental expert advisors for the MetaTrader 4 platform. The core functionality revolves around the Model Maker series, which uses statistical iterations to generate and test trading logic based on various input types and comparers. The system evaluates potential s
This MetaTrader 5 expert advisor executes trades based on a combination of MACD signal levels and exponential moving average crossovers. It utilizes a 20-period and 6-period EMA to determine trend direction before initiating positions at specific MACD pip thresholds. The system employs a unique risk management approach
This MetaTrader 5 expert advisor implements a machine learning approach using a Decision Tree model to execute trades. It functions as a bridge between MetaTrader and a local Python-based server using sockets. The system utilizes MACD, RSI, and Exponential Moving Average indicators as primary data features for the neur
This MetaTrader 4 repository contains a collection of expert advisors, primarily featuring the Chaos Theory EA. This robot combines several trading methodologies including Bill Williams' Chaos Theory, Trading Made Simple, and THV3 to trade multiple currency pairs simultaneously. It utilizes technical filters such as Su
This expert advisor acts as a trade manager for MetaTrader 4 and 5, focusing on automated stop-loss adjustments. It uses the Supertrend indicator to dynamically calculate and move the stop-loss level for existing positions. Users can filter which trades are managed based on symbol, magic number, trade type, or comments
This MetaTrader 5 tool establishes a local socket server to facilitate communication between the trading platform and external Python applications. It uses a millisecond timer to monitor for incoming client connections and process received string commands. The utility acts as a bridge, allowing external scripts to inte
Punlie Grid is a MetaTrader 5 expert advisor that executes a grid trading strategy tailored for gold, crude oil, and cryptocurrencies. It places orders at fixed point intervals and features a trend-following filter that uses daily timeframe data to align trades with the prevailing market direction. Risk controls includ
MyRandom is a proof-of-concept expert advisor for MetaTrader 4 and 5 that executes trades in random directions. Developed for educational purposes and backtesting research, the robot enters a position after a user-defined number of bars have passed. It includes standard risk management controls such as fixed lot sizing
This Expert Advisor for MetaTrader 5 implements a martingale trading strategy triggered by the Relative Strength Index (RSI). It opens an initial position when RSI reaches overbought or oversold thresholds. If price continues to move against the initial trade, the EA layers additional orders at set point intervals, mul
This repository contains a collection of MetaTrader 5 expert advisors designed for automated trading based on classic candlestick patterns. Each robot focuses on specific price action formations like Morning Star, Harami, or Engulfing candles, using oscillators such as Stochastic, RSI, CCI, or MFI for entry filtering.
Timed Order is a utility expert advisor that schedules market or pending orders to be executed at a specific time. It supports one-time execution or daily recurring trades on specified days of the week. The EA allows setting stop-loss and take-profit levels using fixed prices, point distances, ATR multipliers, or sprea
The Falcon is a MetaTrader 4 expert advisor designed for automated trading using a combination of moving averages and Keltner Channels. It utilizes trend-following logic for entries and incorporates advanced position sizing features, including percentage-based risk, adaptive volatility sizing, and margin-per-lot constr
MT Live is a data streaming bridge for MetaTrader 5 that transmits real-time account information and trade data to the metatrader.live web service. It allows users to monitor their terminal activity remotely via a web browser, REST API, or WebSockets. The EA transmits details such as balance, equity, margin, and open p
This expert advisor for MetaTrader 5 automates trade entries using a combination of Relative Strength Index (RSI), Money Flow Index (MFI), and multiple Moving Average periods. It identifies potential entry points based on overbought and oversold thresholds, specifically looking for RSI values below 30 or MFI values bel
This collection of MetaTrader 4 expert advisors focuses on technical analysis strategies such as moving average crossovers and chart patterns. The primary EA utilizes dual moving averages alongside fractal detection to identify entry points based on price momentum. It incorporates risk management tools including hard s
This MetaTrader 4 expert advisor implements a reversal and trend-following strategy based on SOMAT3 and IRC Triplets indicators. It evaluates price action across consecutive bars to identify entries and offers an optional trend filter for signal validation. The system manages risk using fixed lot sizing, initial stop l
This expert advisor functions as a bridge that transforms a MetaTrader 4 terminal into an HTTP REST server. It enables external applications to communicate with the trading platform using HTTP requests via a defined host and port. The tool manages command processing through a millisecond timer and includes an IP-based
This expert advisor functions as a communication bridge between MetaTrader 4 and external software using the ZeroMQ messaging protocol. It enables a Python client to interact with the trading platform through a local server implementation on the MT4 terminal. The EA manages PUSH and PULL sockets to facilitate the excha
This Expert Advisor serves as a communication interface between MetaTrader 5 and external applications via the ZeroMQ messaging protocol. It establishes a TCP server using a REP socket to listen for incoming data and trading commands from external environments like Python. The EA runs on a high-frequency millisecond ti
Mayordomo is a management expert advisor for MetaTrader 4 that facilitates account monitoring and remote trade intervention via Telegram. It periodically transmits balance, equity, and open position data to a designated Telegram channel. Beyond reporting, it acts as a controller, allowing users to close all active trad
This tool provides an interface between MetaTrader 4 or 5 and an external AI-powered analysis server. It allows users to request market evaluations from over thirty-four different AI models through a custom Node.js API bridge. The provided example expert advisor visualizes analysis results—including market trend, trade
This MetaTrader 5 expert advisor acts as a manual trading assistant and management tool rather than an automated strategy. It provides a graphical interface for executing market, limit, and stop orders with integrated risk management. The panel automatically calculates lot sizes based on account percentage or fixed mon
This repository serves as a collection of MetaTrader 4 tools and indicators, with its main script being a multi-pair trading dashboard. The dashboard operates as an on-chart utility, enabling users to execute manual buy, sell, and close orders across multiple instruments simultaneously using clickable buttons. It manag
This MetaTrader 4 expert advisor acts as a bridge between Discord and the trading platform. It monitors specific text files in a local directory to receive commands and execute limit orders automatically. The bot utilizes Windows system calls via kernel32.dll for low-level file operations to synchronize with an externa
Zeus is an expert advisor for MetaTrader 5 that employs a neural network to forecast future price targets. It analyzes historical price action by identifying relative highs and lows to generate inputs for its prediction model. The EA executes market orders when the model predicts a price move, automatically setting sto
News Stopper is a utility for MetaTrader 4 designed to manage trade exposure and platform activity around scheduled economic events. It fetches data from external news calendars to automatically disable the automated trading button, close open positions, or delete pending orders. The tool allows users to set specific t
Robot MA RSI is an automated trading expert advisor for MetaTrader 5 that employs a combination of exponential moving average crossovers and the Relative Strength Index. Users can choose between three entry strategies: moving average signals, RSI levels, or a combined approach requiring both conditions. The system mana
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