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
Synced with GitHub · updated hourly
Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Strategy
This MetaTrader 5 expert advisor is designed for high-impact news trading on the forex market. It uses a straddle strategy, placing buy stop and sell stop pending orders at specific pre-set times before news releases. The EA supports multiple layered entries, often referred to as barcode entries, at fixed pip distances
This educational expert advisor for MetaTrader 4 and 5 demonstrates a logic for scaling into winning positions. It utilizes a simple moving average crossover strategy for initial trade entries. The primary feature is a function that detects when a current position has reached a specific profit target to trigger additio
This MetaTrader 5 expert advisor executes a counter-trend strategy utilizing Bollinger Bands and the Slow Stochastic oscillator. Developed as part of academic research into deep learning and technical analysis, the robot incorporates Heiken Ashi filtering to identify market extensions and doji candles. It manages risk
Harey is a MetaTrader 4 expert advisor designed to trade mean-reversion setups using a combination of the Relative Strength Index (RSI) and Stochastic indicators. The system triggers trades when both indicators reach their respective overbought or oversold zones simultaneously. It manages risk through user-defined stop
This MetaTrader 4 expert advisor executes trades repeatedly at a user-defined price level. The robot monitors price action and opens a buy or sell position when the market reaches the specified entry price. Once a trade is closed via the designated take profit target, the EA resets and prepares to re-enter the market a
This AI-driven trading assistant integrates Large Language Models like OpenAI and DeepSeek into the MetaTrader 5 platform. It functions as an interactive chat-based assistant and robot, capable of opening, closing, and modifying positions based on natural language prompts. The system can fetch real-time market data, ca
This MetaTrader 5 expert advisor executes a grid trading strategy enhanced with martingale lot scaling. The system identifies market direction through multi-timeframe analysis using Exponential Moving Averages and the Average Directional Index. It features dynamic grid spacing that adjusts based on market volatility an
Autumn Harvest is a multi-strategy MetaTrader 5 expert advisor incorporating technical patterns such as RSI reversals, peak reversals, and the ignored bar strategy. It functions as both an automated trading robot and a position manager, allowing it to maintain external trades or its own. The EA includes risk controls l
High Frequency Grid EA is an automated trading robot for MetaTrader 5 that implements a mean-reversion strategy through a grid of pending orders. It places buy and sell stop orders at calculated distances, using dynamic spread monitoring to ensure execution only during favorable conditions. The EA includes a trailing s
This MetaTrader 5 expert advisor automates trading for XAUUSD using Smart Money Concepts. It implements a multi-timeframe approach, analyzing the H1 for bias, M15 for structure, and M5 for execution. The strategy enters positions based on order blocks, fair value gaps, and liquidity grabs. Risk controls include percent
This MetaTrader 5 expert advisor integrates machine learning into forex trading by establishing a socket connection between the terminal and a local server. The system consists of a data scraper to collect market history and a trading agent that executes orders based on external model predictions. It handles entries us
Collinator is a MetaTrader 4 expert advisor specifically designed for trading US30 during the New York market open. It initiates trades based on the 8:30 AM candle trend or moving average crossovers. The robot features comprehensive exit management, including four stages of partial profit taking and a break-even stop l
Three Bar Play EA is a MetaTrader 4 robot designed for scalping based on three-bar price action patterns, specifically confirmations and reversals. The system manages risk by limiting execution to three trades per day and calculating position sizes based on a 2% account balance risk model. Upon identifying a setup, it
This Expert Advisor for MetaTrader 4 utilizes automated trading logic reportedly assisted by AI models like GPT-4o and ATNet. It executes trades based on market analysis and includes built-in risk controls such as dynamic lot sizing, trailing stops, and a time filter to restrict activity to specific hours. The system a
This MetaTrader 5 expert advisor is a modular trading system designed for XAUUSD scalping. It utilizes a multi-engine architecture to separate market analysis, risk management, and execution logic. The robot generates entry signals based on technical indicators across multiple timeframes, requiring a minimum confidence
Amin Multi Strategy Bot is an automated trading system for MetaTrader 5 designed for the forex market. It uses a multi-timeframe approach that integrates technical analysis, candlestick pattern recognition, and price level detection. The expert advisor is constructed with modular components, including a signal manager,
HFT Arbitrage EA is a latency arbitrage system designed for MetaTrader 4 and MetaTrader 5. It operates by comparing price feeds between a fast data source and a slower broker terminal to exploit execution lags. The system utilizes a socket library for real-time communication between server and client components. Risk m
This MetaTrader 5 expert advisor implements an automated trend-following system based on the combination of Average True Range and Moving Average indicators. Built using the modular EA31337 framework, it identifies market direction and volatility to determine trade entries. The robot supports concurrent analysis across
Athena is a MetaTrader 5 expert advisor designed for intraday trading based on session range breakouts. The robot monitors price action during a specific user-defined time window to establish daily high and low boundaries. Once this window closes, it executes buy or sell orders when the current price breaches these lev
This Expert Advisor for MetaTrader 5 implements a breakout strategy centered on a user-defined time range. It calculates the high and low prices within a specific session to place multiple pending orders at a set distance from the range boundaries. The system utilizes three separate take-profit targets for each directi
This expert advisor for MetaTrader 5 combines moving average crossovers with Relative Strength Index (RSI) levels to identify entry points. It initiates buy orders when the RSI indicates oversold conditions and a fast exponential moving average crosses above a slow exponential moving average. Conversely, it opens sell
This MetaTrader 5 expert advisor executes a mean reversion strategy based on price deviation from a Simple Moving Average. It enters short positions when prices rise above the average and long positions when prices fall below. The algorithm utilizes an aggressive grid-based recovery system where both the entry distance
Icarus is an automated trading system for MetaTrader 4 that employs a grid strategy with Martingale lot scaling. It utilizes Bollinger Bands and the Stochastic Oscillator to identify entry points, offering a conjunctive mode for filtered execution. The EA manages risk through maximum position limits, equity warning thr
SrB MM Robot is a MetaTrader 5 expert advisor that automates the Highs and Lows trading strategy on the Brazilian Bovespa mini index. The logic focuses on market volatility rather than trend direction, executing trades based on the price extremes of preceding candles. It enters positions at the low of the previous bar
This MetaTrader 5 expert advisor provides a framework for testing and executing indicator-based strategies, specifically those aligned with the No Nonsense Forex methodology. It allows users to define a baseline and a secondary confirmation indicator through external inputs. Trade management includes automated ATR-base
Opening Reversal MT5 is an automated trading system for MetaTrader 5 that executes trades based on price action relative to the previous day's opening level. The strategy monitors candle sentiment and triggers orders when the current price breaks through the prior day's opening price in the opposite direction of the pr
Belinda EA is an automated trading robot for MetaTrader 4 that implements a trend-following strategy based on moving average crossovers. It enters long or short positions when a short-term simple moving average crosses a long-term moving average, provided a volatility filter is met. This filter compares the current Ave
Desiree is an automated trading robot for MetaTrader 4 that utilizes Donchian Channel breakouts for trade execution. The system enters positions based on a specific lookback period and exits using a separate exit period. A notable logic constraint prevents the EA from entering a new trade if the preceding trade resulte
This MetaTrader 4 expert advisor implements a flexible strategy based on the directional consensus of multiple technical indicators. It allows users to combine Moving Averages, Stochastic Oscillators, THV3 T3, Babon Slope, and AMA Optimized modules. A trade is initiated only when all selected indicators align in the sa
This Expert Advisor for MetaTrader 5 automates a pure price-action strategy primarily designed for gold on the five-minute timeframe. It identifies market trends using swing point structures like higher highs and lower lows without lagging indicators. The EA creates supply and demand zones from engulfing candle pattern
Snipe FX Pro is a MetaTrader 5 expert advisor designed for high-frequency tick scalping, primarily pre-configured for XAUUSD. It utilizes a virtual stealth execution system to manage entries and exits without placing hard stops on the broker's server until necessary. The EA enters trades based on price breakouts or pul
This expert advisor for MetaTrader 5 implements a pure price action strategy focused on Gold (XAUUSD) on the five-minute timeframe. It identifies market trends through swing-point structure analysis and marks supply and demand zones based on engulfing candlestick patterns. Trades are triggered only when price retests a
This MetaTrader 5 expert advisor executes a breakout strategy based on specific three-day candlestick patterns. It identifies sequences of 'Up' or 'Down' days to trigger pending orders above or below the previous day's range. The EA manages entries using Buy Stop and Sell Stop orders with a configurable liquidity dista
HLT is an automated trading robot for MetaTrader 5 that focuses on market structure and swing analysis across multiple timeframes from M1 to H4. The expert advisor synchronizes with New York time and identifies setups based on price swings and daily trading plans. It includes a fixed risk money management module and sp
This MetaTrader 5 expert advisor focuses on XAUUSD using a multi-timeframe scalping approach based on Smart Money Concepts. It identifies institutional market structures by analyzing H4 trends, H1 supply and demand zones, and M5 entries. The logic incorporates order block detection, Fair Value Gaps (FVG), and liquidity
MarketSync EA is an experimental MetaTrader 5 expert advisor designed to bridge algorithmic trading with external artificial intelligence. It functions by streaming real-time market and account data from the MT5 terminal to a local Node.js backend via HTTP requests. The external server processes this information using
This expert advisor is designed for automated gold trading on the MetaTrader 5 platform, specifically targeting the 5-minute timeframe. It employs a scalping strategy with integrated filters for spread and volatility to qualify entries. The system includes various risk controls such as drawdown gates, weekly trading li
Enamel is a trend-pullback expert advisor for MetaTrader 5 specifically configured for USD currency pairs. The robot identifies entries using a combination of exponential moving averages, RSI, MACD, and ADX indicators, requiring confirmation from candle body size relative to volatility. It includes a higher timeframe t
This MetaTrader 5 expert advisor implements Smart Money Concepts and the ICT Silver Bullet strategy, specifically optimized for XAUUSD. It executes trades on the M15 timeframe after confirming trend alignment on H4, H1, and M30 charts using exponential moving averages. The robot evaluates trade setups based on fair val
This MetaTrader 5 expert advisor uses complex mathematical modeling to predict future price movements through a combination of sinusoidal analysis, Fast Fourier Transform, and Monte Carlo simulations. It evaluates cyclical trends, fractal structures, and non-linear volatility via sigmoidal functions to generate buy and
This MetaTrader 5 expert advisor implements a trend-following strategy based on the SuperTrend indicator. Built using the EA31337 framework, it supports multi-timeframe analysis through a configurable bitmask parameter. The EA enters trades based on indicator signal reversals and manages operations across various chart
This MetaTrader 5 expert advisor provides a versatile framework for trading based on Heiken Ashi price action. It allows users to toggle between numerous built-in strategies, including trend following, moving average crossovers, Fibonacci levels, and various oscillators like RSI and MACD. The system includes an option
This grid trading robot for MetaTrader 5 automates the placement of multiple limit orders within a user-defined price range. It populates the market with a configurable number of buy and sell limit orders between specified high and low boundaries. The expert advisor includes risk management features such as individual
This MetaTrader 5 expert advisor provides a basic implementation of the Martingale strategy for forex markets. It initiates trades using a base lot size and applies a multiplier after losses to recoup previous deficits, utilizing fixed stop loss and take profit levels for exit management. The logic is extremely minimal
This expert advisor for MetaTrader 4 implements a mean reversion strategy primarily targeted at the GBPUSD pair. It automates trade execution by identifying price patterns and entering positions with predefined risk parameters. The bot manages exits through a hard stop loss, a target take profit based on a user-defined
This MetaTrader 5 expert advisor automates trading decisions by combining moving average crossovers with volume and momentum filters. It enters buy positions when a fast moving average crosses above a slow one, provided volume is increasing and the Relative Strength Index indicates the market is not overbought. For ris
This MetaTrader 5 expert advisor utilizes a multicurrency strength system to identify trading opportunities by comparing relative currency values. It calculates strength based on a configurable lookback period, typically using H4 data, and includes triangular weighting and smoothing options. The robot manages exits usi
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