This MetaTrader 5 expert advisor implements a triangular arbitrage strategy targeting price discrepancies between BTC/USD, ETH/USD, and BTC/ETH. It monitors both forward and reverse conversion paths to execute trades when a theoretical profit threshold is met. The EA features risk management tools including minimum pro
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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
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
AlgoMaster NNFX is an algorithm development and testing system for MetaTrader 4 and 5, built specifically to implement the No Nonsense Forex (NNFX) trading methodology. It enables users to test trading logic across 28 major forex pairs while managing complex factors like currency exposure, news events, and market volat
This MetaTrader 5 expert advisor automates trading based on Smart Money Concepts and Order Block identification. It analyzes price action across multiple timeframes, utilizing higher timeframe data for trend context and lower timeframes for entries. The system includes trade management tools such as break-even triggers
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 MetaTrader 5 framework provides a modular structure for developing and deploying automated strategies, specifically optimized for the Mini Índice Bovespa. It includes an example implementation of the Dunnigan setup, utilizing candle sequences and price levels for entries. The system manages trades with advanced co
Advanced Multi Currency Scalper is a MetaTrader 5 robot designed to monitor and trade multiple forex pairs simultaneously from a single instance. The strategy is based on Bollinger Bands, using period and deviation settings to identify potential entry points. Each currency pair is managed independently with its own set
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
This collection of MetaTrader 5 expert advisors focuses on order flow, microstructure, and scalping strategies. It includes tools for cumulative delta scalping, swing pivot fading, and bridging external signals from TradingView via file monitoring. The suite features robust risk controls such as daily loss and profit l
This automated expert advisor for MetaTrader 5 implements institutional Smart Money Concepts using a multi-timeframe approach. It synchronizes analysis across three timeframes to identify trend direction, premium or discount zones, and market structure shifts. The robot executes trades based on liquidity sweeps and Fib
This MetaTrader 5 Expert Advisor implements a neural network-based trading strategy using the ONNX format for model deployment. It bridges a Python-trained machine learning model with the MQL5 platform to automate trade execution based on price change predictions. The system includes integrated risk management controls
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 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
This educational expert advisor for MetaTrader 5 serves as a study tool for algorithmic trading. It executes a simple moving average crossover strategy, comparing fast and slow exponential moving averages on a five-minute timeframe. The system includes entry filters like a maximum spread threshold and a new-bar executi
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 MetaTrader 5 expert advisor collection provides multiple variants for scalping gold on the one-minute timeframe. It utilizes a combination of Stochastic Oscillator crossovers and linear regression analysis to identify trend quality and entry points. Trade management is handled through ATR-based dynamic stop loss a
Code To Cash is an end-to-end algorithmic trading system for MetaTrader 5 that combines deep learning forecasts with technical breakout logic. It utilizes a ZeroMQ bridge to receive real-time market predictions from an external Python backend. The system enters trades using BuyStop or SellStop orders at recent price ex
This repository is a substantial collection of nearly five hundred Expert Advisors for the MetaTrader 5 platform. The library includes various automated strategies such as divergence detection using RSI and MACD, moving average crossovers, and zone recovery systems. It features a mix of trading robots, indicator-based
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
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
This MetaTrader 5 collection features several expert advisors and utility tools based on various technical analysis methods. The primary strategy uses Ichimoku Kinko Hyo components, specifically Tenkan-sen, Kijun-sen, and Senkou Span B, to identify trend-based entries. Additional bots in the repository utilize moving a
Neural Network Tester Improved is a MetaTrader 5 expert advisor designed as a framework for integrating machine learning models into automated trading. The repository includes a main tester file that references an external neural network library. Currently, the source code provides a basic structure for initialization
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
Aurum79 is a connectivity bridge that links MetaTrader 5 to external JavaScript environments via a local socket server. The expert advisor transmits live price ticks and historical candle data to a Node.js client, which can then process the information using external libraries such as TensorFlow.js. It receives and exe
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
This MetaTrader 5 tool records real-time tick data directly into an external MySQL database. It utilizes the libmysql library to establish a direct connection, requiring DLL execution to be enabled within the terminal. The expert can monitor a specific list of symbols provided in the settings or automatically collect d
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
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 collection of MetaTrader 5 expert advisors serves as an educational resource for MQL5 programming. It contains multiple example robots utilizing technical indicators such as Moving Averages, Parabolic SAR, CCI, and Stochastic oscillators. The provided scripts demonstrate fundamental trading automation features inc
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
This MetaTrader 5 collection features several versions of the classic Moving Average expert advisor, modified specifically for trading on custom symbols. It includes helper functions to ensure data readiness for synthetic instruments or imported data series. The included strategies execute trades based on moving averag
Aninditha EA is a modular framework for MetaTrader 5 focused on automated forex trading, market analysis, and trade management. Developed for the North Sulawesi community, the codebase organizes its functionality through external include files for analysis, execution, and management logic. The provided repository is in
MT5 Quant Lib is an MQL5 development framework and an included trend-following Expert Advisor for MetaTrader 5. It provides a modular infrastructure for trade execution, multi-symbol management, and risk control. The included strategy enters trades based on RSI triggers and CCI trend confirmation, utilizing trendline a
This repository contains a collection of MetaTrader 5 expert advisors, primarily featuring the Signal Poller EA series alongside standard indicator-based robots. The system is designed for high-leverage environments, specifically targeting gold, bitcoin, forex, and indices. It utilizes an external signal push architect
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 news management utility for MetaTrader 5 protects accounts during high-impact economic events by monitoring the ForexFactory calendar. It automatically disables algorithmic trading and manages open positions according to pre-defined schedules before and after news releases. The tool can close active trades, delete
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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