Long Tail Scalper is a MetaTrader 5 expert advisor designed for trend-following strategies with a focus on surviving ranging markets. It implements a fixed reward-to-risk ratio and a dynamic grid-based system to manage position entries and exits. The robot utilizes a progressive lot sizing sequence to recover during ma
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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 87Trade manager 1Risk & protectionNews tradingCopier & bridge 1Framework & template 4Collection 90Utility 2
Strategy
This MetaTrader expert advisor implements a grid-based buying strategy specifically designed for USDJPY. It places buy orders at fixed pip intervals below a specified base price, accumulating positions as the market moves lower. The robot manages a basket of trades and exits all positions simultaneously once the combin
Trend EA is a collection of MetaTrader 5 expert advisors providing various automated trading strategies, including grid, martingale, and trend-following systems. The repository features implementations of the Turtle trading method, Donchian Channel breakouts, and moving average crossovers. Each expert advisor allows fo
This repository features a collection of MetaTrader 5 expert advisors, with a primary focus on a multi-currency ring trading system. The flagship EA executes trades across several currency pairs simultaneously, utilizing triangular hedging logic to manage exposure. It incorporates various lot management modes including
MQL5 Bolugi is an automated trading expert for MetaTrader 5 that utilizes Bollinger Bands and the Relative Strength Index to identify overbought and oversold conditions. It features a tiered entry system referred to as complementary and mediation modes, which allows the robot to scale into positions based on price dist
This repository features a collection of expert advisors for MetaTrader 5, primarily focused on the Blessing 3 grid strategy. The system enters trades based on market conditions and manages them using a grid with martingale lot multipliers. Risk controls include maximum drawdown percentages, equity-based trading stops,
This repository provides a collection of MetaTrader 5 expert advisors and a modular framework for developing multi-symbol trading systems. The core logic utilizes a timer-based scanner to process signals across various instruments and timeframes simultaneously. Risk management features include hidden take profit and st
Ajip 3 EA is a MetaTrader 5 robot designed to trade trends identified by a 200-period Simple Moving Average. It monitors price action across two timeframes, typically using M15 for trend identification and M1 for execution. The strategy involves opening multiple layers of positions based on candle breaks, categorized i
This MetaTrader 5 repository contains a diverse collection of expert advisors and technical indicators, with a primary focus on signal-based trading bots. The featured CCI Four Arrows Strategy uses the Commodity Channel Index to identify entry points based on specific level breaches. It includes risk management feature
C-Trade Manager for MetaTrader 5 is a comprehensive Expert Advisor that provides a graphical user interface for manual trade execution and automated strategy management. It allows users to open and close orders via on-screen buttons or keyboard hotkeys. The EA includes an automation module that executes trades based on
Zone Entry is a MetaTrader 5 expert advisor that automates the placement of multiple limit orders within a calculated price zone, a technique described as chumming. It utilizes the Average True Range on the H1 timeframe to determine the spacing and breadth of entries based on manual price inputs. The EA manages open po
This collection of MetaTrader 5 expert advisors provides several distinct trading strategies, including trend following, grid systems, and dollar-cost averaging (DCA). The repository contains multiple specialized files for various instruments like EURUSD and BTCUSD. Traders can configure grid spacing, order volume, and
The Forever Free EA is a MetaTrader 5 trading robot designed for forex and indices. It employs a grid strategy that can be configured with martingale or fixed lot increments. The system utilizes dual magic number engines to manage separate trade streams and includes a trend mode to align entries with market direction.
This repository provides a version-controlled environment for MetaTrader 5, specifically designed as a base for Docker images and CI/CD pipelines. It archives weekly MetaQuotes releases to ensure development consistency. The collection includes a variety of automated robots that trade based on candlestick patterns, suc
This repository contains a collection of MetaTrader 5 expert advisors and scripts designed for learning and development. The included tools range from data visualization utilities like tick density heatmaps to trading strategies involving Bollinger Bands, Envelopes, and grid systems. It features management scripts for
This MetaTrader 5 expert advisor implements a linear gradient trading strategy, which typically involves layering orders or partial exits at fixed point intervals. It utilizes Bollinger Bands as a primary technical indicator for entry signals and supports buy-only, sell-only, or bidirectional trading modes. The robot i
Tip Top AI is a price action robot for MetaTrader 4 and MetaTrader 5 that uses a proprietary candle tail length algorithm to identify market entries. The strategy calculates the average size of historical bars and monitors current candles for specific wick-to-body ratios. It enters trades when wicks exceed the body siz
This MetaTrader 5 expert advisor serves as a template for multi-pair trading systems using a dual Moving Average crossover strategy. It is designed to execute trades across multiple symbols from a single chart based on a user-defined list of currency pairs. The EA includes risk management tools such as a trailing stop,
This collection for MetaTrader 5 provides several automated trading robots, primarily focusing on the Trailing Break Even Parcial expert advisor. This specific strategy utilizes a combination of three Moving Averages and Ichimoku Kinko Hyo parameters to execute trades. The software includes robust trade management modu
AriZone Grid Bot is an expert advisor for MetaTrader 5 designed to execute grid-based trading strategies. The robot operates within a user-defined price range, allowing traders to set specific upper and lower boundaries. Users can configure the number of grid levels and choose between arithmetic or geometric spacing mo
MintyGrid is an automated trading robot for MetaTrader 5 that employs a grid-based strategy without relying on technical indicators or market averages. It enters positions immediately and manages losing trades by layering additional orders at specific intervals. The expert advisor utilizes martingale and reverse-martin
This repository contains a diverse collection of MetaTrader 5 expert advisors and technical utilities. It features a three-dimensional correlation matrix visualizer for analyzing price relationships across multiple currency pairs simultaneously. The collection includes various automated trading robots based on technica
This repository contains a collection of MetaTrader 5 expert advisors developed for strategy experimentation and technical analysis. The robots utilize various technical indicators, including Moving Averages, MACD, Parabolic SAR, and RSI for trade entries. Risk management is handled through configurable stop loss and t
Forex Trading Robot is a collection of MetaTrader 5 expert advisors that implement various technical strategies, including trend-following and hedging approaches. The core logic utilizes Exponential Moving Averages and the Average True Range indicator to identify market volatility. It employs a martingale lot scaling s
This repository contains a collection of MetaTrader 5 expert advisors built using the standard MQL5 library framework. The featured expert advisor, ExpertMAPSARSizeOptimized, generates trade signals based on a Moving Average and manages active positions using a Parabolic SAR trailing stop. It includes a money managemen
This repository contains a collection of MetaTrader 5 Expert Advisors and graphical tools. It includes several technical strategy robots based on Relative Strength Index crossovers, Bollinger Bands, and Moving Averages. Additionally, it features advanced 3D visualization utilities such as a correlation matrix and a mat
This MetaTrader 5 repository provides a collection of expert advisors and analytical tools focused on technical analysis and visualization. The primary utility is a 3D correlation matrix that calculates and displays the relationships between multiple currency pairs using DirectX rendering. The repository also includes
The US30 US500 Trading Collection for MetaTrader 5 provides a variety of expert advisors and analytical utilities. Although the repository name indicates a focus on major indices, it primarily contains standard technical indicator examples such as MACD, Moving Average, and Parabolic SAR. A notable component is a 3D cor
This MetaTrader 5 expert advisor executes a grid-based trading strategy, specifically tailored for gold but applicable to other instruments. It functions by opening initial buy and sell positions and subsequently placing a sequence of limit orders at specified intervals. The system manages risk through a configurable g
This repository provides a collection of MetaTrader 5 expert advisors focused on technical indicator strategies. The primary expert advisor implements a trend-following approach using the Average Directional Index to identify momentum and Exponential Moving Averages for entry signals. Risk management is handled through
Se-0303 is an automated trading robot for MetaTrader 4 and 5 that employs a grid-based approach with Martingale lot scaling. It determines entries through trend analysis and M1 fractals, using coefficients to calculate order distances and take profit targets relative to price height. The EA includes specific risk contr
This MetaTrader 5 expert advisor utilizes ZigZag indicators and Fibonacci retracements to identify and trade ABCD patterns. Operating primarily on the M1 and M5 timeframes, the robot calculates entry points based on specific price ranges and Fibonacci levels such as 23.6 and 38.2. The system employs an aggressive marti
This repository provides a collection of MetaTrader 4 and MetaTrader 5 resources, including standard MetaQuotes examples and custom trading tools. A primary feature is the 3D correlation matrix utility, which uses the Canvas3D library to visualize price relationships across multiple symbols. The collection also include
This repository is a collection of MetaTrader 5 expert advisors and analytical utilities. It features several standard trading examples like MACD and Moving Average, alongside more specific implementations using MAMA and Parabolic SAR indicators. A notable component is a three-dimensional correlation matrix tool that v
Dollar Killer Martingale is an automated trading robot for MetaTrader 5 that utilizes Bollinger Bands to identify market entry points. The EA initiates trades based on price interaction with band boundaries and manages drawdowns through a lot-multiplication recovery system. It features a grid-based approach where addit
This repository is a collection of MetaTrader 5 expert advisors and scripts designed for educational purposes. It contains several standalone trading tools, including simple Bollinger Band strategies, trailing stop managers, and limit order placement utilities. The primary example uses a grid-based approach, populating
This repository provides a collection of Expert Advisors for MetaTrader 5, primarily focused on technical indicator strategies and algorithmic trading examples. The main file utilizes a Moving Average signal combined with a Parabolic SAR trailing stop for automated trade management. It includes a lot-sizing module that
This repository serves as a collection of MetaTrader 5 expert advisors and educational scripts. It includes a variety of automated trading systems based on common technical indicators such as Moving Averages, RSI, and Stochastics. The collection features specific strategies including Bill Williams techniques and trend-
DWater EA is an automated trading robot for MetaTrader 5 that uses a trend-following approach based on price speed and position relative to trendlines. It utilizes smoothed moving averages across dual timeframes to identify entries. The strategy incorporates a grid-based recovery mechanism, adding positions at fixed in
This repository provides a collection of expert advisors for MetaTrader 4 and MetaTrader 5. The primary MetaTrader 5 file implements Mamdani fuzzy logic, processing three Relative Strength Index (RSI) inputs to determine market entries. The collection also includes several MetaTrader 4 experts focused on grid-based mon
This repository contains several MetaTrader 4 and 5 expert advisors, primarily focusing on multi-symbol basket trading and automated position management. The main EA allows users to trade up to six currency pairs simultaneously with predefined directions. It features a mechanism to add positions based on fixed distance
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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