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
Synced with GitHub ยท updated today
Free MT4 & MT5 expert advisors
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
New EAs by RSS
Type
Trading robot 81Trade manager 1Risk & protectionNews tradingCopier & bridge 1Framework & template 2Collection 79Utility
Strategy
Refine
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 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-
This MetaTrader 4 expert advisor executes a mean-reversion strategy driven by the Relative Strength Index. It enters trades when the RSI indicates overextended price levels and manages them using a grid-based approach. The EA scales lot sizes using a martingale factor and allows for position layering at specified dista
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 MetaTrader 4 repository contains a collection of trading tools, primarily featuring an automated RSI-based grid expert advisor. The system enters positions when the Relative Strength Index exceeds defined thresholds and manages them using a grid strategy with martingale lot multiplication. Risk controls include a
This collection of MetaTrader 4 expert advisors serves as a practice repository for automated trading scripts. It features several distinct strategies, including moving average crossovers, Bollinger Band mean-reversion, and RSI-based entries. A core component of the repository is a martingale-style system that layers o
This collection for MetaTrader 4 includes various expert advisors, with the primary HL Monday Order EA focusing on weekly price ranges. The software identifies Monday's high and low prices to set automated entry levels, stop loss positions, and take profit targets using configurable pip adjustments. The repository incl
Proper Bot is a MetaTrader 4 expert advisor that utilizes a triple moving average crossover for trend detection combined with a manual grid management system. It filters entries based on volume and specific price levels. When a trade moves against the initial position, the EA opens additional orders at predefined point
This MetaTrader 4 repository contains a collection of automated trading tools, primarily centered on the Martingale Levels Expert. The system employs a grid-based strategy that places stop orders at specific intervals and manages them using trailing stops. It utilizes martingale lot scaling, where subsequent order size
Krikor is a MetaTrader 4 robot that uses a combination of technical indicators and a grid-based recovery system to manage trades. It determines entries using a Relative Strength Index (RSI), Moving Averages, Average Directional Index (ADX), and a custom ZigZag indicator. The strategy employs martingale lot scaling, inc
This MetaTrader 4 expert advisor implements a trend-following grid strategy based on multiple moving averages. It determines market direction using configurable average periods and places initial pending orders followed by additional positions at set point intervals. The robot manages long and short trades independentl
Mugen Nampin is a MetaTrader 4 expert advisor that executes a mean-reversion strategy using Bollinger Bands. It enters buy positions when price drops below the lower band and sell positions when price exceeds the upper band. The robot employs an averaging down approach, layering additional trades at fixed intervals whe
Integra 777 Buy Sell is a MetaTrader 4 expert advisor that utilizes a grid-based approach combined with the Commodity Channel Index (CCI) for trade entries and management. The robot opens positions and adds supplementary orders at dynamic distances, governed by a minimum step parameter. It features a unique trailing pr
This repository provides a collection of MetaTrader 4 expert advisors, with a primary focus on the Dreamguy MaCrossMarti system. The EA initiates trades based on fast and slow moving average crossovers, utilizing a long-period moving average for trend filtering. It manages positions through a grid-based approach and ma
ZBlue is a MetaTrader 4 expert advisor designed for forex trading using a Martingale-style recovery strategy. It initiates a starting position and adds subsequent trades at increasing pip intervals if the market moves against the initial entry. The EA manages both buy and sell directions independently. It uses a tiered
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
This MetaTrader 4 expert advisor is an automated grid trading system that utilizes a variety of indicators including Moving Averages, CCI, Bollinger Bands, and MACD for trade entries. It employs a martingale-style lot multiplier to manage position sizing across sequential grid levels. The software includes risk control
B4 is an automated trading robot for MetaTrader 4 that utilizes a grid-based strategy with martingale lot scaling. It employs multiple technical indicators, including Moving Averages, CCI, Bollinger Bands, Stochastic, and MACD, to determine market entry points. The EA features comprehensive risk management controls suc
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 day, 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 day. 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