Jonny EA Simple is an automated trading robot for MetaTrader 4 that executes trades based on an algorithmic indicator using configurable look-back periods. It manages risk by calculating position sizes as a percentage of the current account balance, ensuring lot sizing remains proportional to equity. For trade exits, t
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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 536Trade manager 2Risk & protectionNews tradingCopier & bridge 1Framework & template 19Collection 242Utility 9
Strategy
The Belinda Sizing EA is a MetaTrader 4 expert advisor that executes a trend-following strategy based on Simple Moving Average crossovers. It uses a volatility filter comparing current Average True Range values against historical data to confirm market conditions before entry. Trades are managed with a hard stop loss a
This MetaTrader 4 expert advisor executes a trend-following strategy based on simple moving average crossovers. It enters trades when a short-term SMA crosses a long-term SMA, provided a volatility filter using the Average True Range is met. The system includes automated exit logic via opposite crossovers, a hard stop
This MetaTrader 5 expert advisor executes trades based on the MACD indicator and the crossing of two exponential moving averages. It uses a long period of twenty and a short period of six moving averages to identify trends. The robot manages active positions using a specific trailing stop mechanism that permits a perce
This repository provides a collection of trading scripts for MetaTrader 4, MetaTrader 5, and Pine Script, covering various technical strategies. It includes a Williams Alligator expert advisor that enters trades based on the alignment of three smoothed moving averages. The repository also contains code for grid and hed
This repository features a collection of expert advisors for MetaTrader 5, primarily focused on technical indicator logic and educational implementation. The main script, AO-bot, utilizes the Awesome Oscillator to identify swings and switch trade directions, while other tools incorporate Parabolic SAR for trend filteri
This machine learning robot for MetaTrader 5 uses an ensemble of AI models including LSTM, GRU, and LightGBM to predict price movements. It executes trades based on signal confidence and predicted price targets. The EA features multiple risk controls such as volatility filters, trend-based MA filters, RSI checks, and a
This expert advisor for MetaTrader 5 is a multi-strategy system that utilizes market regime detection to switch between trend following, range trading, and breakout modes. It incorporates a wide array of technical indicators, including Moving Averages, RSI, MACD, Ichimoku, and SuperTrend. The bot manages risk through v
This repository contains an extensive collection of over 200 Expert Advisors developed for the MetaTrader 4 and MetaTrader 5 platforms. The files range from individual strategy implementations like CCI multi-pair and cycle-based trading to comprehensive testing frameworks. The primary featured Expert Advisor includes a
This MetaTrader 5 expert advisor implements an automated strategy based on Smart Money Concepts and the Trading Hub Juka Method. It analyzes market structure, institutional order blocks, and fair value gaps to identify high-probability entry points. The robot features multi-timeframe analysis, evaluating alignment betw
This repository provides a collection of MetaTrader 4 expert advisors, primarily focused on a manual trading dashboard and an indicator-based robot. The included dashboard enables manual execution with automated trade management features such as hidden virtual stop loss and take profit levels, profit locking, and multi
This collection of MetaTrader 4 expert advisors provides several distinct trading strategies including candlestick pattern recognition, moving average trends, and currency strength analysis. The repository contains a dedicated martingale algorithm alongside robots focused on engulfing and morning star patterns. The pri
This MetaTrader 5 expert advisor executes automated long-only trades based on the Supertrend indicator. It calculates trend direction using Average True Range and a multiplier factor to identify entry points. The robot includes built-in risk management tools such as percentage-based stop loss and take profit orders, as
This MetaTrader 5 robot executes trades across multiple symbols using institutional indicators including VWAP, Volume Profile, and Average Daily Range (ADR). It enters positions when price action aligns with VWAP directional bias and volume zones such as High Volume Nodes. Risk management is automated via equity-percen
This MetaTrader 5 expert advisor collection provides automated trading strategies based on moving average trends and price action. The primary EA enters trades when price and moving averages align, indicating momentum. It includes risk management features such as fixed lot sizing and optional stop loss and take profit
Chinaliyue MT4 EA Collection is a repository of various expert advisors and trading utilities for MetaTrader 4. The collection features several manual trading panels that allow users to execute orders with predefined stop loss and take profit levels. It includes management functions such as trailing stops and break-eve
This MetaTrader 5 expert advisor implements the BBMA trading system by combining Bollinger Bands with multiple Moving Average levels including MA 5, MA 10, and EMA 50. It enters trades based on technical signals and price interactions with these indicators. The robot features comprehensive risk controls such as percent
This repository is a collection of MetaTrader 5 expert advisors developed as early coding projects between 2021 and 2024. It includes multiple robots implementing varied strategies such as range breakouts, Donchian channels, Fibonacci retracements, and Bollinger Bands. The expert advisors are largely technical indicato
This MetaTrader 5 expert advisor utilizes a combination of Bollinger Bands, Relative Strength Index, and Average Directional Index to identify entries. It supports multi-timeframe analysis for trend confirmation and provides optional filters for Average True Range and price action patterns such as hammers. Risk managem
This repository provides automated trading experts for the MetaTrader 5 platform, featuring a combined grid and martingale strategy along with an Ichimoku-based approach. The primary expert advisor executes trades based on price movement relative to a fixed grid distance. It incorporates a lot multiplication system tha
This MetaTrader 5 expert advisor is designed for gold trading, utilizing a multi-timeframe strategy across the M15, H1, and H4 charts. It integrates technical indicators including ADX, RSI, and Moving Averages to identify trend-following and breakout opportunities. Risk controls include dynamic lot sizing based on acco
Trade Pro 1Min Scalper is an automated trading robot for MetaTrader 5 that implements a strategy based on Bill Williams Fractals and a triple moving average system. It identifies market trends using fast, medium, and slow EMA periods and executes entries based on short-term price action. The expert advisor includes a f
This repository is a diverse collection of MetaTrader 4 and 5 expert advisors, including signal-based robots, grid traders, and utility scripts. The featured expert advisor provides a versatile framework for trade management with options for trailing stops, break-even logic, and ECN broker compatibility. It includes co
This MetaTrader 5 expert advisor implements a trend-following strategy using exponential moving averages and the Relative Strength Index. It enters a long position when the 50-period EMA is above the 200-period EMA while RSI is above 50, and a short position for the opposite conditions. The robot manages one trade at a
This MetaTrader 5 expert advisor serves as a template for automated indicator-based trading. It combines multiple technical tools, including RSI, MACD, Parabolic SAR, and Bollinger Bands, to identify market entry and exit points. The system features a dynamic risk management module that adjusts position sizing based on
This repository provides a collection of MetaTrader 5 expert advisors developed for learning algorithmic trading. The primary featured tool, TimeRangeEA, identifies price high and low points within a specific time window to execute breakout trades. It incorporates risk management through stop loss and take profit level
This MetaTrader 5 expert advisor collection provides several automated strategies, primarily focusing on the Naive RSI EA. This robot enters trades by comparing Relative Strength Index values against two moving averages, buying when the RSI exceeds both and selling when it drops below both. It manages exits through fix
This repository contains a collection of MetaTrader 4 expert advisors designed for educational purposes. The primary strategy, named Belinda, executes trades based on moving average crossovers using a 10-period and 40-period SMA, filtered by volatility via the Average True Range indicator. The collection features sever
This MetaTrader 5 expert advisor executes trades based on the Williams Percent Range (%R) indicator paired with a specialized filter to avoid sideways markets. The system identifies trends by checking if the Williams %R value crosses the median 50 level while simultaneously analyzing multiple timeframes—including M1, M
Parallel System 3 is a MetaTrader 4 expert advisor developed specifically for trading gold. It utilizes a Directional Movement Index (DMI) signal generator with customizable smoothing periods and moving average methods. The trade management logic is based on a layered approach involving multiple trade packs, categorize
This repository contains a collection of MetaTrader 5 expert advisors and sample codes for various trading strategies. The primary EA, Rompimento Pivot, implements a breakout system utilizing a combination of Relative Strength Index, Average True Range, and Bollinger Bands as filters. It features comprehensive risk con
AutoNAS is an automated trading robot designed for the NAS100 index and USOil on the MetaTrader 4 platform. It employs a custom price-action strategy based on a variable threshold to determine entry points. The expert advisor monitors price movements relative to an initial anchor price, opening positions when specific
This MetaTrader 4 expert advisor implements a trend-following breakout strategy using Heiken Ashi candle sequences. The system defines local highs and lows based on consecutive candle color changes and enters trades when these price levels are breached. It operates on a reversal basis, closing active trades and initiat
This repository is a comprehensive collection of MetaTrader 5 source code gathered from the MQL5 CodeBase and various technical articles. It serves as an archive of various trading systems, including trend-based impulse strategies, fuzzy logic applications, and standard indicator samples. The collection contains over 5
This collection for MetaTrader 4 contains several expert advisors focused on grid trading and trend-following techniques. The main EA utilizes a multi-level grid system that can place up to 20 layers of buy or sell stop/limit orders at fixed pip intervals. It includes basket management features to close trades based on
This MetaTrader 4 expert advisor executes trades based on the crossover of two smoothed moving averages. It monitors direction changes between a fast and slow period to trigger market entries. Risk management is handled through fixed stop loss and take profit parameters, along with a break-even function that secures po
Belinda Sizing is an automated trading robot for MetaTrader 4 that utilizes a dual moving average crossover strategy combined with a volatility filter. It enters trades when a short-period simple moving average crosses a long-period moving average, provided that current volatility measured via the Average True Range is
Falcon EA Template is an automated trading robot for MetaTrader 4 that utilizes dual moving averages and Keltner Channels to determine market entries. The system prioritizes risk management through percentage-based position sizing and various exit strategies. It features fixed and volatility-based stop loss and take pr
This MetaTrader 5 expert advisor serves as a modular framework for testing and optimizing indicator-based trading strategies. It currently implements a trend-following system based on Supertrend signals, which utilize volatility-driven calculations for entries. The robot executes logic exclusively at the opening of eac
This repository provides a diverse collection of MetaTrader 4 and MetaTrader 5 expert advisors covering multiple trading methodologies. It includes robots for smart money concepts with fair value gap detection, Joe Ross hook patterns, and volatility-based scalping. The library features specific tools for XAUUSD and mul
A collection of systematic Expert Advisors for MetaTrader 5 designed for session-specific execution. The repository includes multiple specialized engines for strategies such as range reversion, breakouts, and trend following. It features a centralized risk management layer with spread caps, daily loss limits, and conse
This MetaTrader 5 expert advisor implements a multi-indicator strategy based on momentum and divergence confluence. It utilizes Stochastic, Commodity Channel Index (CCI), Parabolic SAR, and Exponential Moving Averages (EMA) to identify entries, specifically targeting bullish and bearish divergence patterns. Risk manage
This repository provides a collection of MetaTrader 4 expert advisors and indicators designed for automated trading and technical analysis. The EAs implement various strategies such as trend-following, candle pattern recognition, and tick movement analysis. Risk management features across the files include standard sto
This MetaTrader 5 expert advisor implements a multi-timeframe strategy combining M15 trend direction with M5 trade execution. It identifies entries using Smart Money Concepts like break of structure and order blocks, confirmed by MACD, Stochastic, and Parabolic SAR indicators. Risk management is a primary focus, offeri
Hydra Prime is a systematic expert advisor for MetaTrader 5 designed specifically for the gold market. It executes trades based on intraday momentum expansions and market structure shifts using Smart Money Concepts like Fair Value Gaps and Optimal Trade Entry zones. The robot analyzes swing structures on the M5 timefra
Prop Firm Elite EA is a comprehensive trading suite for MetaTrader 5 designed for automated prop firm challenge management. It utilizes Smart Money Concepts, including Break of Structure and Fair Value Gaps, combined with exponential moving averages and RSI filters. The system manages risk through fixed percentage lot
An automated trading system for MetaTrader 4 specifically designed for gold (XAUUSD) on the M5 timeframe. It features two core strategies: trend continuation and price pullbacks. The expert advisor utilizes a dual exponential moving average framework for direction and ATR for volatility filtering. Risk management is ha
This automated trading robot for MetaTrader 5 implements Smart Money Concepts (SMC) and ICT principles using a hybrid architecture. Trading logic and signal detection are processed within a native C++ DLL, while the MQL5 bridge handles trade execution and data feeding. The system identifies market structure shifts, inc
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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