This MetaTrader 5 expert advisor provides a comprehensive framework for training and deploying deep learning models natively within the MQL5 environment. It bypasses external dependencies by implementing Multilayer Perceptron, Recurrent Neural Network, and Long Short-Term Memory architectures directly in the platform.
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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.
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Strategy
This collection of Expert Advisors for MetaTrader 5 provides specific automated strategies for Gold, Bitcoin, EURUSD, and Nasdaq. The repository includes modules for ATR breakouts, Bollinger Band mean reversion, and opening range breakouts. Risk management is handled through a three-stage take profit system, automated
This MetaTrader 5 expert advisor implements a long-only trend-following strategy designed specifically for gold (XAUUSD) on the hourly timeframe. The system filters entries using a 200-period exponential moving average and an optional ADX momentum filter to avoid low-volatility periods. Trade signals originate from MAC
This MetaTrader 5 expert advisor is designed for scalping gold on the M1 timeframe. It features a versatile strategy engine capable of toggling between breakout and mean-reversion modes based on market conditions. The system manages trades using ATR-based trailing stops, break-even adjustments, and time-based exits. Ri
Gold Scalper is an educational MetaTrader 5 expert advisor designed for scalping XAUUSD on the one-minute timeframe. It is presented as a masterclass tutorial to demonstrate modular coding practices. The system utilizes a 200-period Exponential Moving Average for trend filtering and the Relative Strength Index for entr
This MetaTrader 5 expert advisor is designed for gold trading using Candle Range Theory and Time-Based Strategy principles. It identifies market structure through the Accumulation, Manipulation, and Distribution cycle while detecting Fair Value Gaps and Order Blocks. The robot executes trades exclusively during specifi
This MetaTrader 5 expert advisor automates trading strategies based on Inner Circle Trader (ICT) and Smart Money Concepts (SMC). It utilizes a confluence engine to evaluate market structure, PDA zones, fair value gaps, order blocks, and SMT divergence against correlated symbols like the DXY. Designed specifically for p
This MetaTrader 5 expert advisor serves as a modular framework for building high-performance trading systems with external connectivity. It utilizes a three-pillar architecture: a bridge interface for REST API communication with external backends, a multi-agent logic system for AI-driven signal generation, and a risk m
DBasket EA is a statistical arbitrage expert advisor for MetaTrader 5 that trades three-pair correlation baskets. It identifies price divergences between related currency pairs using Z-score analysis and enters hedged three-leg positions expecting mean reversion. The system incorporates advanced statistical modules inc
Universal Market Hunter is an automated trading robot for MetaTrader 5 that targets Forex, gold, and cryptocurrency markets. It allows users to switch between two main strategies: a Bollinger Band volatility breakout and an engulfing price action pattern using volume confirmation. The system manages risk through ATR-ca
This framework provides a standardized method for developers to implement licensing and serial key validation within MetaTrader 4 and MetaTrader 5 Expert Advisors. It utilizes an external validation library to authenticate users by comparing hardware IDs and product codes against encrypted serial keys. The system inclu
AR Tenkansen Breakout EA is a MetaTrader 5 expert advisor that trades breakouts of the Ichimoku Kinko Hyo indicator's Tenkan-sen line. It uses an internal multiplier to adjust standard Ichimoku periods for different market conditions. The robot manages entries and exits based on price interaction with the Tenkan-sen an
This MetaTrader 5 expert advisor functions as a bridge to transmit trading signals to the TradersPost platform using webhooks. It facilitates the automation of trade data delivery by constructing JSON payloads that include tickers, order actions, and volume. The repository includes a communication library and an exampl
This expert advisor for MetaTrader 5 uses the Moving Average Convergence Divergence (MACD) indicator to execute trades based on signal line crossovers. Operating on the fifteen-minute timeframe, the robot enters buy positions when the MACD main line is above the signal line and sell positions when it is below. It incor
This expert advisor is a cross-platform trade copier designed for MetaTrader 4 and MetaTrader 5. It facilitates local or remote trade replication using network sockets for low-latency communication. The system consists of mother and child components, allowing users to map specific symbol names between different brokers
This repository is a collection of MetaTrader 5 expert advisors and utility scripts developed for educational purposes. The primary robot, CruzamentoMedia, executes trades based on moving average crossover logic with configurable periods and methods. It includes a graphical user interface panel for manual play and paus
This expert advisor for MetaTrader 4 and MetaTrader 5 implements a trend-following strategy based on moving average crossovers. It triggers trades when a fast moving average crosses a slow moving average, utilizing new bar detection to filter out market noise. The system manages open positions using fixed stop loss and
This repository contains a collection of MetaTrader 5 scripts and Expert Advisors focusing on various technical indicators. The primary EA provided uses Relative Strength Index (RSI) levels to determine long and short entry conditions, including specific start and end thresholds for signal filtering. Other files in the
This MetaTrader 5 expert advisor is an example implementation designed to trade moving average crossovers on non-standard timeframes, specifically seconds-based charts. It executes trades based on price crossing a moving average or two moving averages crossing each other. The EA includes risk management features such a
This MetaTrader 5 collection provides several automated trading scripts, including a core robot that executes trades based on random entries or basic indicators. It manages positions using percentage-based stop loss and take profit targets rather than fixed pips. The expert advisors include risk controls like equity al
NS Financas 4 EMA is a MetaTrader 5 expert advisor that automates trading using a four-period exponential moving average system. The robot enters trades based on the alignment of three short-term EMAs while using a 200-period EMA as a directional trend filter to ensure positions align with the long-term market bias. It
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
King Panel is a comprehensive account dashboard and trading utility for MetaTrader 5, featuring a high-density interface built with pure CCanvas rendering. It offers deep analytics across eight tabs, including equity curves, drawdown reports, and MFE/MAE scatter plots. For trade management, it provides an order ticket
This MetaTrader 5 expert advisor functions as a bridge to execute trades originating from TradingView alerts or a custom embedded dashboard. It utilizes a local Python Flask server and file-based Inter-Process Communication to relay commands. The system supports manual execution through a floating toolbar and automated
Gold SnR Momentum Scalper Pro is an automated scalping robot for MetaTrader 5, specifically optimized for XAUUSD on the M1 timeframe. It identifies entry points by combining support and resistance zones with RSI and moving average momentum. The system incorporates tick-level analysis to measure buying and selling press
This repository features a headless CLI automation pipeline for MetaTrader 5, enabling users to compile, backtest, and rank MQL5 Expert Advisors through PowerShell. It contains a large collection of robots focused on candlestick patterns, such as Morning and Evening Star signals, combined with Stochastic or CCI filters
Move Stop To Breakeven is a trade management expert advisor for MetaTrader 4 and 5 that automatically secures open positions by adjusting stop-loss levels. Once a trade reaches a user-defined profit distance in points, the EA moves the stop-loss to the entry price or a specified buffer level. It features options to acc
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 MetaTrader 5 expert advisor implements an automated breakout strategy based on the high and low prices of the previous candle. It monitors price action on the active chart and enters long positions when the bid price exceeds the previous high, or short positions when it falls below the previous low. Risk managemen
This MetaTrader 5 expert advisor acts as a bridge between Telegram channels and the trading terminal via a dedicated Python server. It uses a TCP socket connection to receive structured JSON data parsed by artificial intelligence from unstructured chat messages. The EA executes market or pending orders based on entry r
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
Single Breakeven is a trade management tool for MetaTrader 4 and 5 that monitors multiple open positions on a single symbol. When the aggregate profit in account currency reaches a user-defined threshold, the expert advisor moves the stop loss of all included trades to a calculated breakeven price. It supports filterin
This MetaTrader 5 expert advisor functions as a signal execution bridge between a Telegram channel and the trading platform. It communicates with a Python-based server via JSON to receive trade signals. The system features automated risk-based lot sizing, allowing users to define specific risk percentages per trade or
This Expert Advisor for MetaTrader 5 automates trading based on Smart Money Concepts. It identifies market structure shifts such as Break of Structure and Change of Character to find entry points. The robot supports various setups including Fair Value Gap retests, Swing Failure Patterns, and breakout entries. Risk cont
This MetaTrader 5 framework provides a library and a template expert advisor designed for walk-forward optimization. It enables developers to test strategies across moving windows of historical data to verify performance stability. The included template expert advisor demonstrates basic trade management, featuring para
This MetaTrader 5 expert advisor automates trading using Smart Money Concepts (SMC) and Inner Circle Trader principles. It identifies market entries by detecting Order Blocks, Break of Structure, Liquidity Sweeps, and Fair Value Gaps. The system incorporates a confidence scoring algorithm that evaluates signal strength
MA Trailing Stop is a trade management expert advisor for MetaTrader 4 and MetaTrader 5. It monitors open positions and automatically adjusts stop-loss levels based on the value of a moving average indicator. Users can customize the indicator period, method, and shift to suit their strategy. The tool includes filtering
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
Hohla Trader Assistant is a utility for MetaTrader 4 and 5 designed to streamline trade management and risk control. It automatically applies stop loss and take profit levels to manual trades using multiples of the Average True Range. The tool calculates lot sizes dynamically based on a percentage of account equity. A
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 MetaTrader 5 expert advisor serves as a bridge between Telegram and the trading platform, allowing users to execute and manage trades remotely via mobile devices. It supports instant and limit orders for buy and sell positions through simple chat commands. Beyond execution, the tool provides real-time alerts, pric
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 expert advisor facilitates local trade copying from MetaTrader 5 to MetaTrader 4 terminals residing on the same computer. Functioning as a sender, the tool monitors active positions and writes order data to a CSV file at short intervals. It synchronizes trade execution by detecting new entries, exits, and modifica
This MetaTrader 5 expert advisor provides a basic trade copying mechanism between different terminal instances on the same machine. It operates in two distinct modes: master or slave. In master mode, the software monitors currently open positions and writes trade details, including symbol names, volumes, and risk level
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
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.
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