This repository provides a diverse collection of MetaTrader 5 expert advisors focusing on technical indicators and Smart Money Concepts. The primary expert advisor, Behemoth Max, utilizes a combination of MACD, weighted moving averages, and exponential moving averages across multiple timeframes to identify entries. Ris
Synced with GitHub · updated hourly
Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 354Trade manager 1Risk & protectionNews tradingCopier & bridge 1Framework & template 13Collection 156Utility 5
Strategy
LSF X Engine is a MetaTrader 5 expert advisor designed for momentum-based trading through mathematical price smoothing. It utilizes a Kalman filter to reduce market noise and calculates the Least Squares Fitting slope to identify the prevailing trend direction. The strategy triggers entries during high-velocity price b
This MetaTrader 5 expert advisor is designed for swing trading gold (XAUUSD). It employs a trend-following strategy using 50 and 200 Simple Moving Averages, ADX for trend strength, and RSI for momentum filters. The system requires multi-timeframe confirmation from H4 and D1 charts before entering trades. Risk managemen
LinearFX Trader is an automated expert advisor for MetaTrader 5 that utilizes mathematical linear regression to identify trading opportunities. The robot analyzes historical price data over a configurable lookback period to determine market direction. It includes essential risk management features such as fixed lot siz
MAStoch is a MetaTrader 5 expert advisor that executes trades based on moving average crossovers, with an optional Stochastic oscillator filter for overbought and oversold conditions. It features a dual-stage exit strategy allowing for partial closes at different Fibonacci levels or fixed currency targets. Risk control
This MetaTrader 5 expert advisor implements a trend-following strategy based on Bollinger Bands. It initiates long positions when price breaks above the upper band during periods of high volatility, attempting to ride extended uptrends. The strategy closes or reverses positions when price breaks below the lower band. A
This MetaTrader 5 expert advisor executes a multi-indicator strategy inspired by the No Nonsense Forex methodology. It combines an SSL indicator for signal confirmation, the Waddah Attar Explosion for volume filtering, and a Geometric Mean Moving Average as a baseline. The robot enters trades based on trend alignment a
This repository contains a collection of MetaTrader 5 expert advisors designed for various financial instruments including the DAX index, gold, oil, and major currency pairs. The library includes specialized robots like German Sunrise for DAX mean reversion and others for specific events like Friday gold moves or Tuesd
Flood MA Lines ML for MetaTrader 5 generates and interprets complex Moving Average trend series to provide data for machine learning and deep learning applications. It uses a mass production algorithm to perform relational trend analysis, measuring trend robustness and identifying price range expectations. The software
This expert advisor for MetaTrader 5 implements the No Nonsense Forex trend-following methodology. It utilizes a modular approach where users can select and configure specific components including a baseline, primary and secondary confirmation indicators, a volume filter, and a dedicated exit indicator. The EA manages
This MetaTrader 5 expert advisor implements a trend-following strategy using MACD and EMA indicators. For long entries, it requires a MACD crossover below the zero line and price confirmation above the EMA. It manages risk through ATR-based stop losses and take profits, with a default 1:2 risk-to-reward ratio. Users ca
This collection for MetaTrader 5 features a variety of trading tools and automated expert advisors. It includes advanced visualization utilities like a 3D correlation matrix and a mathematical morpher using DirectX canvas. The repository also provides several technical trading robots based on moving averages, MACD, ADX
This MetaTrader 5 expert advisor implements a trend-following strategy based on moving average crossovers. It utilizes a fast Exponential Moving Average and a slow Exponential Moving Average for entry signals, with a longer-period Simple Moving Average acting as a trend filter. The robot includes an optional RSI filter
This automated trading robot for MetaTrader 5 utilizes the Ichimoku Kinko Hyo indicator to execute trades. It features customizable periods for the Tenkan-sen, Kijun-sen, and Senkou Span B components. Risk management is handled through fixed pips-based stop loss and take profit orders, supplemented by a trailing stop a
This repository contains a collection of MetaTrader 5 expert advisor files designed for educational and tutorial purposes. It includes various scripts covering fundamental MQL5 programming concepts such as array manipulation, mathematical functions, and position management. Specific examples demonstrate basic entry log
This repository provides a collection of MetaTrader 5 expert advisors and helper functions designed for various trading strategies. It includes implementations for Vegas-style trend following, Bollinger Band breakouts, and scalping techniques. The codebase contains utility functions for surge detection, candle identifi
This repository is a collection of various MetaTrader 5 expert advisors generated through the Mission Automate tool. It contains over 100 separate files covering a wide array of technical strategies, including range breakouts, trend-following systems, and indicator crossovers using Ichimoku, CCI, and Heiken Ashi. Sever
This MetaTrader 5 expert advisor automates the placement of buy market and buy stop orders. When no positions are active, the robot enters the market and sets a pending buy stop order based on configurable distance parameters. It features a continuous trailing stop mechanism that tracks price movements without a minimu
STO Martin is a grid-based trading robot for MetaTrader 5 that uses technical indicators to manage entries and recoveries. It employs a Stochastic Oscillator for execution signals and a Moving Average to filter trades according to the prevailing trend. The EA features a martingale lot-scaling system that adds positions
This MetaTrader 5 expert advisor serves as a base model or template for trend-following strategies. It utilizes three distinct moving averages—fast, medium, and slow—to identify market direction and potential entry points. The system includes built-in risk management parameters for fixed lot sizing, stop loss, and take
MadRabbit Universal is a collection of MetaTrader 5 expert advisors and trading tools focused on multi-indicator strategies. The flagship Universal Turbo robot allows users to combine signals from moving average crossovers, MACD, VWAP, ATR, and RSI. It is primarily designed for netting accounts trading indices and stoc
This MetaTrader 5 framework provides a modular library for technical analysis, including candle pattern detection, support and resistance levels, and Fibonacci calculations. The repository includes an expert advisor that implements ZigZag-based wave analysis to identify market structure and chart patterns. It features
This MetaTrader 5 expert advisor utilizes a multi-timeframe approach to identify entry points based on the Relative Strength Index and candlestick patterns. It monitors a lower timeframe for bullish engulfing formations while using a higher timeframe Exponential Moving Average to filter for trend direction. The bot cal
This MetaTrader 5 expert advisor identifies and trades the 212 candlestick pattern. It combines price action analysis with technical indicators, specifically using the Average Directional Index and a Moving Average for trend confirmation. The system manages risk through fixed stop loss and take profit levels, including
This collection for MetaTrader 5 features several expert advisors designed for automated trading using time-of-day filters and technical indicators like the Hilo Activator. The primary strategies focus on executing trades during specific market sessions and incorporate a lot-scaling recovery mechanism that increases po
Mql Trading Signals is a collection of expert advisors for MetaTrader 4 and 5 designed for automated trading and signal notification. The repository contains various strategy iterations, primarily utilizing Simple Moving Average (SMA) crossovers to identify trends. The main experts include logic for sending trade detai
Azizkhani is a technical expert advisor for MetaTrader 5 that executes trades based on a combination of MACD and Commodity Channel Index indicators. The robot enters buy or sell limit orders when the CCI exceeds specific thresholds and the MACD aligns with the trend direction. It features a simplified logic for managin
EAM1 is a MetaTrader 5 expert advisor that utilizes the Ichimoku Kinko Hyo technical indicator to identify trading opportunities. The robot monitors the Tenkan, Kijun, and Senkou Span components to generate signals based on trend direction and component crossovers. Users can adjust the periods for the fast and slow lin
This repository contains a collection of MetaTrader 5 expert advisors, primarily featuring the Pato Novo robot. Pato Novo utilizes moving average signals for trade entries and manages risk with fixed lot sizing, stop loss, and take profit parameters. It includes logic to limit the number of consecutive winning or losin
This MetaTrader 5 repository is a collection of various Expert Advisors and trading utilities. The primary EA implements a strategy based on the Relative Strength Index (RSI), Bollinger Bands, and Parabolic SAR indicators. It executes trades using overbought and oversold levels in conjunction with volatility bands. Ris
This MetaTrader 5 expert advisor is a research-oriented framework designed to scan and analyze Ichimoku Kinko Hyo indicator criteria across multiple symbols. It evaluates price positions relative to the Chikou Span, Senkou Span A, and Senkou Span B to identify market reactions. The utility includes features for exporti
This repository contains a set of automated trading robots for the MetaTrader 5 platform, focusing on indicator-driven entry logic. The primary expert advisor utilizes Relative Strength Index levels to identify potential reversals, filtered by a Moving Average to ensure trades align with the prevailing trend. Risk mana
Xau Cloud AI Sniper is an automated trading robot for MetaTrader 5 designed for gold trading. It utilizes a multi-layered entry pipeline involving a pattern engine, breakout detection, and trend alignment, often synchronized with external cloud-based market outlooks. The system features an AI-filter mode to validate tr
This MetaTrader 5 expert advisor functions as a comprehensive chart annotation and signal scanning tool based on Smart Money Concepts and Price Action. It identifies structural elements such as order blocks, fair value gaps, liquidity pools, and market structure shifts across multiple symbols simultaneously. The system
This MetaTrader 5 repository contains a large collection of expert advisors developed using the fxDreema visual builder. The primary strategy utilizes a triple moving average system with 200, 25, and 5 periods to detect trends, combined with ATR-based volatility filters for trade exits. It features grid-based order lay
This expert advisor for MetaTrader 5 is a sophisticated trading system specifically optimized for gold. It operates as part of a hybrid ecosystem, utilizing a Python-based desktop interface for local machine learning model training and market analysis while executing trades via the MQL5 robot. The EA employs a multi-la
This MetaTrader 5 expert advisor collection focuses on machine learning strategies, specifically Lorentzian Classification and Nadaraya-Watson Kernel Regression. It is primarily designed for trading gold on the H4 timeframe but offers configurable parameters for broader market use. The system supports both mean-reversi
XSpark is a modular automated trading framework for MetaTrader 5 that prioritizes capital protection and risk management. It includes a collection of distinct Expert Advisors covering various methodologies: a trend-pullback scalper, candle momentum tracking, Smart Money Concepts (SMC), and ICT liquidity models. The sys
This MetaTrader 5 expert advisor utilizes Smart Money Concepts and institutional trading principles to trade Gold and major Forex pairs. It employs a multi-agent confluence scoring system that evaluates market structure, liquidity sweeps, fair value gaps, and EMA trends before entering trades. The system filters entrie
Kaybambodlabfx SMC is a MetaTrader 5 expert advisor that executes trades based on market regime classification and Smart Money Concepts (SMC). The system employs a multi-timeframe approach, scanning structures from the daily chart down to one-minute intervals to establish a master bias. It uses ADX, ATR, and swing poin
This algorithmic scalping robot for MetaTrader 4 and 5 uses a five-factor confluence engine to identify trade entries. It monitors RSI extremes, Bollinger Band breakouts, MACD momentum, EMA ribbons, and volume acceleration. The EA employs percentage-based risk management with a strict stop loss and a flexible take prof
This MetaTrader 5 expert advisor utilizes Smart Money Concepts and pure price action to execute trades without traditional technical indicators. By analyzing raw candle data, it identifies market structures, order blocks, and various fair value gaps. The system includes multiple versions, ranging from simple price acti
MATE Apex Scalper is a MetaTrader 5 expert advisor designed for scalping major forex pairs and gold. It employs a multi-symbol confluence strategy, filtering entries based on triple exponential moving average alignment, RSI levels, and Bollinger Band rejections on the M5 and M15 timeframes. The robot manages trades usi
C Financial is a MetaTrader 5 repository containing a large collection of expert advisor variants focused on trend-following and price action strategies. The primary scripts utilize technical indicators like Moving Averages, ADX, CCI, and Average True Range to detect market direction and volatility. It features modular
This repository contains a collection of MetaTrader 5 expert advisors designed for a quantitative trading seminar by QRT Solutions. It includes multiple models such as US opening gap momentum, opening range breakouts, and SMA-based gold strategies. Each robot features professional risk management components including t
This MetaTrader 5 repository provides a collection of seventeen quantitative trading strategies designed for educational and research purposes. The primary expert advisor implements a US opening gap momentum strategy, utilizing ATR-based gap thresholds and Z-Score volatility regime detection to identify entry points. R
Inan Quant is a MetaTrader 5 expert advisor designed specifically for trading gold on the M15 timeframe. It utilizes a Donchian breakout strategy combined with a multi-layered filtering system, including an H1 trend filter, ADX regime detection, and a custom signal quality score. The system manages risk using percentag
This MetaTrader 5 expert advisor employs a regime-adaptive strategy using the Hurst exponent to distinguish between trending and ranging market conditions. It performs dual timeframe analysis, typically executing on the H1 timeframe while monitoring H4 for broader context. The system incorporates technical indicators s
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.
Run EAs with a broker that supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers