This collection provides educational Expert Advisors for the MetaTrader 5 platform, showcasing different algorithmic approaches for beginners and intermediate traders. It features a moving average crossover system and a more advanced mean reversion robot based on the Relative Strength Index. The included tools utilize
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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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Type
Trading robot 354Trade manager 1Risk & protectionNews tradingCopier & bridge 1Framework & template 13Collection 156Utility 5
Strategy
Vilona Gold Trading EA is a trend-following robot for MetaTrader 5 tailored for XAUUSD. It executes trades based on daily breakouts and moving average filters, often focusing on long-only setups to align with secular trends. Risk management features include equity-based lot sizing, fixed stop losses, trailing stops, an
Gold Scalper EA is an automated trading robot for MetaTrader 5 specifically designed for the XAUUSD market. It utilizes a modular architecture to perform multi-timeframe analysis across H1 and M15 charts, combining momentum, price action, and market structure indicators. The system employs a scoring engine and conflict
This automated trading robot for MetaTrader 5 focuses on gold scalping using a multi-timeframe moving average strategy. It identifies entries via EMA crossovers on the one-minute timeframe, while confirming the overall trend using larger periods on the five-minute chart. Risk management includes dynamic stop loss and t
This MetaTrader 5 expert advisor implements Smart Money Concepts and ICT strategies specifically for the XAUUSD pair on the five-minute timeframe. It utilizes a multi-confirmation scoring system including market structure shifts, break of structure, and change of character detection alongside fair value gaps and liquid
This Expert Advisor for MetaTrader 5 focuses on gold trading through a combination of mean-reversion signals and a grid management system. It uses multi-timeframe filters, including exponential moving averages and ADX on the H1 timeframe, to identify trend direction while executing entries on M15 based on RSI and Bolli
This expert advisor for MetaTrader 5 automates the Fimathe/PCM technical analysis strategy. It identifies market cycles by constructing reference channels and expansion zones to execute trades on price breakouts. The robot supports entries based on candle touch or closure and manages exits using two take profit levels.
An automated trading robot for MetaTrader 5 specifically designed for the XAUUSD market. It utilizes a combination of RSI for overbought and oversold levels, MACD for momentum, and Simple Moving Average crossovers for trend confirmation. The EA enters trades when multiple indicators align and manages them using fixed o
This MetaTrader 5 robot trades gold on the 15-minute timeframe using a trend-following pullback strategy. It identifies the primary trend using a 200-period EMA on the H1 chart and looks for entries on the M15 timeframe when price retracts to a fast EMA and RSI indicates a momentum reset. Risk is managed through ATR-ba
Shakuni Trap is a MetaTrader 5 research laboratory focusing on systematic gold trading. The collection features multiple Expert Advisors, with the primary OneShot version utilizing M1 to M5 timeframes. This strategy executes trades based on EMA bounces or Donchian Channel breakouts, requiring alignment with higher time
Prem Gold Advisor is an automated MetaTrader 5 expert advisor specialized for XAUUSD (Gold) trading on the five-minute timeframe. It initiates trades using breakout levels placed at specific distances from the candle open. The strategy features a progressive scale-in mechanism, adding new orders as the price hits succe
This repository features a collection of MetaTrader 5 Expert Advisors developed for strategy and risk-management research. It includes a multi-pair mean reversion grid system, a gold breakout robot using previous day levels, and trend-following strategies based on moving averages. The EAs incorporate extensive risk con
Aurum is an adaptive research expert advisor designed for trading Gold on MetaTrader 5 cent accounts. It employs a multi-timeframe logic that filters H1 trend direction, M15 market regimes, and M5 setups to trigger entries on M1 closed bars. Risk management is a central component, incorporating strict limits on daily a
Conquest EA is a self-adjusting expert advisor for MetaTrader 5 that utilizes Smart Money Concepts such as Fair Value Gaps and Break of Structure for entries. It features a built-in learning module that evaluates its own trade outcomes to adjust strategy weighting and confidence in real-time. Risk management includes a
Trend Matrix EA is a multi-model trend-following robot for MetaTrader 5, specifically optimized for Gold trading. It utilizes a scoring matrix based on several technical indicators including Moving Averages, MACD, ADX, and Bollinger Bands to determine entries. The system employs a conservative pyramiding approach, addi
Flip Trader is a perpetual stop-and-reverse expert advisor for MetaTrader 5 that remains in the market at all times. The strategy opens an initial position and applies a tight trailing stop-loss without a take profit target. When the market hits the stop-loss, the robot immediately closes the position and opens a new o
SynerPro EA is a MetaTrader 5 robot designed for managing prop firm challenges. It implements the Synergy Strategy, utilizing Heikin Ashi market bias and session-based filters to execute trades. The system features a master-slave communication architecture via shared files for coordinating between instances. Risk manag
This expert advisor for MetaTrader 5 combines traditional quantitative strategies with machine learning via the ONNX runtime. It features multiple trading modes including Order Blocks, market structure analysis, and a hybrid AI strategy using neural network predictions trained in PyTorch. The system incorporates compre
This expert advisor for MetaTrader 5 implements a technical strategy combining MACD, Stochastic Oscillator, and Parabolic SAR indicators. Designed primarily for the five-minute timeframe, it enters trades based on momentum and trend alignment. The system features robust risk controls, including stop loss and take profi
This expert advisor implements an automated trend-following strategy for the US30 index on the MetaTrader 5 platform. It identifies entries using a combination of dual Exponential Moving Averages for trend direction, RSI for momentum filtering, and specific candle patterns. Risk is managed through a percentage-based lo
This Expert Advisor for MetaTrader 5 implements a trend-following strategy based on the crossover of 15-period and 60-period Exponential Moving Averages. It employs a continuous reversal logic to maintain market presence, switching between long and short positions as trends shift. Risk management includes ATR-based dyn
Smart Trader 7CAS is an automated trading robot for MetaTrader 5 designed specifically for commodities including Gold, Silver, and Oil. It implements seven distinct trading modules or scenarios covering trend following, scalping, range trading, breakouts, Smart Money Concepts, reversals, and Fibonacci levels. The syste
This MetaTrader 5 collection provides five Expert Advisors focused on Ichimoku Chikou-Kijun crossovers. The repository includes basic alert tools and automated robots that execute trades based on lagging span movements relative to the base line. Advanced variants incorporate ADX and DI filters, Kumo cloud confluence, a
This MetaTrader 5 expert advisor utilizes the Ichimoku Kinko Hyo indicator system integrated with a machine learning boosting model to execute trades. It analyzes technical factors including RSI, ATR, Z-scores, and price slopes to determine a success probability before opening positions. The robot features built-in ris
This trend-following expert advisor for MetaTrader 5 implements the SHAKE strategy to trade Bitcoin and Gold. It identifies entries by analyzing the alignment of three moving averages across three distinct timeframes, typically M1, M5, and M15. Positions are opened only when the fast, medium, and slow averages are sequ
This automated trading system for MetaTrader 5 utilizes machine learning models via the ONNX runtime to forecast currency trends. It implements an ensemble approach, combining predictions from Logistic Regression, Support Vector Machines, Random Forest, and XGBoost. The system operates in two primary modes: technical i
JBM EMA Gold Scalper is an automated trading system for MetaTrader 5 designed specifically for gold on the one-minute timeframe. It utilizes an exponential moving average ribbon consisting of four periods to identify trend alignment and enters trades on price retracements. The expert advisor includes several filters, s
This MetaTrader 5 expert advisor is designed for scalping XAU/USD on the one-minute timeframe. It utilizes a multi-indicator approach combined with Smart Money Concepts, including order blocks, fair value gaps, and liquidity sweeps. The robot calculates a confidence score for entries using EMA trend analysis, RSI, and
Panda Engine EA is a multi-strategy robot for MetaTrader 5 that incorporates four distinct trading modules: BB, Intra, Pullback, and Intra Master. It executes trades based on technical structures, swing points, and a confluence scoring system. The expert advisor includes an exposure guard to manage risk by limiting tot
Break EA is a multi-symbol trend-following robot for MetaTrader 5. It identifies market entries using a combination of EMA 50, MACD crossovers, and RSI filters, while ADX monitors trend strength. The advisor includes advanced trade management features such as ATR-based stop loss and take profit, trailing stops, break-e
Garxy Fenx Lite is a trading framework for MetaTrader 5 that uses a multi-engine architecture to analyze market conditions and execute trades. The robot evaluates volatility, trend, and range data to calculate confidence scores for strategy and risk before opening positions. It manages trades using either fixed point t
This automated expert advisor for MetaTrader 4 and 5 trades forex using a multi-timeframe technical strategy. It identifies H1 trends with moving averages and Ichimoku clouds while timing M5 entries via MACD and RSI convergence. The system incorporates robust risk controls including equity-based lot sizing, daily loss
MTF Confluence Trend is a MetaTrader 5 expert advisor designed for trend-following across multiple timeframes. It initiates trades when the local Supertrend indicator aligns with a higher timeframe trend, further filtered by ADX strength and optional volume conditions. The robot includes risk management features such a
This MetaTrader 5 expert advisor is a multi-timeframe scalping robot optimized for gold trading. It utilizes a higher-timeframe bias filter combined with lower-timeframe entry triggers based on a weighted scoring system. The strategy integrates Exponential Moving Averages, ADX for trend strength, Stochastic RSI, and VW
This MetaTrader 5 expert advisor executes a long-only bullish continuation strategy. It identifies trade entries by combining specific candlestick patterns, such as bullish engulfing and harami, with trend-following filters. For a buy order to trigger, the price must close above both the 50 and 200 exponential moving a
This collection for MetaTrader 5 provides a diverse range of algorithmic trading strategies and utility scripts. The featured Precision Sniper EA utilizes indicator resonance, combining EMA, RSI, and ATR for entry signals. It incorporates sophisticated risk controls including three-stage partial profit taking, structur
Smart SL is a MetaTrader 5 risk management tool that calculates optimal exit levels using a multi-factor scoring system. It evaluates market structure via swing detection, ATR-based volatility, and multi-timeframe confluence. The tool offers three modes: real, virtual, and a hybrid setup with safety offsets. It include
This MetaTrader 5 expert advisor automates an institutional-style breakout-retest strategy. It identifies structural high and low points within a defined lookback window and waits for a breakout followed by a confirmed pullback to the broken level. The EA utilizes a 50 and 200 EMA trend filter and ADX for momentum veri
The Phoelix Receiver EA is an automated execution bridge for MetaTrader 5 that translates signals from TradingView into live market positions via a Telegram API pipeline. It functions as a low-latency connector, polling a specific Telegram channel for trade instructions including entry, exit, and lot sizing. The adviso
This MetaTrader 5 expert advisor implements a volatility-driven grid strategy primarily focused on Gold. It populates a range of buy-stop and sell-stop limit orders at specified intervals around the market price. The system transitions into a trend-following mode once multiple orders are triggered in one direction, app
XM Gold AI Trader is an automated expert advisor for MetaTrader 5 that leverages a Python-based backend powered by DeepSeek AI. The system processes market data using indicators such as RSI, MACD, and Bollinger Bands to generate signals, which are transmitted via WebSocket or TCP sockets. It includes robust risk contro
Acteck QA5 is an analytical tool for MetaTrader 5 that performs quantitative analysis on historical price movements to identify trend segments and potential reversal zones. It utilizes a user-defined volatility filter in pips to categorize waves and calculates the mathematical probability of price exhaustion based on h
This MetaTrader 5 repository hosts a collection of over 90 expert advisors generated by StrategyQuant X. The robots are designed for the M15 timeframe across diverse markets including forex majors, gold, and oil. Entry signals are derived from technical indicators like Ichimoku, VWAP, and Moving Averages. Each EA featu
This MetaTrader 5 expert advisor executes trades based on daily classic pivot points combined with the engulfing candlestick pattern on the M15 timeframe. It employs a 200-period Exponential Moving Average as a trend filter to refine entries. Risk management includes a martingale lot scaling system that increases posit
PASR Modular is a MetaTrader 5 expert advisor designed for automated trading using a modular framework. It employs technical indicators like ATR for dynamic stop losses and take profits, alongside ADX for trend filtering. The system integrates machine learning components for trade inference and multi-timeframe analysis
This automated expert advisor for MetaTrader 5 executes trades based on Gann Box analysis, identifying entries at dynamic support and resistance levels. It features advanced risk controls including hard stop loss, take profit, and a trailing stop. The EA provides four capital management modes: fixed lot size, risk perc
XAU Confluence EA is an automated trading robot for MetaTrader 5, specifically tailored for the gold market. The system executes trades based on a triple-confluence strategy that integrates an exponential moving average ribbon for trend direction, Donchian Channel breakouts with volume confirmation, and a proxy-CVD ind
This MetaTrader 5 expert advisor executes trades based on price action and momentum patterns, specifically identifying strong candles relative to their recent average range. The logic incorporates Fair Value Gap (FVG) detection and moving averages to filter entries. It includes automated risk management with percentage
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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