MT4 
MT5 
This MetaTrader 5 expert advisor automates trading decisions by combining moving average crossovers with volume and momentum filters. It enters buy positions when a fast moving average crosses above a slow one, provided volume is increasing and the Relative Strength Index indicates the market is not overbought. For ris
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Free MT4 & MT5 Expert Advisors
2,116 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
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Type
Strategy
This MetaTrader 5 expert advisor utilizes a multicurrency strength system to identify trading opportunities by comparing relative currency values. It calculates strength based on a configurable lookback period, typically using H4 data, and includes triangular weighting and smoothing options. The robot manages exits usi
This collection for MetaTrader 4 and 5 provides educational examples of calculating lot sizes or stop loss levels based on account equity risk. It uses a moving average crossover strategy to enter trades, triggering orders when short-term and long-term averages intersect. The expert advisor includes logic to calculate
This expert advisor for MetaTrader 4 and 5 serves as a tutorial for implementing cooling-off periods between trade executions. It triggers entries based on a standard moving average crossover using configurable fast and slow periods. Users can restrict trade frequency by setting a minimum number of bars or minutes that
This collection for MetaTrader 5 provides several expert advisors based on classic technical indicator strategies. The primary algorithms utilize Triple and Double Moving Average crossovers filtered by ADX values to confirm trend strength before entry. A secondary strategy uses RSI-filtered engulfing candle patterns. R
The Strat MT4 EA is an experimental automated trading system designed for MetaTrader 4 based on The Strat price action framework. It utilizes candle classifications, specifically types 1, 2, and 3, to identify potential market reversals and continuations. The robot features flexible money management, allowing users to
EA HiLo is an automated trading robot for MetaTrader 4 that utilizes the HiLo Activator indicator for signal generation. It executes buy orders when the price closes above the indicator and sell orders when it closes below. The system includes a directional filter based on a moving average to confirm market trends befo
Liangxifeng MT4 Collection is a repository of MetaTrader 4 expert advisors focused on automated trading strategies. The primary EA employs a dual moving average crossover system to initiate trades and features a scaling mechanism that increases lot sizes as the market moves in favor of the position. It manages risk thr
This MetaTrader 5 expert advisor facilitates automated trading by connecting to an external Python-based reinforcement learning model. It uses socket communication to send price data to a neural network trained with the actor-critic method via TensorFlow and tf-agents. The robot is primarily designed for day trading in
AE Expert Curious is a collection of MetaTrader 4 expert advisors based on the Raghee Horner trend-following methodology. It utilizes specific Exponential Moving Average crossovers, including the 13, 21, 34, and 55-period lines, to determine market direction and momentum. The strategy incorporates several technical fil
Ledia EA Assistant is a manual trading utility for MetaTrader 4 designed to streamline order execution and risk management. It allows users to enter positions at market price or via custom entry levels while automatically detecting the required order type, such as limits or stops. The tool includes built-in calculators
This MetaTrader 4 expert advisor executes trades based on momentum oscillators, trend filters, and price action patterns. It utilizes a Stochastic oscillator alongside multiple Exponential Moving Averages to identify entry points in alignment with the prevailing trend. The logic incorporates candlestick analysis, speci
This MQL4 framework provides a structured logging utility for MetaTrader 4 developers to record system events to external files and the terminal console. It allows users to categorize messages across six severity levels: trace, debug, info, warning, error, and critical. The class manages file creation within the platfo
This automated expert advisor for MetaTrader 4 executes trades based on moving average crossovers and trend-following logic. It incorporates the Chandelier Exit method, utilizing the Average True Range and price extremes to determine market direction. Risk management is handled through user-defined stop loss and take p
Renko 2.0 Offline is a MetaTrader 5 utility designed to generate and manage Renko charts from standard price data. Instead of time-based intervals, it creates price-based bricks according to user-defined sizes in ticks, pips, or points. The expert advisor includes options for asymmetric reversals, market book monitorin
This MetaTrader 5 expert advisor functions as a foundational template for automated trading, primarily implementing a moving average crossover strategy. The software includes comprehensive trade management features such as fixed stop loss and take profit targets defined in ticks, a trailing stop mechanism, and break-ev
The Line of Division is a MetaTrader 5 expert advisor that identifies trading opportunities based on price frequency and level touches. The strategy monitors how many times a specific price is traded across various candles, entering buy or sell positions once a touch threshold is reached and the price deviates from tha
Falcon S is a rule-based expert advisor for MetaTrader 4 designed to execute trades based on external sentiment analysis data. It functions as a production bridge for decisions generated in external environments like R, reading trade triggers from CSV files. The robot operates primarily on the H1 timeframe with schedul
This MetaTrader 4 repository hosts a large collection of automated trading systems, including the Aladdin 9 FX expert advisor. This specific tool identifies entries using the Commodity Channel Index and a Moving Average filter. It operates using a grid-based logic combined with martingale lot scaling, controlled by a l
This MetaTrader 4 repository contains a collection of experts and tools focused on technical indicators and machine learning. It features an implementation of Alexander Elder's Triple Screen strategy using Exponential Moving Averages and MACD to filter trends and entries. Additionally, the collection includes a machine
MQL4 Price is a development library and utility for MetaTrader 4 that provides functions to convert between different price units including raw price, pips, and points. It serves as a framework for developers to handle decimal digit differences across various currency pairs and symbols. The repository includes a collec
Price Action Expert is a MetaTrader 4 robot that automates trade execution by combining Fibonacci levels with candlestick pattern analysis. The EA identifies the prevailing market trend through Fibonacci ratios and seeks entry signals using pin bars, engulfing patterns, and morning star formations. It features automate
This collection for MetaTrader 4 contains over eighty expert advisors and scripts primarily focused on Bollinger Band breakout strategies. The repository includes numerous variations for fixed lot sizes and specific money management settings. The included logic covers price action relative to moving averages and volati
This MetaTrader 5 expert advisor automates trading based on the Japanese Ichimoku Kinko Kyo system. It identifies market trends and generates buy or sell orders using the Tenkan-sen, Kijun-sen, and Senkou Span components. The robot includes built-in risk controls such as fixed stop loss and take profit levels, and it a
This MetaTrader 5 expert advisor executes trades based on opening range breakout logic. The system identifies a price range over a specific duration and enters positions when the market breaks through these levels. It supports multiple entry methods including market orders on candle close, resting stop orders, or limit
HCPropsController is a comprehensive management utility for MetaTrader 5 designed to safeguard prop firm accounts and facilitate local trade replication. It functions in Master, Slave, or standalone Risk Manager modes. The EA enforces various risk controls, such as daily profit and loss limits, maximum trade counts, an
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.
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
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
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
This expert advisor is designed for automated gold trading on the MetaTrader 5 platform, specifically targeting the 5-minute timeframe. It employs a scalping strategy with integrated filters for spread and volatility to qualify entries. The system includes various risk controls such as drawdown gates, weekly trading li
This MetaTrader 5 expert advisor is designed for gold trading using a combined martingale and grid approach. It uses a moving average crossover filter to determine initial entry direction. If the market moves against the position, the EA opens additional trades at fixed intervals, increasing the lot size via a multipli
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
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 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
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 repository provides a collection of MetaTrader 5 expert advisors featuring traditional technical indicators and advanced machine learning integrations. The library includes strategies based on Moving Average crossovers, MACD, and Bollinger Bands, alongside risk-heavy models like martingale and hedging systems. A c
This MetaTrader 4 collection contains automated trading systems developed by the MQL UZ team, focusing on technical analysis strategies. The primary expert advisor, Fibonacci Djamoliddin, identifies market entries using Fibonacci retracement levels and chart objects. It includes basic risk management features such as f
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
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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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