This MetaTrader 5 expert advisor implements a multi-timeframe strategy based on Dow Theory and Granville's Laws. It analyzes market structure across H4, M15, and M5 intervals using EMA, RCI, and MACD indicators. Trades are executed based on a proprietary scoring system that requires a minimum point threshold for entry.
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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.
Type
Strategy
RB Xauusd Mt5 is a research-grade expert advisor for MetaTrader 5 focused on gold trading. It uses a systematic approach incorporating a 50/200 EMA bias on the H1 timeframe, structural analysis on M15, and volatility filtering via ATR and ADX on the M1 timeframe. The strategy incorporates complex risk management tools,
This MetaTrader 5 expert advisor automates trend-following strategies for Forex pairs and Gold. It analyzes the market using a multi-timeframe approach, referencing H4 and H1 Exponential Moving Averages to establish trend direction. Entry signals are refined with indicators including the Average Directional Index, Rela
This MetaTrader 5 expert advisor executes an intraday breakout strategy based on the volatility of the first five-minute candle of the trading day. It calculates eight distinct price levels using percentage deviations from the session midpoint and high/low ranges. The system monitors for price crossovers at specific th
Gold Liquidity Hunter Pro is a MetaTrader 5 expert advisor designed for trading gold and indices using Smart Money Concepts and ICT principles. It determines market direction using a daily 200 EMA bias and identifies entries based on H4 order blocks. The system includes multiple volatility and trend filters, such as AD
A MetaTrader 5 expert advisor designed for range-based reversal trading, primarily optimized for XAUUSD on the M5 timeframe. It identifies sideways markets by monitoring price touches at support and resistance levels over a defined lookback period. The robot filters entries using RSI, ADX, and candle patterns such as e
This MetaTrader 5 expert advisor is a multi-layered trading system specifically designed for BTCUSD. It utilizes a hierarchical decision logic that analyzes macro bias on the H4 timeframe, maps support and resistance on the H1 timeframe, and confirms structure changes on M15 before executing trades on the M5 timeframe.
This MetaTrader 5 expert advisor implements a multi-timeframe trading strategy across H4, M15, and M5 intervals. It executes trades based on confluence between Fibonacci levels, liquidity zones, and market regime analysis. The robot manages risk through defined per-trade percentages, daily loss limits, and weekly drawd
This MetaTrader 5 expert advisor is designed for gold scalping on the M1 timeframe. It identifies significant price movements by comparing candle size against an Average True Range multiplier. Upon detecting a large candle, the robot places both buy stop and sell stop orders at the candle's midpoint. When one order is
MADR Brothers is a MetaTrader 5 expert advisor that utilizes multi-timeframe Moving Average Deviation Rates to identify trading opportunities. It filters market trends using a long-period MADR on higher timeframes while entering trades based on overbought or oversold levels of a shorter-period MADR. The system includes
WannaBeQuant Strategy Selection is a multi-strategy expert advisor for MetaTrader 5 designed to trade cryptocurrency and equity markets. It combines six distinct trading logic modules, including Ichimoku trend following, mean reversion, and breakout strategies. The EA executes on a timer-based loop rather than every ti
FX Volume80 Trend Highway Runner is a multi-strategy scalping robot for MetaTrader 5, optimized for the M1 timeframe. It employs a weighted scoring system that evaluates candlestick patterns, ADX momentum, and market structure to identify entries. The EA features specialized logic for trend continuation and mean-revers
This MetaTrader 5 expert advisor executes multiple trading strategies simultaneously, allowing users to allocate capital percentages between different modules like high-frequency trading, scalping, and custom XBTFX logic. It includes comprehensive risk management features such as a maximum daily loss percentage, per-tr
This MetaTrader 5 expert advisor executes trades based on Renko chart patterns, specifically optimized for Bitcoin markets like BTCUSD. Instead of standard timeframes, the system uses fixed dollar-value brick sizes to filter price noise and identify trends. It features automated risk management through percentage-based
This MetaTrader 5 Expert Advisor functions as a bridge for TradingView alerts, processing signals through a Python-based webhook server. It executes a mechanical strategy involving trend following, Fair Value Gaps, and structural changes like Break of Structure. The EA includes sophisticated risk management such as dyn
This expert advisor for MetaTrader 5 implements an automated breakout strategy based on the high and low points of the previous candle. It monitors the market for price breaches above the previous high to initiate long positions or below the previous low for short positions. The bot includes basic risk management contr
This MetaTrader 5 expert advisor automates several price action strategies, including pin bar reversals at support and resistance levels, trendline bounces, and break-and-retest patterns. The robot employs multi-timeframe analysis to align entries with higher timeframe trends. Risk controls include percentage-based pos
This MetaTrader 5 expert advisor is designed for XAUUSD on the M5 timeframe using a confluence scoring system. It evaluates market conditions using five indicators: EMA, MACD, RSI, Stochastic, and ADX, assigning a point value to determine entry viability. The robot features three predefined risk modes—Safe, Balanced, a
LQS AI Institutional Engine is a MetaTrader 5 robot designed for trading gold using market microstructure analysis. It combines four analytical modules focusing on liquidity sweeps, order flow divergence, Wyckoff accumulation and distribution phases, and multiple anchored VWAP levels. The system features an integrated
This MetaTrader 5 expert advisor collection employs institutional trading concepts to execute trades across forex, commodities, and cryptocurrency markets. It utilizes a dual-timeframe approach, analyzing the H1 chart for trend direction and M15 for execution. Entry signals require multiple confirmations from RSI, MACD
Bakome Hash EA is a trend-following expert advisor for MetaTrader 5 that combines Exponential Moving Average crossovers with RSI momentum filtering. It initiates trades based on the interaction between fast and slow EMAs while confirming momentum through RSI levels. The robot utilizes Average True Range for calculated
Bakome Bitcoin EA is a trend-following robot optimized for trading BTCUSD on the MetaTrader 5 platform. It generates trade signals using an exponential moving average crossover combined with price breakouts on the H1 timeframe. The system features a grid recovery module that adds positions with a lot multiplier when tr
This MetaTrader 5 expert advisor is designed for gold trading using an adaptive, modular architecture. It features a regime detector that switches between trend-following, mean reversion, and breakout strategies based on market conditions. The system utilizes exponential moving averages, ADX for trend strength, and RSI
This multi-asset MetaTrader 5 expert advisor is designed for gold, forex, and cryptocurrency markets, specifically XAUUSD, GBPUSD, and BTCUSD. It focuses on a single-position approach, explicitly avoiding grid or martingale techniques. Trade entries are managed through session filters for London and New York and are pr
This expert advisor for MetaTrader 5 utilizes an advanced modular architecture focused on market regimes and decision consensus. It implements a Council-based execution system that evaluates quality scores, spread fractions, and consensus levels before triggering trades. The system features an AI evolution engine desig
This MetaTrader 5 expert advisor acts as a bridge between the trading terminal and an external Python-based AI server. It extracts market data and technical indicators—including EMA, RSI, ATR, and ADX across multiple timeframes—to request trade signals via ZeroMQ, TCP, or file-based communication. The EA manages trade
This MetaTrader 5 expert advisor implements a specialized opening range breakout strategy for gold (XAUUSD) on the M1 timeframe. It specifically targets the Monday market opening by monitoring price action during the first few minutes of the session to establish a high-low range. The robot enters a buy or sell position
An event-driven expert advisor for MetaTrader 5 designed specifically for gold. It monitors rapid price movements or stretches to identify entry points, utilizing an exponential moving average for signal smoothing. The strategy focuses on momentum by entering trades after identifying specific price peaks and ignition m
Crystal Light is a MetaTrader 5 expert advisor specifically configured for XAUJPY on the M3 timeframe. It employs a confluence-based strategy using buy and sell differentials to trigger entries. The system features independent take profit levels, a trailing stop with adjustable buffers, and a risk-based auto-lot sizing
This MetaTrader 5 expert advisor implements a mean-reversion strategy based on the Relative Strength Index. It replaces traditional static oversold and overbought levels with dynamic extremes calculated from historical volatility. The bot utilizes a multi-entry grid approach, opening up to fifteen averaged positions to
This MetaTrader 5 expert advisor executes a trend-following strategy based on Donchian Channel breakouts and MACD filters across multiple timeframes. It utilizes a higher timeframe for trend direction while identifying entry opportunities on lower timeframes. The robot includes a trend memory mode designed to manage en
Scalp Gold EA is a MetaTrader 5 robot primarily optimized for XAUUSD and major forex pairs. It employs a multi-tiered entry system that selects risk levels based on setup confluence and H4 trend alignment via moving averages. Entries are further filtered by ADX momentum and volatility checks. The EA manages risk with a
This MetaTrader 5 expert advisor implements a trend-following strategy using Exponential Moving Average crossovers and Relative Strength Index momentum confirmation. It enters trades based on trend direction and exits using Average True Range derived stop loss and take profit levels. The system includes robust risk man
This MetaTrader 5 expert advisor implements a mean-reversion day-trading strategy using Bollinger Bands and the Relative Strength Index. It identifies overextended price movements where a candle closes significantly outside the bands with confirming RSI overbought or oversold levels. The robot enters trades on a price
GoldPulse BurstTrend is an automated trading robot for MetaTrader 5 designed to capture momentum within established trends. It employs a multi-timeframe logic, analyzing the H1 and M5 periods for overall bias while using the M1 timeframe for trade execution. The system filters entries using EMA crossovers, ADX strength
GoldenGauss EA V4 is a neural network-based trading robot for MetaTrader 5 that utilizes machine learning models to identify market entries. It employs an Average True Range based system for calculating dynamic stop loss, take profit, and trailing stop levels. The EA includes a time filter for specific trading sessions
Fast Scalper is an Expert Advisor for MetaTrader 5 that executes trades based on price ranges and tick velocity. It monitors short-term and long-term price extremes using 40-candle and 200-candle lookback periods to establish market context. The system incorporates a hedging mechanism to manage open positions, using sp
This MetaTrader 5 expert advisor utilizes an XGBoost machine learning model exported via the ONNX format to identify trading opportunities. It enters trades based on classification probabilities and a minimum gap between prediction classes. The system features extensive risk controls, including stop loss and take profi
This MetaTrader 5 expert advisor implements core Inner Circle Trader (ICT) concepts including Fair Value Gaps (FVG), liquidity sweeps, and Market Structure Shifts (MSS). It executes trades based on price imbalances and displacement, utilizing session-based filters for London and New York kill zones. Risk management fea
Adaptive Quant Grid is an automated trading system for MetaTrader 5 that utilizes a dynamic grid strategy. It adjusts grid spacing based on market volatility using the Average True Range indicator and includes a regime filter powered by ADX and EMA to distinguish between trending and ranging markets. The EA supports sy
This MetaTrader 5 expert advisor integrates Large Language Models such as OpenAI and Anthropic Claude with technical analysis to automate trading across forex, gold, crypto, and indices. It utilizes a confluence scoring system based on Smart Money Concepts, Ichimoku Cloud, and standard indicators like RSI and MACD. The
This MetaTrader 5 expert advisor implements a trend-following strategy using Moving Average crossovers and Relative Strength Index (RSI) signals. The robot enters trades when a fast EMA crosses a slow EMA, provided the RSI confirms momentum. Risk management is handled through ATR-based stop loss and take profit calcula
Apex Leviathan is a multi-indicator expert advisor for MetaTrader 5 that combines technical analysis with external AI validation. It calculates a trade score using moving averages across H4, H1, and M30 timeframes, alongside RSI and MACD data. If a score threshold is met, the robot optionally consults the Google Gemini
Xauusdt MT5 is an automated trading robot for MetaTrader 5, specifically optimized for gold trading. It executes a grid-based strategy with martingale lot scaling, where position sizes are increased by a user-defined multiplier after losses. The system features a dual-stage grid distance mechanism that adjusts spacing
UltraHFT Expert Advisor is a high-frequency scalping robot for MetaTrader 5 that combines five strategy layers including EMA crossovers, RSI mean reversion, and volatility breakouts. It evaluates market conditions on every tick, entering trades when multiple signals align. The system employs strict risk controls with h
This MetaTrader 5 expert advisor implements a multi-pair grid and dollar-cost averaging strategy. It monitors a configurable list of currency pairs and determines trade direction using a moving average trend filter. When price moves against an initial position, the bot opens additional levels using fixed, additive, or
This MetaTrader 5 expert advisor identifies and trades a proprietary geometric P4 swing pattern. It scans for a multi-point price skeleton using historical data and triggers entries at P4 when specific price ratios and time constraints are met. The system requires an account in hedging mode to manage trade-specific sna
Ravan EA is a multi-indicator confluence trading robot for MetaTrader 5. It utilizes a scoring engine based on seven indicators, including EMA crossovers, Supertrend, ADX, RSI, automated support and resistance levels, candlestick patterns, and volume analysis. The expert advisor enters trades when a user-defined signal
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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