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
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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
Strategy
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
This MetaTrader 5 expert advisor identifies daily support and resistance levels for gold based on price action at 08:00 SGT. It calculates entry points using specific candle patterns and includes ATR-based take-profit targets. The system manages risk through fixed lot sizes or equity percentage, utilizing stop losses a
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
Steadx is an Expert Advisor for MetaTrader 5 that automates various Smart Money Concepts and ICT strategies. It utilizes multiple entry models, including Order Block and Fair Value Gap confluences, the Unicorn model, and liquidity sweeps during specific sessions. The system filters trades using higher-timeframe trend a
This MetaTrader 5 expert advisor implements a multi-layer Long Short-Term Memory (LSTM) neural network for automated trading. It leverages a custom CUDA-accelerated DLL to handle intensive GPU computations, including asynchronous training and batch inference. The strategy processes data from three configurable timefram
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 serves as a bridge for the NautilusTrader Rust engine, enabling high-frequency trading strategies. It focuses on order flow analysis and order book imbalance through a dedicated DLL integration. The EA manages execution using either fixed lot sizes or percentage-based risk, with built-i
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
SNRZ Bot is an automated trading system for MetaTrader 5 that implements a support and resistance breakout strategy. It identifies significant price levels requiring at least two touches and enters trades when price breaks and subsequently pulls back to these zones. The expert advisor includes built-in risk management
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
Straddle TP SL EA is a breakout robot for MetaTrader 5, specifically optimized for gold trading. It implements a straddle strategy by placing buy-stop and sell-stop orders at the boundaries of a recent price range, typically using the last M5 candle. The EA includes risk management features such as ATR-adaptive stop lo
Celebro XAU is a microtick scalping robot for MetaTrader 5, specifically developed for gold trading. It analyzes short-horizon price velocity, acceleration, and uptick imbalance using a rolling tick buffer to identify entry points. The system manages risk through automated position sizing based on account equity, manda
This expert advisor for MetaTrader 5 automates gold (XAUUSD) trading based on a Moving Average Convergence Divergence (MACD) crossover strategy. It enters long positions when the MACD line crosses above the signal line with a positive histogram, and short positions for the opposite crossover. Risk management features i
This MetaTrader 5 expert advisor automates trading using the previous day high and low levels as support and resistance. It monitors price reactions at these key daily zones to execute reversal entries or breakout trades based on configurable point distances. The EA manages risk through fixed stop loss and take profit
This MetaTrader 4 expert advisor is designed for XAUUSD scalping on the M1 timeframe. It switches logic based on market regimes: in trending markets, it follows the higher timeframe direction using EMA reversals and breakout entries, while in ranging markets, it executes trades based on liquidity sweeps at price extrem
PCI EA is a MetaTrader 5 algorithmic trading system designed for XAUUSD. It utilizes statistical mechanics and Shannon entropy to measure market chaos and identify trade entries. The architecture comprises a modular system including a quantum engine for signal generation, a Z-score validator for trade filtering, and a
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
TitanAI 4H Range Scalper is a MetaTrader 5 expert advisor that executes a range rejection strategy based on the 00:00 New York H4 candle. The EA identifies a fixed daily range and monitors for false breakouts or liquidity sweeps, entering a trade when price closes back within the range boundaries. It features robust ri
This MetaTrader 5 expert advisor suite contains two separate robots designed for scalping Gold and Bitcoin. The Gold Scalper functions during specific market sessions, while the Bitcoin Scalper trades continuously. Both tools utilize a moving average crossover system to place buy and sell stop orders at predefined dist
This MetaTrader 4 expert advisor implements a mean-reversion strategy using Z-score analysis of VWAP log-returns. Instead of fixed parameters, the system dynamically calculates an optimal lookback window by comparing observed price volatility against theoretical random walk models. The EA enters trades when price retur
This MetaTrader 5 expert advisor integrates with OpenAI API models, specifically GPT-4o, to analyze market data and generate trading signals. The tool sends a configurable number of recent chart bars to the AI model for processing and can execute trades automatically based on the response. It includes a chat-style inte
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
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
This MetaTrader 5 Expert Advisor is a research-oriented tool designed for systematic trading of USTEC/Nasdaq CFDs. It employs a trend-following logic using Exponential Moving Average crossovers and ADX filters to identify entries on the M5 timeframe during specific trading sessions. Risk is managed through ATR-based dy
FXTR1 is a modular Expert Advisor for MetaTrader 5 designed with a source-first development approach. It features a strategy selection engine that includes a moving average crossover system and a pivot gravity strategy. The crossover strategy supports optional ATR-based volatility exits, while the pivot system uses ban
Smart Trader Forex is an automated expert advisor for MetaTrader 5 that employs dual strategies for trend following and mean-reversion scalping. It monitors over 15 currency pairs simultaneously using a multi-symbol scanner and a signal quality filter. Risk management includes ATR-based stop losses, trailing stops, and
This MetaTrader 4 expert advisor implements a foundational trend-following strategy based on a 20-period Exponential Moving Average. It enters long positions when the market price trades above the average and short positions when it trades below. The code is designed as a template for users of the book Options Trading
This MetaTrader 5 expert advisor automates the Breakout-To-Market-Maker (BTMM) strategy, featuring eight distinct intraday setups including M/W patterns, NYC reversals, and EMA200 bounces. It employs a signal arbitration engine to score and prioritize trades based on confluence, liquidity, and regime alignment. Risk ma
This Expert Advisor for MetaTrader 5 implements a trend-following strategy on the H4 timeframe by identifying pullbacks to the 50-period Exponential Moving Average. It utilizes the 200 EMA to define the primary trend and the 21 EMA to confirm momentum recovery after a pullback. The EA enters trades based on price rejec
MT5 AutoEA is a multi-strategy trading robot for MetaTrader 5 that utilizes an ensemble approach to market participation. It incorporates over twenty modular strategies, including trend following, mean reversion, and breakouts, which can be toggled individually. The EA supports two execution modes: a portfolio mode for
ZoneTrader Pro is an automated trading robot for MetaTrader 5 that identifies and trades supply and demand zones based on price context. It features a granular session filter allowing users to enable or disable trading for specific hours of the day. The EA manages risk through a daily profit and loss protector, a news
This MetaTrader 5 expert advisor executes trades based on Renko chart patterns. It features an internal calculation engine that supports both fixed point-based brick sizes and dynamic ATR-based sizing. The system includes visual on-chart drawing of Renko bricks to provide a custom price perspective. Trade management is
Advanced KT Trader is a price action robot for MetaTrader 5 that specializes in trading the Kangaroo Tail candlestick pattern. It employs a sophisticated scoring system to filter entries based on tail-to-body ratios and candle positioning. The strategy integrates support and resistance zone confluence alongside 200 EMA
Master Trader is an automated expert advisor for MetaTrader 5 that utilizes a multi-strategy engine based on UT Bot, Donchian Channels, and candlestick patterns. It analyzes market conditions across several timeframes, including M3, M5, and M15, to identify trend reversals and wick rejections. The EA features advanced
This MetaTrader 5 expert advisor implements a comprehensive Smart Money Concepts strategy, detecting market structure shifts through Break of Structure and Change of Character events. It monitors Fair Value Gaps and liquidity sweeps to identify entry points across multiple timeframes. The system offers several executio
This MetaTrader 5 expert advisor automates trading based on Smart Money Concepts (SMC). It analyzes market structure across multiple timeframes, specifically looking for liquidity grabs, order blocks, and fair value gaps. The robot includes risk management features such as percentage-based lot sizing and multiple take-
This MetaTrader 5 expert advisor implements a multi-timeframe trading strategy across M1, M5, and M15 intervals. It utilizes a seven-period Exponential Moving Average system ranging from EMA 30 to EMA 60 to identify market conditions. When EMAs are aligned, it executes trend-following trades; in consolidated markets, i
This Expert Advisor for MetaTrader 5 implements a mean reversion strategy utilizing Bollinger Bands and a 200-period Exponential Moving Average. It monitors market volatility through band distance and enters trades when price action returns inside the bands following a breakout. The system executes logic only at the st
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.
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
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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