SuperMao is an automated trading robot for MetaTrader 4 that executes trades based on technical indicator configurations. The repository includes variations of the strategy, specifically utilizing Ichimoku Kinko Hyo for trend identification and a combination of Bollinger Bands with MACD crossovers for momentum-based en
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Expert Advisor Library
1,978 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 119Trade manager 1Risk & protectionNews tradingCopier & bridge 2Framework & template 2Collection 30Utility 5
Strategy
This MetaTrader 5 expert advisor implements a box breakout strategy designed for the foreign exchange market. The robot identifies price ranges during specific time windows and enters trades upon a breakout. It features a trend filter using fast and slow moving averages to align entries with broader market direction. R
Falcon A is a MetaTrader 4 robot that utilizes a k-Nearest Neighbors (kNN) classification algorithm for pattern-based trading. It follows a model-based approach where the user must first generate historical data files through a training simulation in the Strategy Tester. The system calculates entry probabilities using
Binario is a breakout expert advisor for MetaTrader 4 and 5 that utilizes a price channel constructed from two moving averages of the same period. By default, it uses a 144-period exponential moving average applied to both highs and lows. It enters trades when the price moves outside this band by a predefined pip dista
This repository contains a collection of MetaTrader 4 expert advisors, primarily focusing on trend-following and crossover strategies. The main EA utilizes moving average crossovers to detect market trends and incorporates stochastic oscillators across multiple timeframes like M15 and H1. It manages risk through percen
This MetaTrader 4 expert advisor is an automated trading system designed for technical analysis using trend and momentum indicators. It incorporates multiple exponential and simple moving averages, RSI with integrated smoothing periods, and MACD. The EA manages risk through dynamic lot sizing based on account percentag
This repository provides a collection of MetaTrader 4 expert advisors, centered around the OverLord robot which utilizes logistic regression models. OverLord determines entries by calculating price directionality over various tick counts and analyzing moving average slopes against hardcoded coefficients. In addition to
This MetaTrader 4 expert advisor executes a regime-gated breakout strategy specifically optimized for XRP and ETH markets. It operates on the H4 timeframe, utilizing Bollinger Bands for entry signals coupled with ADX and ATR filters to identify high-volatility trend environments. The EA employs a one-shot entry approac
This MetaTrader 4 repository contains a collection of expert advisors developed for the Eingana social trading project. It features multiple strategies, including a Keltner Channel-based mean-reversion system for pairs like EURNZD and EURAUD, alongside a EURUSD scalper. The robots typically enter trades when price acti
This MetaTrader 4 expert advisor implements the No Nonsense Forex (NNFX) trading algorithm. It utilizes a modular structure comprising a baseline indicator for trend direction, dual confirmation signals, and a volume filter to detect market volatility. The system includes specific NNFX rules such as the seven-candle ru
Falcon F2 is an expert advisor for MetaTrader 4 that implements model-based trading by interpreting external signals. The robot acts as an execution interface for predictions generated outside the platform, such as those from R-based models or a Decision Support Centre. It enters trades when predicted price changes exc
SR Expert is a MetaTrader 4 robot that executes trades based on price reversals at support and resistance levels. It determines key levels by analyzing daily high and low price data to calculate dynamic trading intervals. The expert advisor features automated position sizing calculated as a percentage of the account ba
This MetaTrader 4 expert advisor automates trading by combining the Relative Strength Index (RSI) with Ichimoku Kumo signals. It scans every instrument listed in the Market Watch window to identify entries across multiple pairs simultaneously. The robot includes a built-in spread filter to avoid high-cost executions an
Conservative Scalper EA is a MetaTrader 4 robot designed for intraday scalping on major currency pairs such as EURUSD, GBPUSD, and USDJPY. It determines market bias on the M15 timeframe using dual Exponential Moving Averages and enters trades on the M5 chart based on RSI levels and candle breakouts. The system prioriti
A notification utility for MetaTrader 4 that monitors multiple technical indicators to generate trade alerts. It tracks moving average crossovers, specifically the 50 and 200 periods, along with Relative Strength Index levels, Bollinger Band breakouts, and MACD confirmations. Users can configure the tool to send notifi
This MetaTrader 4 expert advisor is designed for gold scalping using a combination of Relative Strength Index and Exponential Moving Average indicators. It identifies entry points when momentum reaches specific overbought or oversold thresholds while considering moving average trends. The system manages risk through fi
PR Pivots Expert Advisor is a technical tool for MetaTrader 4 that calculates and displays daily pivot points on the chart. Using price data from the previous trading day, including high, low, and close values, it plots the central pivot level along with three resistance and three support levels. The software uses grap
Belinda EA is an automated trading robot for MetaTrader 4 that implements a trend-following strategy based on moving average crossovers. It enters long or short positions when a short-term simple moving average crosses a long-term moving average, provided a volatility filter is met. This filter compares the current Ave
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
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 expert advisor implements a trend-following strategy based on three exponential moving averages and the Stochastic oscillator. It identifies trade opportunities when two shorter-period EMAs sequentially cross a longer-period EMA. Positions are managed with fixed stop loss and take profit levels, with
This MetaTrader 4 repository contains a collection of expert advisors, primarily featuring SwapTrader. This specific EA enters and exits positions at predefined times, specifically targeting the market rollover period to account for swap rates. It includes risk management settings such as fixed or percentage-based lot
This repository contains a collection of MetaTrader 4 expert advisors designed for educational purposes. The primary strategy, named Belinda, executes trades based on moving average crossovers using a 10-period and 40-period SMA, filtered by volatility via the Average True Range indicator. The collection features sever
Falcon R is a rule-based expert advisor for MetaTrader 4 designed to identify and trade within ranging market conditions. It utilizes a combination of Keltner Channels and Moving Averages to determine entry points. The robot provides extensive trade management options, including fixed or volatility-based stop loss and
This collection of MetaTrader 4 expert advisors features several distinct trading robots including Daybreaker, Stradle, and the Signature System. The primary Daybreaker EA utilizes custom task scheduling and lookback periods to identify market entries based on volatility. It includes risk management controls such as pe
An automated trading system for MetaTrader 4 specifically designed for gold (XAUUSD) on the M5 timeframe. It features two core strategies: trend continuation and price pullbacks. The expert advisor utilizes a dual exponential moving average framework for direction and ATR for volatility filtering. Risk management is ha
Falcon D is a MetaTrader 4 expert advisor designed for the H1 timeframe, focusing on price retracement entries filtered by technical indicators. It opens positions when price deviates significantly from the daily start point in opposition to the established trend. The system incorporates filters including a long-period
EJTrader Order Flow is a technical utility for MetaTrader 4 that implements Level 2 market depth and tape reading tools. It utilizes the Bitcoin Nano API to stream order flow data directly onto the chart using various visual layouts like BookMap and volume aggression indicators. The EA manages manual trade execution wi
This automated expert advisor for MetaTrader 4 utilizes the PipFinite suite of indicators to identify market entries. It integrates the PipFinite Breakout Analyzer and Strength Meter to execute long and short positions when specific threshold levels and entry percentages are met. The EA manages risk through user-define
Slime Mold RSI is an experimental MetaTrader 4 expert advisor that implements a single-layer perceptron model to determine trade entries. The robot calculates a weighted signal value by processing Relative Strength Index data across multiple timeframes, specifically the fifteen-minute, thirty-minute, and one-hour chart
This MetaTrader 4 expert advisor implements a classic moving average crossover strategy designed for scalping forex pairs and metals. It monitors two exponential moving averages, defaulting to 8 and 21 periods, to identify momentum shifts. When a crossover is detected, the robot places pending stop orders with a specif
This MetaTrader 4 expert advisor implements a mean-reversion strategy using Bollinger Bands and the Relative Strength Index (RSI). Intended as an educational starting point for programmers, it enters trades when the price crosses specific standard deviation bands while RSI confirms overbought or oversold conditions. Th
This repository offers a collection of MetaTrader 4 expert advisors focused on technical indicator triggers and price action. The suite includes tools for trading moving average crossovers, ADX momentum, and Stochastic oscillators. A dedicated EA identifies specific candlestick patterns such as Three White Soldiers and
This MetaTrader 4 expert advisor implements a breakout strategy based on the Ichimoku Kinko Hyo indicator. It scans all financial instruments visible in the Market Watch window to identify price movements relative to the Ichimoku cloud. The robot enters buy positions when a 15-minute candle opens below the Kumo top and
Tre Boll Trend is a MetaTrader 4 Expert Advisor designed to identify and trade market trends using multi-timeframe Bollinger Band analysis. The system processes data from timeframes ranging from five minutes to one day, calculating advanced metrics such as price velocity, acceleration, and standard deviation. It monito
MT4 News Trade Manager is a utility for MetaTrader 4 designed to handle trade exits during high-volatility news events. It automatically applies stop loss and take profit levels to orders and features a break-even function to protect gains. The tool includes specialized Spike Take Profit logic that closes positions bas
This MetaTrader 4 expert advisor implements a trend-following strategy using two Simple Moving Averages. It is specifically pre-configured for the CHFJPY currency pair on the 30-minute timeframe. The robot identifies entries when a fast 145-period SMA and a slow 250-period SMA align, placing pending orders rather than
Open Expert Advisor is a mean-reversion trading robot for MetaTrader 4, primarily designed for Swiss Franc pairs such as EURCHF. It executes trades based on overbought and oversold price levels, specifically during the transition at the end of the New York trading session. The system manages risk through adjustable lot
This repository contains a collection of MetaTrader 4 expert advisors, including implementations based on Moving Averages and MACD indicators. The primary EA uses a moving average crossover strategy to identify entry points and manage positions. It features a lot-sizing module that adjusts volume based on available mar
XLiquidex is an impulsive volatility breakout robot for MetaTrader 4. It identifies entry signals using Keltner Channel breakouts, Moving Average filters, and a candle body range requirement to verify momentum. The expert advisor includes trade management features such as take profit, stop loss, break-even offsets, and
This MetaTrader 4 expert advisor connects to a Python FastAPI backend to facilitate automated trading based on Claude AI signals. The system transmits market data to the server, which performs multi-indicator analysis and sentiment processing before returning trade recommendations. It features multi-timeframe trend fil
MQ Autonomous is a momentum breakout expert advisor for MetaTrader 4 and MetaTrader 5. It scans multiple assets simultaneously for significant daily price movements exceeding a specified percentage. Once a threshold is met, the system seeks entries based on price breaking recent highs or lows, supported by a volume ave
Span Model Trader is an automated expert advisor for MetaTrader 4 that utilizes the Span Model and Super Bollinger technical indicators. It identifies entry and exit signals based on components such as the Blue Span and Delayed Span. The robot operates on a bar-by-bar basis, executing logic only at the opening of a new
This MetaTrader 4 expert advisor is designed specifically for the EURUSD pair, focusing on price surge detection and subsequent pullback entries. It identifies significant volatility using ATR and candlestick body ratios, entering trades during correction phases. The robot incorporates multi-timeframe analysis across M
This MetaTrader 4 expert advisor implements a multi-strategy approach for trading various currency pairs and gold. It combines technical indicators including Moving Averages, RSI, Bollinger Bands, and ADX with price action concepts such as support, resistance, and engulfing patterns. The EA features risk management too
This repository contains a collection of Expert Advisors and trading tools developed for the MetaTrader 4 platform. It features multiple standalone scripts implementing classic technical strategies, including Ichimoku Cloud trend following, Moving Average crossovers, and momentum-based entries using RSI or MACD. The Ex
This MetaTrader 4 expert advisor implements a breakout strategy using Bollinger Bands, the Relative Strength Index (RSI), and a Simple Moving Average (SMA). Optimized for AUD/JPY, it identifies periods of low volatility through a Bollinger Band squeeze before entering trades on a price breakout confirmed by RSI momentu
This repository features MetaTrader 4 expert advisor templates focused on technical indicator integration and price action patterns. The included files utilize simple and exponential moving averages alongside fractal and candlestick pattern detection, such as hammers and stars. Trade management is handled through time-
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.
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