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
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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 35Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 13Utility 1
Strategy
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
Mad Pound Profits is a MetaTrader 4 expert advisor that automates trading based on structural breakouts and price action. The system utilizes time-specific analysis windows throughout the day to identify entry opportunities. It incorporates technical elements such as Fibonacci levels, momentum indicators, and mean reve
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
Session Sauce is an automated expert advisor for MetaTrader 4 designed to trade market session transitions and price extremes. It allows users to configure entries based on session opens, highs, and lows for the New York, London, and Asian sessions. The EA includes risk management features such as fixed stop losses, ta
This collection of expert advisors for MetaTrader 4 and 5 provides various automated strategies for forex markets. A core component is the Gareth Range Breakout, which defines specific time-based price zones and executes trades when price breaks those boundaries. It includes risk controls such as stop loss and take pro
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
This MetaTrader 4 expert advisor automates trading on the foreign exchange market, with specific testing historicals for GBPUSD on the five-minute timeframe. It focuses on intraday logic, allowing users to define specific trading windows and maximum daily trade limits. Risk controls include dynamic lot sizing based on
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
GitGpa is an extensive repository of MetaTrader 4 expert advisors, primarily featuring implementations of the OzFX strategy alongside various technical indicator-based bots. The collection includes tools for trend chasing, breakout trading, and moving average crossovers. These experts incorporate multiple risk manageme
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
This repository provides a diverse collection of MetaTrader 4 and MetaTrader 5 expert advisors covering multiple trading methodologies. It includes robots for smart money concepts with fair value gap detection, Joe Ross hook patterns, and volatility-based scalping. The library features specific tools for XAUUSD and mul
This collection for MetaTrader 4 features several expert advisors, primarily centered on the Candlestick Breakout Scalper. The lead tool monitors price action relative to previous candle highs and lows to identify breakout opportunities. It incorporates stochastic filters to confirm entries and supports specific tradin
This repository for MetaTrader 4 contains a series of expert advisors based on the Bystruev algorithm. The core logic focuses on price velocity and spread monitoring to place pending stop or limit orders. Trade management includes a global stop loss and a trailing profit mechanism that activates once a specific percent
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
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
This repository provides a collection of MetaTrader 4 expert advisors developed for algorithmic trading research. The library includes multiple distinct robots such as the Turtle strategy, Keltner channel candlestick patterns, and volatility-based breakouts. Each EA implements various risk controls including ATR-based
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
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
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 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 MetaTrader 4 expert advisor executes a trend-following strategy based on a 20-period Donchian Channel and a 200-period Exponential Moving Average. It enters long positions when price breaks above the 20-candle high while staying above the EMA 200, and short positions when price falls below the 20-candle low while
This MetaTrader 4 expert advisor executes a breakout strategy based on price extremes established during specific trading hours. It identifies the high and low levels from recent hourly candles and enters positions when price breaches these thresholds. The EA includes automated risk management features such as dynamic
This MetaTrader 4 expert advisor executes trades based on Average True Range volatility patterns. It identifies breakout opportunities by comparing current ATR levels against the previous day's peak and trough, targeting periods of increasing volatility at the start of the trading session. The robot places pending limi
This MetaTrader 4 expert advisor executes trades based on the Ichimoku Kinko Hyo indicator. It incorporates four distinct trading methods: the Ideal Strategy, Tenkan-Kijun-Chikou crossing, Kumo breakout, and Chikou Span crossing. The robot manages risk through fixed stop loss and take profit levels, a maximum trade lim
A MetaTrader 4 expert advisor collection primarily focused on range breakout and BBMA strategies. The breakout EA identifies price ranges within a specific time window, executing trades based on price movement outside these boundaries. It includes risk management features such as stop loss, take profit with step-based
This MetaTrader 4 expert advisor utilizes the SuperTrend and Bollinger Bands indicators to identify market entries. It monitors for trend changes, breakouts, corrections, and pullbacks. The EA incorporates several risk management tools, including a configurable stop loss, dynamic stop loss logic, and a trailing stop. I
Zyb EA Collection offers various MetaTrader 4 and 5 expert advisors that implement breakout, scalping, and grid-based trading. The primary strategy uses martingale lot scaling with a multiplier, allowing users to configure tiered step distances and position counts. It features price-level restrictions to prevent buying
This MetaTrader 4 robot implements a grid-based hedging strategy triggered by inside bar price formations. It places multiple pending orders on both sides of a breakout and uses martingale lot scaling to increase position sizes for subsequent entries. The expert advisor is designed for the H4 and Daily timeframes, util
Liquidity Scalper is an automated expert advisor for XAUUSD (Gold) on MetaTrader 4 and 5. It executes trades based on institutional order flow and Smart Money Concepts, specifically targeting liquidity sweeps followed by market displacement. The system identifies order blocks and enters on either retests or momentum-ba
This expert advisor is designed specifically for trading gold on the MetaTrader 4 platform. It employs a hybrid strategy approach, allowing users to toggle between trend following using moving average crossovers, mean reversion via RSI and Stochastic divergence, and breakout patterns. Trade management includes automate
GM Remake is an automated trading robot for MetaTrader 4 that executes a multi-stage martingale strategy. It initiates trades based on price breakout logic and manages drawdowns by layering additional positions at user-defined distances. To refine entries, the EA utilizes dual exponential moving averages and MACD trend
This repository contains a collection of MetaTrader 4 and MetaTrader 5 utilities focused on technical analysis and automated trading. Key expert advisors include a binary options dashboard that monitors RSI levels and trendline breakouts across multiple timeframes, and a currency strength trader for automated entries.
This MetaTrader 4 expert advisor automates trading based on Gann Fan theory by identifying trend angles from recent swing highs and lows. It enters the market using buy and sell stop orders placed at specific distances from detected Gann lines. The robot includes risk management features such as fixed stop loss, take p
Pathfinder 2025 is a breakout expert advisor for MetaTrader 4 that manages dynamic Buy Stop and Sell Stop orders relative to the current market price. It continuously updates pending orders based on price movement thresholds and time intervals to capture volatility. Trade entries are filtered by candlestick body size t
This MetaTrader 4 expert advisor implements a classic Ichimoku Kinko Hyo strategy, primarily optimized for the Nasdaq 100. It enters trades based on price breakouts through the Kumo cloud, SMA 50, and EMA 200, with additional confirmation from the Chikou Span and higher timeframe H4 Kijun levels. The robot handles trad
GenX Silver is an automated trading robot for MetaTrader 4 that executes trades based on specific time-based liquidity windows. It targets the London open and two separate New York sessions, aligning with Silver Bullet strategy concepts. The expert advisor allows users to define trading volumes and utilizes a fixed ris
Forex Cruise System is a MetaTrader 4 expert advisor that executes a breakout strategy based on price movements during the US and European session openings. The robot identifies a price range within a specific morning time window and enters trades when price breaks beyond defined thresholds. It includes integrated risk
This MetaTrader 4 expert advisor executes trades based on a price-action strategy involving dynamic horizontal bands. The bot identifies entries by tracking price interactions with median levels and subsequent breakouts of upper or lower band boundaries, filtered by RSI indicator readings. It features automated risk ma
This MetaTrader 4 expert advisor automates trading using a combination of support and resistance levels, Fibonacci retracements, and Marubozu candlestick patterns. It calculates and visualizes pivot points, support zones, and resistance zones across daily, weekly, and monthly timeframes. The robot identifies entries ba
This repository provides a collection of MetaTrader 4 expert advisors designed for forex and digital markets. The primary expert advisor implements a breakout strategy by placing buy and sell stop orders at a specific distance from the previous day's high and low prices. It includes automated trade management features
This MetaTrader 4 robot automates a breakout strategy focused on the London and New York trading sessions. It identifies price ranges over a set number of bars and executes trades when price breaks above or below these levels. The EA includes an Exponential Moving Average filter to align trades with the prevailing tren
Break Time UJ is a MetaTrader 4 expert advisor that automates a breakout strategy triggered at a specific time of day. It identifies support and resistance levels using the BreakOut PANCA EAGLE custom indicator and applies a 60-period Exponential Moving Average as a trend filter. The EA manages risk through a trailing
Michael Balack EA is a collection of MetaTrader 4 scripts and automated trading tools, primarily focusing on session-based range breakouts. The main expert advisor identifies the minimum and maximum price levels during a specific user-defined time window. It manages trades using fixed lot sizing and includes parameters
News Catcher EA is an automated trading robot for MetaTrader 4 designed to trade market volatility typically associated with news events. It functions by placing pending buy and sell orders at a specific distance from the current price at a pre-defined start time. The EA manages trades using a configurable trailing sto
This collection of MetaTrader 4 expert advisors from 2013 focuses on trend-following and breakout strategies. The primary logic utilizes daily timeframe trend analysis to determine entry points on the five-minute chart. The system manages trades through automated risk controls, including fixed stop losses and a multi-t
This MetaTrader 4 expert advisor executes a breakout strategy by interfacing with the ACB Breakout Arrows indicator. It manages trades using multiple exit methods, including split targets or single-level closures. Risk is controlled through percentage-based stop loss calculations and an optional daily Exponential Movin
This MetaTrader 4 expert advisor is designed specifically to trade high-impact Non-Farm Payroll news events on USD currency pairs. It functions by placing a straddle of buy and sell pending orders at a set distance from the market price shortly before the news release. Once the market breaks out and triggers one order,
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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