This collection of expert advisors for MetaTrader 4 and 5 provides various automated strategies based on price action and technical indicators. The primary EA utilizes a moving average crossover system with switchable modes for different market conditions. It features a martingale lot-scaling system for sideways market
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Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
Type
Trading robot 4Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 13Utility
Strategy
Market
Refine
This MetaTrader 4 expert advisor focuses on Gold trading using institutional pivot point levels and fractal-based support and resistance zones. The robot filters entries through a combination of RSI, MACD, and moving average alignment, supplemented by a trade quality scoring system. It includes comprehensive risk contr
This repository is a collection of MetaTrader 4 expert advisors and indicators focused on aggressive trading strategies. The primary expert advisor uses a grid-based approach with martingale lot scaling to manage positions. It features multiple entry logics, including Bollinger Bands, Exponential Moving Averages, and m
AutoTrade EA is a scalping robot for MetaTrader 4 and 5 that utilizes a multi-indicator signal scoring system based on Exponential Moving Average crossovers and RSI levels. It employs an aggressive trade management strategy featuring a dynamic grid and a stepped martingale lot scaling system where position sizes increa
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 provides a collection of MetaTrader 4 expert advisors and utility tools. It includes diverse trading strategies ranging from M1 scalping and Heiken Ashi trend following to swing-based approaches. The codebase features a robust trade management framework with classes for order execution, error handling,
This repository contains a collection of MetaTrader 4 expert advisors and technical indicators focused on automated trading logic. The included robots primarily utilize martingale and grid-based strategies, featuring lot scaling and distance-based order layering. Entry signals are generated through indicators like Boll
Mql Trading Signals is a collection of expert advisors for MetaTrader 4 and 5 designed for automated trading and signal notification. The repository contains various strategy iterations, primarily utilizing Simple Moving Average (SMA) crossovers to identify trends. The main experts include logic for sending trade detai
This automated expert advisor for MetaTrader 4 and 5 trades forex using a multi-timeframe technical strategy. It identifies H1 trends with moving averages and Ichimoku clouds while timing M5 entries via MACD and RSI convergence. The system incorporates robust risk controls including equity-based lot sizing, daily loss
Puer Tigris is a MetaTrader 4 expert advisor that implements multiple entry strategies, primarily focusing on Bollinger Bands mean reversion. It features a martingale lot scaling system where position sizes are multiplied after a trade is closed, with a configurable limit on the number of recovery levels. The robot use
This repository provides a collection of automated trading systems for MetaTrader 4 and 5. The expert advisors utilize various technical indicators, including ADX, DMI, RSI, and Heiken Ashi, to determine market entry points. Some strategies are based on price action from previous candle directions. Trade management fea
This repository provides a collection of over 100 expert advisors for MetaTrader 4 and MetaTrader 5, produced using the Forex Strategy Builder software. The robots are configured for specific forex pairs including GBPUSD, USDJPY, and EURAUD on low timeframes. Trading logic typically combines multiple technical indicato
This MetaTrader 4 expert advisor utilizes an Exponential Moving Average alignment strategy for short-term trading. It identifies trend direction by comparing several EMA periods, including 5, 8, and 13, to execute market entries. The robot features built-in risk controls, including hard stop loss and take profit settin
This MetaTrader 4 repository provides a collection of expert advisors, featuring the IBandEA system designed for gold trading on the 5-minute timeframe. The robot executes trades based on price deviations from a central indicator line and specific candle high-low ranges. It incorporates risk management through a lot si
This repository contains a collection of MetaTrader 4 and MetaTrader 5 expert advisors focused on multi-indicator signal processing. The logic evaluates market conditions by aggregating data from Moving Averages, ADX, Accelerator Oscillator, Volume, and Momentum indicators across several timeframes such as M5, M15, and
This repository provides a collection of MetaTrader 4 expert advisors, with a primary focus on the Dreamguy MaCrossMarti system. The EA initiates trades based on fast and slow moving average crossovers, utilizing a long-period moving average for trend filtering. It manages positions through a grid-based approach and ma
ETTrading is a collection of MetaTrader 4 expert advisors featuring a primary channel-based scalping robot and several standard indicator-driven strategies including MACD and Moving Average crossovers. The core automated system utilizes a channel formed by moving averages to identify entry points, primarily targeting s
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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