LIVMOR is a MetaTrader 4 expert advisor found within this repository of over fifty automated trading tools. It utilizes technical indicators such as MACD, Stochastic, and moving averages to identify entry points, while also offering manual price entry options. The EA manages risk through user-defined stop loss and take
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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
Trading robot 19Trade managerRisk & protectionNews tradingCopier & bridge 2Framework & template 2Collection 40Utility 1
Strategy
Market
This repository contains the MQL source code used by Forex Strategy Builder Professional to export automated trading strategies to MetaTrader 4 and MetaTrader 5. It serves as a standardized template for executing technical strategies generated by the software, handling order execution and trade management. The EA inclu
This repository provides a collection of MetaTrader 4 expert advisors, notably featuring a grid-based trading system. The mGRID EA executes trades by placing multiple pending buy and sell stop orders at fixed pip increments, attempting to capture price movement in either direction. It offers risk controls through confi
This expert advisor bridges MetaTrader 4 and MetaTrader 5 with Telegram to facilitate signal-based trading and remote account management. It can execute trades from external signals or generate its own alerts using built-in indicators such as Ichimoku, Bollinger Bands, and Momentum. The software includes the ability to
Parallel Strategies is a MetaTrader 4 expert advisor designed to execute multiple independent technical strategies simultaneously. It includes modules for Moving Average crossovers, MACD breakouts, Heiken Ashi signals, and a hybrid Heiken-MACD system. Each strategy operates with a unique magic number to allow concurren
This MetaTrader 4 repository contains a collection of expert advisors, primarily focused on the MultiTrader dashboard and various technical utility robots. MultiTrader functions as a multi-symbol management tool that monitors dozens of currency pairs simultaneously, using high and low percentage levels for trade execut
This repository features a vast collection of over 1,100 open-source Expert Advisors for the MetaTrader 4 platform. It serves as an educational library containing diverse trading strategies, including trend following, breakout, scalping, and mean-reversion systems. The collection explicitly includes high-risk methodolo
MultiTrader is a multi-currency expert advisor for MetaTrader 4 and MetaTrader 5 that executes trades across multiple forex instruments concurrently. It uses a modular system of filters to generate entry and exit signals based on various technical indicators. The EA manages risk through fixed or trailing stop losses, b
This MetaTrader 4 expert advisor facilitates automated trading based on asset correlations across various markets. It identifies opportunities within a predefined list of symbols, including forex pairs, cryptocurrencies, gold, and equity indices. The EA manages entries based on the relationship between these instrument
This repository contains a collection of over sixty experimental expert advisors for the MetaTrader 4 platform. The core functionality revolves around the Model Maker series, which uses statistical iterations to generate and test trading logic based on various input types and comparers. The system evaluates potential s
This MetaTrader 4 repository contains a collection of expert advisors, primarily featuring the Chaos Theory EA. This robot combines several trading methodologies including Bill Williams' Chaos Theory, Trading Made Simple, and THV3 to trade multiple currency pairs simultaneously. It utilizes technical filters such as Su
This MetaTrader 4 expert advisor implements a flexible strategy based on the directional consensus of multiple technical indicators. It allows users to combine Moving Averages, Stochastic Oscillators, THV3 T3, Babon Slope, and AMA Optimized modules. A trade is initiated only when all selected indicators align in the sa
This repository is a large collection of over 2,400 MetaTrader 4 and 5 files, including expert advisors, utilities, and indicators. It includes a trade copier client that synchronizes positions via socket libraries. The systems manage trades through sophisticated risk controls like equity-based trailing stops, cycle-pe
This MetaTrader 4 repository contains a collection of experts and tools focused on technical indicators and machine learning. It features an implementation of Alexander Elder's Triple Screen strategy using Exponential Moving Averages and MACD to filter trends and entries. Additionally, the collection includes a machine
This repository contains an extensive collection of over 200 Expert Advisors developed for the MetaTrader 4 and MetaTrader 5 platforms. The files range from individual strategy implementations like CCI multi-pair and cycle-based trading to comprehensive testing frameworks. The primary featured Expert Advisor includes a
This repository contains a collection of MetaTrader 4 and 5 expert advisors primarily focused on grid and martingale trading strategies. The included robots utilize multiplier-based lot scaling, geometric progression, and fixed-distance grid layering to manage positions. The suite features specialized dashboards for mo
Chinaliyue MT4 EA Collection is a repository of various expert advisors and trading utilities for MetaTrader 4. The collection features several manual trading panels that allow users to execute orders with predefined stop loss and take profit levels. It includes management functions such as trailing stops and break-eve
A diverse collection of MetaTrader 4 and MetaTrader 5 resources developed by Yousuf Mesalm. The repository features various utilities including interactive trading panels, multi-strategy dashboards, and automated expert advisors. These tools provide manual trade management options like partial closing and automated exe
Oanda TDesk Drone is a MetaTrader 4 expert advisor designed to execute trades based on signals from the TDesk dashboard via the Oanda FXtrade platform. It functions as a bridge, using an external Python script and file-based data exchange to facilitate order placement. The EA is specifically designed to support fractio
This repository provides a collection of MetaTrader 4 expert advisors and indicators designed for automated trading and technical analysis. The EAs implement various strategies such as trend-following, candle pattern recognition, and tick movement analysis. Risk management features across the files include standard sto
This repository is a comprehensive backup of trading resources from the defunct fxcodebase community, containing a diverse collection of expert advisors for MetaTrader 4 and 5. The archive serves as a repository for legacy source code, featuring strategies ranging from RSI crossovers to advanced hedging and martingale
Edelweiss EA is an educational trading robot for MetaTrader 4 that utilizes a multi-indicator framework to generate buy and sell signals. It combines exponential moving averages, stochastic oscillators, the awesome oscillator, ADX, and Bollinger Bands to identify market entries. Trade management includes dynamic ATR-ba
This MetaTrader 4 utility serves as a bridge between the trading terminal and external platforms like Telegram and Discord. It functions as a comprehensive manual trading panel, enabling users to execute various order types and manage positions directly from the chart interface. The EA integrates indicator-based signal
This repository contains a collection of over 70 Expert Advisors developed for the MetaTrader 4 platform. The primary file, NNA_Expert, utilizes DLL imports and shell execution to exchange data via CSV files, suggesting integration with external prediction engines or neural networks. Other included experts focus on Fib
This repository is an extensive collection of MetaTrader 4 expert advisors and source code components written in MQL4. It includes over 70 files featuring diverse trading strategies such as Sanity TREND for trend following and various robots utilizing divergence-based entries. A significant portion of the code is based
This repository contains an extensive collection of over 250 expert advisors and utility scripts for MetaTrader 4. The library features various automated robots, manual trade panels, and risk management tools. It includes specialized folders for hedging strategies, pending order assistants, and multi-indicator monitors
This repository features a collection of MetaTrader 4 expert advisors, primarily focused on a multi-strategy system named Complete Robot. The main EA utilizes a combination of technical indicators including Moving Averages, MACD, Bollinger Bands, and Stochastic oscillators for market entry. It employs a grid-based appr
Trading Robot is an automated expert advisor for MetaTrader 4 that utilizes a multi-strategy approach based on classical technical indicators. It executes trades using distinct logic paths for buy and sell positions, incorporating Moving Averages, RSI, MACD, Ichimoku Kinko Hyo, and Fractals. The EA monitors price volat
Hosopi operates as an automated trading robot for the MetaTrader 4 and MetaTrader 5 platforms. It utilizes a modular architecture to handle trade execution and account protection, incorporating indicator-based entry logic and volatility filtering. The software includes a Funds Guard to prevent orders during insufficien
This repository contains a collection of MetaTrader expert advisors for MT4 and MT5, featuring various algorithmic trading strategies. The primary EA, North East Way, implements a multi-currency grid and martingale system focused on mean reversion for correlated pairs such as AUDNZD and NZDCAD. It manages risk through
This repository functions as a large collection of over 170 MetaTrader 4 expert advisors provided in source code format for further development. The library includes various automated trading robots based on popular technical indicators such as Heiken Ashi, RSI, Stochastic, and MACD crossovers. The included files utili
This MetaTrader 4 repository serves as a research and development environment for MQL4 algorithmic trading. It includes multiple experimental files focusing on pivot point identification and volume-based price analysis. The code explores custom data structures for price action and seeks to implement specific strategies
This MetaTrader 4 collection provides several expert advisors designed to automate trade entry with integrated risk controls. The tools calculate lot sizes based on a user-defined percentage of account capital, ensuring consistent exposure. Users can configure the trade direction, expected duration, and risk-to-reward
This repository contains a collection of MetaTrader 4 and MetaTrader 5 tools, including automated trading robots and technical utilities. The primary expert advisor features a hybrid system that supports both straddle and fade execution modes. It provides built-in risk management via stop loss, take profit, trailing st
This MetaTrader 4 repository contains a collection of Expert Advisors and a core module for order management. It includes standard trading strategies based on Moving Average and MACD crossovers. The main module provides logic for calculating open and historical trade metrics, tracking total profit and loss across speci
This MetaTrader 4 expert advisor functions as a technical scanner and trade automation tool. It iterates through multiple currency pairs to evaluate market conditions and sort them according to technical criteria. The system includes logic for automated order preparation, performing real-time risk assessments before ex
This MetaTrader 4 repository contains a collection of expert advisors utilizing various technical indicators for Forex trading. One included EA uses Keltner Channels and Average True Range to determine market entries and exits. It features configurable risk management, including fixed or percentage-based lot sizing, st
This repository contains a collection of MetaTrader 4 expert advisors and utility functions. The primary component is a multi-symbol dashboard that manages trades using specialized indicators and various exit strategies. It features advanced trade management tools including multiple trailing stop methods such as ATR, B
High Performance Forex (hpFX) is an indicator-agnostic framework for MetaTrader 4 designed for large-scale backtesting and strategy automation. It allows traders to define complex rules by combining up to ten custom indicators as entry signals, confirmation filters, or exit triggers using a flexible string-based encodi
Hosopi3 Tanpoji is a single-position trading robot for MetaTrader 4 and MetaTrader 5, specifically developed to avoid martingale and averaging techniques. It triggers entries using various built-in technical indicators such as Moving Averages, RSI, Bollinger Bands, and Stochastics, or through external custom indicator
This collection for MetaTrader 4 provides a variety of expert advisor templates and functional trading robots. The core strategy logic often utilizes price action relative to moving averages to identify trends. Key features include a randomized entry timer designed to avoid high-volatility bar starts, integrated stop l
This rule-based automated trading system for MetaTrader 4 utilizes several modular logic components to identify market entries and exits. It includes integrated modules for MACD, Moving Averages, and proprietary CyberiaLogic and MoneyTrain algorithms. The EA provides flexible risk controls including automated lot sizin
This repository provides an extensive collection of MetaTrader 4 and MetaTrader 5 expert advisors, including the Cobra and Pivot Point systems. The included tools utilize strategies ranging from daily pivot level reversals to grid-based recovery and cost-averaging methods. Notable features include ATR-based stop losses
Barekat Expert is a MetaTrader 4 robot that executes trades based on a combination of technical indicators. It utilizes two ZigZag indicators for price action analysis, a Simple Moving Average for trend filtering, and the Relative Strength Index and Stochastic oscillators for momentum confirmation. The system manages e
This repository provides a comprehensive collection of over 150 Expert Advisors and automated tools for the MetaTrader 4 platform. The included software covers a broad spectrum of trading methodologies, ranging from trend-based systems utilizing the ZigZag indicator to aggressive martingale and piramidation strategies.
This MetaTrader 4 expert advisor executes trades based on candle momentum and specific trigger factors. It manages positions using virtual trailing stop-loss and take-profit levels, alongside a global profit target that halts trading once a predefined financial goal is met. The system includes logic for multi-symbol tr
This repository provides a collection of over fifty MetaTrader 4 expert advisors designed for testing algorithmic strategy combinations. Each robot follows a modular structure consisting of a baseline indicator, confirmation signals, and volatility filters. Common configurations include the Kijun-sen, RSI, and Waddah A
TradeExpert is a multi-functional expert advisor for MetaTrader 4 that combines technical indicator analysis with external data integration. It executes trades using market or limit orders across a wide range of forex pairs and cryptocurrencies. The system features a built-in news filter to manage volatility during eco
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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