This expert advisor for MetaTrader 4 implements a grid-based scalping strategy. It places multiple trade orders at fixed intervals, defined by a configurable pip gap. The system manages a specific number of grid lines on both sides of the starting price, aiming to capture small price movements. It utilizes fixed lot si
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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 19Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 18Utility
Strategy
Market
This repository provides a collection of MetaTrader 4 and 5 expert advisors, including the modular Super Trading Bot series and an AI-driven trading template. The EAs utilize various technical indicators like Bollinger Bands, Parabolic SAR, and moving averages for trend-following and scalping. Built-in risk management
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
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 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
This MetaTrader 4 repository contains a large collection of automated trading systems, including scalpers, grid bots, and trend-following tools. The primary expert advisors utilize indicators such as Bollinger Bands and Average True Range (ATR) for entry and exit signals. Risk management features include percentage-bas
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
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 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 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 is a compilation of MetaTrader 4 and MetaTrader 5 expert advisors primarily focused on gold (XAUUSD) trading. The core system included features seven independent trading strategies that can be enabled concurrently. It provides various risk management tools, including automated lot sizing based on accoun
This MetaTrader 4 repository contains a collection of expert advisors and utilities, primarily focused on the AM grid robot and various scalping scripts. The main EA employs a grid-based strategy that layers orders at specific distances and includes settings for trend and counter-trend protection. It features a mechani
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
Ray Scalper is an automated expert advisor for MetaTrader 4 that uses technical indicators to trade both trend-following and counter-trend strategies. It monitors Bollinger Bands, Moving Averages, and Stochastic crossovers to trigger entries. The robot allows users to toggle between trend and anti-trend modes and inclu
This repository features a collection of MetaTrader 4 expert advisors designed for various trading approaches. The included M5_M30integral EA utilizes moving average crossovers across multiple timeframes for trend detection. Other scripts employ envelope scalping at specific standard deviations and Bollinger Band strat
Scalpy is an automated scalping robot for MetaTrader 4 that utilizes multiple Exponential Moving Averages across different timeframes to identify entry signals. The system analyzes the 8 and 21 EMAs on the H1 timeframe for trend anchoring while using the 8, 13, and 21 EMAs on the M5 chart for execution. It includes a m
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
This algorithmic scalping robot for MetaTrader 4 and 5 uses a five-factor confluence engine to identify trade entries. It monitors RSI extremes, Bollinger Band breakouts, MACD momentum, EMA ribbons, and volume acceleration. The EA employs percentage-based risk management with a strict stop loss and a flexible take prof
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
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 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
Scalping Master is an automated trading robot for MetaTrader 4 designed for short-term execution. It utilizes a technical strategy based on Exponential Moving Average crossovers combined with Relative Strength Index levels. The expert advisor features a dedicated quick scalping mode with tight targets and automated tra
The BU ATR Breakeven Engulfing is a MetaTrader 4 robot that executes trades based on candlestick price action and volatility indicators. It identifies entry points using bullish and bearish engulfing patterns, which are then filtered through the Relative Strength Index to confirm momentum. The system incorporates dynam
ANB Scalper is an automated trading robot for MetaTrader 4 that implements a scalping strategy centered on Fibonacci retracement levels. The EA calculates support and resistance zones by analyzing the highest and lowest prices over a user-defined candle lookback period. It filters potential entries using a combination
Average Scalper is a MetaTrader 4 expert advisor designed for trend-following strategies based on moving average levels and volatility ranges. It uses a 50-period Exponential Moving Average to determine market direction, initiating buy orders when the price is above the line and sell orders when below. Risk management
HFT Illusion is a MetaTrader 4 expert advisor that employs a multi-factor trigger system based on market sentiment and volatility metrics. It evaluates data points including BidRatio, Buy/Sell Ratio, Relative Strength, and Average Daily Range across various timeframes to identify trade entries. The robot supports autom
Shuriken FX is an automated trading robot for MetaTrader 4 that executes trades based on indicator-driven signals, visualized as arrows on the chart. The expert advisor implements basic trade management using fixed lot sizing and mandatory stop loss and take profit levels. It supports both automatic and manual operatio
This MetaTrader 4 repository provides a collection of legacy expert advisors, headlined by the MegaDroid Pro XE. These files are curated for educational study and represent older MQL4 development styles. The main robot is a session-based scalper designed for specific forex pairs like EURUSD. It includes specialized ris
This repository contains a large collection of over fifty MetaTrader 4 expert advisors, many of which are generated using the fxDreema visual development platform. The library covers a diverse range of strategies including gold scalping, candle-based robots, news filters, and grid management tools. Risk controls vary b
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
Jaibot is a MetaTrader 4 expert advisor designed for scalping on the M15 timeframe. The software monitors a wide range of forex pairs, scanning for opportunities every five minutes via a timer-based function. It includes built-in Telegram integration using an external library to provide remote notifications and status
This MetaTrader 4 expert advisor implements a trend-following scalping strategy using a combination of moving averages and the Stochastic oscillator. It identifies the primary trend using a 200-period Simple Moving Average and a 21-period Exponential Moving Average. Trades are entered during pullbacks when the Stochast
This MetaTrader 4 collection features automated trading scripts primarily based on the Ichimoku Kinko Hyo indicator. The expert advisors execute trades by analyzing the relationship between Tenkan-sen and Kijun-sen lines relative to the Senkou Span cloud. Risk is managed via fixed lot sizing and a maximum concurrent tr
This expert advisor for MetaTrader 4 utilizes a bridge to the R programming environment to implement machine learning for currency trading. It leverages pre-trained XGBoost models to identify trade opportunities based on technical features such as Average True Range, Bears Power, and Bulls Power indicators. The robot m
Krisha Scalper is an automated trading robot for the MetaTrader 4 platform that identifies potential entry points using ATR and EMA indicators. The expert advisor implements several risk management layers, including percentage-based lot sizing, a maximum loss limit in points, and a trailing step feature. It supports pa
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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