MT4
MT5 
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
Synced with GitHub · updated yesterday
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.
New EAs by RSS
Type
Trading robotTrade managerRisk & protectionNews tradingCopier & bridgeFramework & template 1Collection 12Utility 3
Strategy
Trend following 11Breakout 6Scalping 3Grid 3Martingale 3Hedging 2Mean reversion 10SMC / ICT / price actionIndicator crossover 3ArbitrageAI / machine learningNewsMulti-strategy
The Strat MT4 EA is an experimental automated trading system designed for MetaTrader 4 based on The Strat price action framework. It utilizes candle classifications, specifically types 1, 2, and 3, to identify potential market reversals and continuations. The robot features flexible money management, allowing users to
Price Action Expert is a MetaTrader 4 robot that automates trade execution by combining Fibonacci levels with candlestick pattern analysis. The EA identifies the prevailing market trend through Fibonacci ratios and seeks entry signals using pin bars, engulfing patterns, and morning star formations. It features automate
This MetaTrader 4 robot automates a supply and demand strategy by identifying price pivots within a specific historical window. It analyzes candle structures to detect significant price moves and structural clearance for potential entries. The expert advisor manages risk by allowing users to set a fixed dollar amount p
This MetaTrader 4 expert advisor implements a price action strategy based on candlestick engulfing patterns. It identifies bullish and bearish formations to enter long or short positions automatically. The bot manages active trades by closing existing positions whenever a new opposing signal is detected, effectively re
Copilot is a MetaTrader 4 expert advisor designed to replicate human price action analysis through market structure mapping. The robot identifies swing highs and lows, representing them as a graph of nodes to track trends, impulses, and retracements. It incorporates higher time frame support and resistance levels into
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
Bot Trend Line is an automated trading tool for MetaTrader 4 that executes orders based on price interactions with trendlines. The expert advisor monitors lines to trigger market or pending orders when specific price conditions are met. It manages risk through a fixed risk-per-deal setting and includes account-level sa
JCS Patterns is an experimental MetaTrader 4 expert advisor designed to detect and trade bullish engulfing patterns. It serves primarily as a template for further development, entering trades based on specific Japanese candlestick formations. The robot includes a trailing stop mechanism and comprehensive logging capabi
Mveuuh Gold is an automated MetaTrader 4 expert advisor designed specifically for trading XAUUSD. It utilizes a multi-layered trend filtering system based on three Exponential Moving Averages and the Average Directional Index to determine entry direction. The EA employs a grid-based pyramid strategy, opening additional
This MetaTrader 4 expert advisor is designed for XAUUSD scalping on the M1 timeframe. It switches logic based on market regimes: in trending markets, it follows the higher timeframe direction using EMA reversals and breakout entries, while in ranging markets, it executes trades based on liquidity sweeps at price extrem
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
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
This MetaTrader 4 expert advisor implements a price action strategy focused on identifying pin bar formations. It screens for candles where the tail is at least three times the length of the body and touches an 8-period simple moving average. The EA utilizes a trend filter by calculating the slope of the moving average
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
This MetaTrader 4 expert advisor focuses on identifying and trading trend reversals using price action patterns, specifically pin bars. It operates as an automated robot that monitors market conditions to execute entries based on reversal signals. The EA features an extensive graphical user interface that displays real
This MetaTrader 4 expert advisor automates trading based on liquidity and market structure concepts. It identifies price action landmarks like higher highs, higher lows, lower lows, and lower highs to determine current trend or ranging states. The robot executes trades with distinct stop loss and take profit settings f
This MetaTrader 4 expert advisor automates a trend reversal strategy based on price action patterns and technical indicator filters. It identifies potential entry points using ZigZag, MBFX, and SMA indicators, specifically targeting reversals or pinbars at key support and resistance levels. The software includes a mult
Tip Top AI is a price action robot for MetaTrader 4 and MetaTrader 5 that uses a proprietary candle tail length algorithm to identify market entries. The strategy calculates the average size of historical bars and monitors current candles for specific wick-to-body ratios. It enters trades when wicks exceed the body siz
Trading Dong is an automated MetaTrader 4 expert advisor developed as an academic capstone project. It analyzes market prices and executes trades based on a combination of three methodologies: Dominant Break, Supply and Demand zones, and Support and Resistance levels. The system includes visual indicators for drawing a
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 MetaTrader 4 expert advisor automates a trend reversal strategy based on price action patterns and technical indicators like ZigZag, MBFX, and Moving Averages. It features a dashboard to monitor multiple pairs, identifying setups such as pin bars and trendline breaks near support and resistance levels. Trade manag
Vela Martillo is a MetaTrader 4 expert advisor that identifies hammer and shooting star candlestick patterns through price action analysis. It evaluates the ratio of candle wicks to the total range using a configurable spike percentage threshold. The robot monitors new bar formations to detect potential reversals and f
Auto Zone Trader is a MetaTrader 4 expert advisor that automates trade execution based on manually identified price zones and technical candlestick patterns. Users specify potential reversal areas by placing horizontal lines labeled for buy or sell zones on the chart. The robot monitors these levels and triggers an ord
PTL EA is a MetaTrader 4 expert advisor that monitors financial markets for technical trade setups using price action and trend analysis. It evaluates market conditions across various instruments, including forex pairs, gold, and global indices, by identifying candlestick patterns and key support and resistance zones.
This expert advisor for MetaTrader 4 executes trades based on the engulfing candle pattern, a classic price action signal. It identifies scenarios where the current candle completely covers the previous candle's range and filters entries using a Moving Average to ensure alignment with the prevailing trend. The EA place
This expert advisor for MetaTrader 4 automates trading based on the Pin Bar candlestick pattern. It identifies entries by evaluating candle geometry, specifically the ratio of the body to the total length and the minimum size of the candle. Users can adjust the sensitivity of the detection logic and limit the maximum n
This MetaTrader 4 expert advisor implements a basic price action strategy based on bullish and bearish engulfing candlestick patterns. It identifies trade signals by comparing the current candle body to the previous one at the start of each new bar. The logic includes dynamic stop loss placement at recent candle extrem
Susu Engulf is a MetaTrader 4 expert advisor that automates trading based on engulfing candlestick patterns and technical indicators. It utilizes a combination of MACD and five distinct moving averages to determine trend direction and entry points. The EA manages risk through a maximum order limit and a money managemen
This expert advisor for MetaTrader 4 automates a trading strategy based on the Pin Bar candlestick pattern. It monitors the market for new bars and uses a custom detection function to identify Pin Bar formations. Once a signal is found, the robot enters trades with calculated stop loss and take profit levels, often tar
This MetaTrader 4 expert advisor identifies Marubozu candlestick patterns to execute trades based on price action momentum. The logic is implemented through an object-oriented structure that detects candles with negligible wicks. It includes basic position management functions for opening trades with stop loss and take
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.
Run EAs With a Broker That Supports MT4 and MT5
Compare regulated brokers by platform, spreads, minimum deposit and leverage.
Compare brokers