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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.

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EA31337 Libre

by EA31337
252 stars

EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario

MT5 Trading robot Multi-strategyTrend followingMean reversion
Updated 1 year ago GPL-3.0 GitHub repository of EA31337 Libre
140 stars

This repository provides a collection of Expert Advisors for MetaTrader 5 and Python trading scripts developed for an educational YouTube series. It features various technical indicator-based strategies, including MACD, Relative Strength Index, Stochastic, and Bollinger Bands. The included MQL5 files implement multi-ti

MT5 Collection Indicator crossoverMean reversionTrend following
Updated 3 years ago None stated GitHub repository of Kecoma Trading Collection
67 stars

This repository contains a collection of MetaTrader 5 expert advisors, primarily focused on the ChildsPlay strategy derived from online trading forums. The main expert advisor uses multiple exponential moving averages and the Commodity Channel Index across two timeframes to identify trend-following entries. It implemen

MT5 Collection Indicator crossoverMean reversionAI / machine learning
Updated 6 years ago None stated GitHub repository of ChildsPlay MQL5 Collection

This repository provides a diverse collection of MetaTrader 5 expert advisors focusing on technical indicator automation. The core component aggregates signals from a wide array of standard tools, including trend-following moving averages, oscillators like RSI and MACD, and Bill Williams indicators. It includes specifi

MT5 Collection Trend followingIndicator crossoverMulti-strategy
24 stars

This repository contains a diverse collection of MetaTrader 5 Expert Advisors and tools developed for instructional purposes. The included robots cover various trading methodologies, such as moving average crossovers, RSI divergences, gap reversals, and candlestick patterns like the Red-White-Red strategy. The EAs typi

MT5 Collection Indicator crossoverMean reversionMulti-strategy
Updated 4 years ago None stated GitHub repository of Victor Algo MQL5 Collection

DaxAlgo Trading Strategies

by dhruuvsharma
9 stars

This collection of MetaTrader 5 expert advisors focuses on order flow, microstructure, and scalping strategies. It includes tools for cumulative delta scalping, swing pivot fading, and bridging external signals from TradingView via file monitoring. The suite features robust risk controls such as daily loss and profit l

MT5 Collection ScalpingMean reversionTrend following

Autumn Harvest

by wait4signal
8 stars

Autumn Harvest is a multi-strategy MetaTrader 5 expert advisor incorporating technical patterns such as RSI reversals, peak reversals, and the ignored bar strategy. It functions as both an automated trading robot and a position manager, allowing it to maintain external trades or its own. The EA includes risk controls l

MT5 Trading robot Mean reversionTrend followingMulti-strategy
Updated 1 year ago GPL-3.0 GitHub repository of Autumn Harvest
8 stars

This collection of MetaTrader 5 expert advisors serves as an educational resource for MQL5 programming. It contains multiple example robots utilizing technical indicators such as Moving Averages, Parabolic SAR, CCI, and Stochastic oscillators. The provided scripts demonstrate fundamental trading automation features inc

MT5 Collection Indicator crossoverTrend followingMean reversion
5 stars

This repository contains a collection of MetaTrader 5 scripts and Expert Advisors focusing on various technical indicators. The primary EA provided uses Relative Strength Index (RSI) levels to determine long and short entry conditions, including specific start and end thresholds for signal filtering. Other files in the

MT5 Collection Indicator crossoverMean reversionMulti-strategy
3 stars

This collection for MetaTrader 5 provides dozens of expert advisors based on the combination of Japanese candlestick patterns and technical indicators. The robots detect patterns such as Engulfing, Harami, and Morning Stars, using Stochastic, RSI, MFI, or CCI for signal confirmation. Trades are managed with fixed stop

MT5 Collection Multi-strategyMean reversion
3 stars

This repository is a collection of educational Expert Advisors for MetaTrader 5, structured as a learning roadmap. It contains several standalone trading scripts, including a multi-symbol basket trader called Profit Twins, which enters buy positions on two different pairs and exits based on a combined profit percentage

MT5 Collection Mean reversionIndicator crossoverMulti-strategy
Updated 9 months ago None stated GitHub repository of MQL5 Learning Collection

SOEA Master

by bfforex
3 stars

This MetaTrader 5 robot employs a dual-strategy approach, switching between trend-following moving average crossovers and RSI-based mean-reversion depending on detected market regimes. It features an integrated walk-forward optimization system that loads optimized parameters from external files to adapt to changing vol

MT5 Trading robot Trend followingMean reversionIndicator crossover
Updated 11 months ago MIT GitHub repository of SOEA Master
3 stars

This collection provides several MetaTrader 5 expert advisors and utility scripts developed for educational purposes. The primary advisor combines moving average crossovers with Relative Strength Index filters to identify entry points. It features standard risk management controls including fixed lot sizing, hard stop

MT5 Collection Indicator crossoverMean reversionMulti-strategy

Sumting Wong EA

by definitelyfkd
2 stars

This multistrategy expert advisor for MetaTrader 5 combines currency strength analysis, breakout/reversal logic, and swap carry trading. It targets various markets including forex, gold, oil, indices, and crypto. Trade execution involves ATR-based stop losses, multiplier-based take profits, and partial closing mechanis

MT5 Trading robot BreakoutMean reversionMulti-strategy
Updated 3 months ago None stated GitHub repository of Sumting Wong EA
2 stars

This MetaTrader 5 expert advisor focuses on institutional-style trading across forex, indices, and other assets. It utilizes market structure analysis, including liquidity sweeps and market structure shifts, to identify entries on a M15 timeframe guided by H1 trends. The robot categorizes market states into range, tren

MT5 Trading robot SMC / ICT / price actionTrend followingMean reversion

Chimera

by keyalgos
2 stars

Chimera is an automated trading system for MetaTrader 5 designed to trade XAUUSD through multi-asset confluence. It analyzes price action across several timeframes, from M5 to H4, and incorporates inverse correlation filters using the US Dollar Index and US30. The EA identifies entries using harmonic patterns and RSI d

MT5 Trading robot Trend followingMean reversionMulti-strategy
Updated 6 months ago None stated GitHub repository of Chimera

Forex Master Multi Strategy

by simonokwundue-ops
2 stars

This MetaTrader 5 expert advisor utilizes a weighted signal scoring system to execute trades based on four technical indicators: Moving Average crossovers, RSI, Bollinger Bands, and MACD. It incorporates multi-timeframe analysis across M15, M30, and H1 periods to confirm trend direction. Risk management features includ

MT5 Trading robot Indicator crossoverMean reversionTrend following
Updated 10 months ago None stated GitHub repository of Forex Master Multi Strategy

MQL5 Article Collection

by mhassanhub
2 stars

This repository serves as an extensive educational resource for MetaTrader 5, containing a wide variety of Expert Advisors and indicators based on a series of MQL5 development articles. It includes robots utilizing technical indicators such as RSI, MACD, Ichimoku, and Bollinger Bands. The collection features tools for

MT5 Collection Indicator crossoverMean reversionBreakout
Updated 12 months ago None stated GitHub repository of MQL5 Article Collection
2 stars

This MetaTrader 5 expert advisor combines technical indicators with price action to automate trading decisions. It incorporates five individual strategies including EMA crossovers, candlestick engulfing patterns, and support or resistance breakouts. The system is specifically calibrated for the 30-minute timeframe and

MT5 Trading robot Indicator crossoverBreakoutMean reversion
2 stars

This repository contains a collection of MetaTrader 5 expert advisors designed for various financial instruments including the DAX index, gold, oil, and major currency pairs. The library includes specialized robots like German Sunrise for DAX mean reversion and others for specific events like Friday gold moves or Tuesd

MT5 Collection Mean reversionIndicator crossoverTrend following
2 stars

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

MT4MT5 Collection BreakoutMean reversionMulti-strategy

Medula SMC EA

by gurupirataurai92-wq
1 stars

This MetaTrader 5 expert advisor utilizes Smart Money Concepts and pure price action to execute trades without traditional technical indicators. By analyzing raw candle data, it identifies market structures, order blocks, and various fair value gaps. The system includes multiple versions, ranging from simple price acti

MT5 Trading robot SMC / ICT / price actionTrend followingMean reversion
Updated 6 days ago None stated GitHub repository of Medula SMC EA

Adaptive Breakout AI

by Garrick852
1 stars

This MetaTrader 5 expert advisor combines breakout and mean-reversion strategies within a framework optimized for proprietary trading firm requirements. It features adaptive logic that transitions between modes based on market drift detection. Users can configure breakout entries using Donchian channels or fixed time r

MT5 Trading robot BreakoutMean reversionMulti-strategy
Updated 3 weeks ago None stated GitHub repository of Adaptive Breakout AI
1 stars

ITIP is an advanced multi-component expert advisor for MetaTrader 5 that connects the terminal to external AI and simulation modules. It utilizes a modular architecture to track smart money structure, including order blocks and fair value gaps, alongside RSI divergence signals across multiple timeframes. The platform h

MT5 Trading robot SMC / ICT / price actionMean reversionMulti-strategy
Updated 5 weeks ago None stated GitHub repository of ITIP Trading Platform

Panda Engine EA

by gian101310
1 stars

Panda Engine EA is a multi-strategy robot for MetaTrader 5 that incorporates four distinct trading modules: BB, Intra, Pullback, and Intra Master. It executes trades based on technical structures, swing points, and a confluence scoring system. The expert advisor includes an exposure guard to manage risk by limiting tot

MT5 Collection Multi-strategyTrend followingMean reversion
Updated 7 weeks ago None stated GitHub repository of Panda Engine EA

Garxy Fenx Lite

by VelSepia
1 stars

Garxy Fenx Lite is a trading framework for MetaTrader 5 that uses a multi-engine architecture to analyze market conditions and execute trades. The robot evaluates volatility, trend, and range data to calculate confidence scores for strategy and risk before opening positions. It manages trades using either fixed point t

MT5 Trading robot Trend followingMean reversionMulti-strategy
Updated 7 weeks ago None stated GitHub repository of Garxy Fenx Lite

PCI EA

by sugridpung
1 stars

PCI EA is a MetaTrader 5 algorithmic trading system designed for XAUUSD. It utilizes statistical mechanics and Shannon entropy to measure market chaos and identify trade entries. The architecture comprises a modular system including a quantum engine for signal generation, a Z-score validator for trade filtering, and a

MT5 Trading robot Mean reversionMulti-strategy
Updated 2 months ago None stated GitHub repository of PCI EA

BTMM Expert Advisor

by FullscopeContractors
1 stars

This MetaTrader 5 expert advisor automates the Breakout-To-Market-Maker (BTMM) strategy, featuring eight distinct intraday setups including M/W patterns, NYC reversals, and EMA200 bounces. It employs a signal arbitration engine to score and prioritize trades based on confluence, liquidity, and regime alignment. Risk ma

MT5 Trading robot SMC / ICT / price actionMean reversionIndicator crossover
Updated 3 months ago None stated GitHub repository of BTMM Expert Advisor

MT5 AutoEA

by Asura-lab
1 stars

MT5 AutoEA is a multi-strategy trading robot for MetaTrader 5 that utilizes an ensemble approach to market participation. It incorporates over twenty modular strategies, including trend following, mean reversion, and breakouts, which can be toggled individually. The EA supports two execution modes: a portfolio mode for

MT5 Trading robot Multi-strategyTrend followingMean reversion
Updated 3 months ago None stated GitHub repository of MT5 AutoEA

Master Trader MT5

by rohanjq
1 stars

Master Trader is an automated expert advisor for MetaTrader 5 that utilizes a multi-strategy engine based on UT Bot, Donchian Channels, and candlestick patterns. It analyzes market conditions across several timeframes, including M3, M5, and M15, to identify trend reversals and wick rejections. The EA features advanced

MT5 Trading robot Trend followingMean reversionMulti-strategy
Updated 3 months ago None stated GitHub repository of Master Trader MT5
1 stars

This MetaTrader 5 expert advisor implements a multi-timeframe trading strategy across M1, M5, and M15 intervals. It utilizes a seven-period Exponential Moving Average system ranging from EMA 30 to EMA 60 to identify market conditions. When EMAs are aligned, it executes trend-following trades; in consolidated markets, i

MT5 Trading robot Trend followingMean reversionIndicator crossover
Updated 3 months ago None stated GitHub repository of Multi Filter MA MT5
1 stars

WannaBeQuant Strategy Selection is a multi-strategy expert advisor for MetaTrader 5 designed to trade cryptocurrency and equity markets. It combines six distinct trading logic modules, including Ichimoku trend following, mean reversion, and breakout strategies. The EA executes on a timer-based loop rather than every ti

MT5 Trading robot Trend followingMean reversionBreakout
1 stars

This repository is a collection of MetaTrader 5 expert advisors focusing on quantitative research and price action strategies. It includes implementations of Smart Money Concepts and Inner Circle Trader methods, such as Order Blocks, Fair Value Gaps, and liquidity sweeps. Other components feature Ichimoku Kinko Hyo tre

MT5 Collection SMC / ICT / price actionTrend followingMean reversion

AI Quant Strategy Lab

by Vinu-Kevin-Diesel
1 stars

This MetaTrader 5 framework provides a suite of expert advisors optimized for Gold trading using advanced signal processing. It employs a Hidden Markov Model to classify the market into five regimes, filtering entries based on current volatility and trend strength. The logic utilizes Gaussian IIR filters for lag-reduce

MT5 Collection Trend followingMean reversionAI / machine learning

Project Chimera

by S44dMas00d
1 stars

Project Chimera is an algorithmic trading robot for MetaTrader 5 that executes trades on XAUUSD. The system employs a modular architecture to synthesize signals from RSI divergence, harmonic patterns, and trend confirmation across multiple timeframes. It utilizes a multi-asset correlation filter monitoring the US Dolla

MT5 Trading robot Trend followingMean reversionMulti-strategy
Updated 9 months ago None stated GitHub repository of Project Chimera

Gold FX EA

by ajeet-trader
1 stars

Gold FX EA is a multi-asset trading robot for MetaTrader 5 that functions as a modular framework for various technical strategies. It allows users to toggle specific modules for forex, gold, silver, cryptocurrencies, and commodities. Strategies include trend following with moving averages, Bollinger Band mean reversion

MT5 Trading robot Trend followingBreakoutMean reversion
Updated 9 months ago None stated GitHub repository of Gold FX EA

Hosopi3 Tanpoji

by harukihosono
1 stars

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

MT4MT5 Trading robot Indicator crossoverMean reversionMulti-strategy
Updated 10 months ago None stated GitHub repository of Hosopi3 Tanpoji

Golden7

by edisonq
1 stars

Golden7 is an automated trading system for MetaTrader 5 that utilizes a weighted confluence engine across seven technical indicators, such as Moving Averages, RSI, and Bollinger Bands. It uniquely allows users to input a manual fundamental bias score to influence trade direction. The robot includes a robust filtering s

MT5 Trading robot Trend followingIndicator crossoverMean reversion
Updated 11 months ago None stated GitHub repository of Golden7
1 stars

This collection for MetaTrader 5 provides several trend-following Expert Advisors based on technical indicators such as Ichimoku Kinko Hyo and Simple Moving Averages. The included robots utilize multi-timeframe analysis, sensitive SMA slope detection, and candlestick pattern recognition to identify entry points. Risk m

MT5 Collection Trend followingIndicator crossoverMean reversion

RSI Alert

by qqqcat
1 stars

RSI Alert is a signal monitoring tool for MetaTrader 5 that identifies potential market reversals and divergences across up to four timeframes simultaneously. It utilizes the Relative Strength Index alongside Average Directional Index filtering to detect oversold and overbought conditions while attempting to filter out

MT5 Utility Mean reversionMulti-strategy
Updated 1 year ago None stated GitHub repository of RSI Alert

Mean Reversion Gap EA

by Xtley001
1 stars

This MetaTrader 5 expert advisor implements a mean reversion strategy that identifies price gaps between fast and slow moving averages. It utilizes an ATR-based volatility filter to enter trades during low volatility periods and confirms entries with RSI momentum patterns. The system manages risk using fixed dollar amo

MT5 Trading robot Mean reversionMulti-strategy
1 stars

Hybrid Smart Zone EA is an automated trading robot designed for the MetaTrader 5 platform. It employs a multi-indicator strategy incorporating Exponential Moving Averages, Bollinger Bands, RSI, MACD, and ADX to identify entry and exit points. The system defaults to a 15-minute timeframe but allows for customization. Ri

MT5 Trading robot Multi-strategyTrend followingMean reversion
Updated 1 year ago None stated GitHub repository of Hybrid Smart Zone EA

Supply Demand Pro EA

by Monte-Ntuli
1 stars

Supply Demand Pro EA is an automated trading robot for MetaTrader 5 that focuses on price action and institutional market structures. It identifies supply and demand zones, Quasimodo reversal patterns, and ATR-based price compression. The system filters entries using fakeout detection to avoid false breakouts. It featu

MT5 Trading robot SMC / ICT / price actionBreakoutMean reversion
Updated 1 year ago None stated GitHub repository of Supply Demand Pro EA

Bots Practica

by AlexDotel
1 stars

This collection for MetaTrader 5 contains several expert advisors developed for practice and strategy testing. It includes robots based on Bollinger Bands, Larry Williams patterns, and breakout logic. The tools provide automated trade execution with integrated risk controls, allowing users to choose between fixed lot s

MT5 Collection BreakoutMean reversionTrend following
Updated 1 year ago None stated GitHub repository of Bots Practica

Strategy Meta RSI

by EA31337
1 stars

Strategy Meta RSI is an Expert Advisor for MetaTrader 5 that utilizes a meta-strategy approach to execute trades. It selects and alternates between different internal trading strategies depending on the current daily Relative Strength Index value. Built on the EA31337 framework, it supports simultaneous operation acros

MT5 Trading robot Multi-strategyMean reversion
Updated 2 years ago None stated GitHub repository of Strategy Meta RSI

This repository contains a collection of eight quantitative trading strategies implemented for MetaTrader 5. The core Rubber Band strategy uses custom volatility bands derived from a five-day range to identify mean-reversion opportunities. It enters trades when price deviates significantly from recent highs or lows and

MT5 Collection Mean reversionBreakoutMulti-strategy

MQL5 Strategy Collection

by David-the-trader
1 stars

This repository contains a collection of MetaTrader 5 expert advisors focusing on technical analysis and candlestick price action. The scripts explore various entry methods, including Bollinger Bands with RSI for counter-trend setups and 'Big Shadow' engulfing patterns. The logic calculates specific candle metrics, suc

MT5 Collection Mean reversionTrend followingMulti-strategy
Updated 3 years ago None stated GitHub repository of MQL5 Strategy Collection

Aiden

by Torabi-srh
1 stars

Aiden is a MetaTrader 5 expert advisor that utilizes a multi-indicator weighting system to determine market entries. It calculates trade signals by aggregating 'chances' from several technical indicators including ZigZag, Stochastic, Moving Average crossovers, Parabolic SAR, RSI, MACD, and Momentum. The EA manages risk

MT5 Collection Multi-strategyIndicator crossoverTrend following Archived
Updated 4 years ago MIT GitHub repository of Aiden

Learn how to use expert advisors

Free, plain-English guides: find an EA, install it, set it up, test it and run it safely.

  1. 1Types of EAsRobots, trade managers, copiers and risk tools, and what each is for.
  2. 2Using this librarySearch, filters, badges and what our checks do and do not mean.
  3. 3Install an EA in MT4 or MT5Data folder, compile, attach to a chart and switch on algo trading.
  4. 4EA settings explainedLot size, stop-loss, magic number, max spread and trading hours.
  5. 5Backtest in the Strategy TesterModelling, spread, the report and the over-fitting trap.
  6. 6Choose a safe EAA checklist for the code, the logic, the evidence and the fit.
  7. 7Run an EA 24/7VPS, forward testing on demo and going live small.
  8. 8Open-source EAs on GitHubLicences, compiling in MetaEditor and editing inputs safely.
  9. 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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