This MetaTrader 5 expert advisor implements an open range breakout strategy specifically designed for gold trading on the hourly timeframe. It identifies the high and low of the initial trading hour and establishes a definitive range after a user-defined consolidation period. Trades are triggered when price breaks thro
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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
Strategy
Ladino Bot is an open-source expert advisor for MetaTrader 5 that uses HiLo Activator indicators and moving average crossovers to identify trade entries. It features a triple-timeframe architecture, allowing users to align entries with higher-period trends. Risk controls include daily gain and loss caps, brokerage fee
Gold Trader EA is a multi-strategy expert advisor designed for trading XAUUSD on the MetaTrader 5 platform. It employs a fusion engine that combines up to 14 different technical analysis methods, including candlestick patterns, chart patterns, price action, and institutional levels. The system requires a user-defined n
This MetaTrader 5 expert advisor implements Smart Money Concepts including Order Blocks, Fair Value Gaps, and Break of Structure entries. It features an automated mode that combines multiple strategies alongside market regime detection using ADX or Efficiency Ratio to ensure trading in trending conditions. Risk managem
This MetaTrader 5 expert advisor implements a multi-strategy framework based on Smart Money Concepts. It identifies fractal-based liquidity sweeps, order blocks, and Fibonacci zones across multiple timeframes, typically using H4 for trend direction and M15 for execution. The EA includes an optional machine learning fil
This MetaTrader 5 expert advisor collection provides a modular approach to automated trading based on technical indicators. It features a trading robot that uses a moving average to identify entries, supported by risk management tools including hard stop losses and take profits. The system includes logic for break-even
This MetaTrader 5 expert advisor specializes in trading Gold (XAUUSD) by targeting volatility during the New York session. It utilizes an Average True Range (ATR) indicator to identify market trends and determine entry levels for limit orders. Risk management includes fixed stop loss parameters and dynamic trailing sto
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
This MetaTrader 5 expert advisor automates the 9.1 trading setup popularized by Larry Williams, utilizing an exponential moving average to detect trend shifts. It enters trades based on price action relative to the moving average slope. The system includes built-in trade management features like partial profit taking,
This MetaTrader 5 expert advisor serves as an educational example from a book on MQL5 programming. It implements a versatile trading system that can be configured to use moving average crossovers, Relative Strength Index levels, or both indicators combined for trade entries. The EA manages risk with user-defined stop l
FxChartAI OpenEA is an automated trading solution for MetaTrader 5 that executes trades based on signals retrieved from the FxChartAI platform. The system operates in two modes, allowing for live API integration or historical testing using CSV datasets. It utilizes multi-timeframe analysis across M10 and H1 intervals,
Black XAU is an automated trading robot for MetaTrader 5, specifically designed for gold. It utilizes a multi-timeframe breakout and retest strategy, identifying trading zones based on initial H4 market structure. Entries are triggered on the M5 timeframe when price retests a confirmed breakout level. The expert adviso
This Expert Advisor for MetaTrader 5 is specifically designed for XAUUSD trading on the M1 timeframe. It utilizes a hybrid strategy combining classic technical indicators like RSI, Moving Averages, and ATR with an OpenAI API integration for signal validation. The robot features an on-chart dashboard for telemetry and i
This collection provides multiple MetaTrader 5 expert advisors and indicators intended as educational templates for MQL5 development. The primary example, ExpSidus, implements a moving average crossover strategy using Exponential and Linear Weighted Moving Averages. The included robots feature basic risk management thr
This automated trading system for MetaTrader 5 focuses on spot Gold using Inner Circle Trader methodology. It identifies entries through order block detection, market structure analysis, and weekly opening price levels. The strategy is further filtered by dual moving averages and specific trading sessions, primarily Lo
Fvg Gold EA is an automated trading robot for MetaTrader 5 designed specifically for the gold market. It utilizes institutional trading concepts by identifying high-probability Fair Value Gaps with Order Block confluence. The system employs a scoring algorithm to evaluate trade quality based on displacement, gap size,
Allegro Stormer is a MetaTrader 5 expert advisor that implements a specific technical setup based on momentum and oscillator indicators. It utilizes a Momentum indicator filtered by a moving average alongside a Stochastic Oscillator to identify entry points. Risk management is centralized around the Average True Range,
This expert advisor for MetaTrader 5 implements a Smart Money Concepts strategy. It identifies institutional trade setups using Order Blocks, Fair Value Gaps, Break of Structure, and liquidity sweeps. The robot performs multi-timeframe analysis across five periods to determine market bias and ensure trend alignment. Ri
This MetaTrader 5 expert advisor implements a box breakout strategy designed for the foreign exchange market. The robot identifies price ranges during specific time windows and enters trades upon a breakout. It features a trend filter using fast and slow moving averages to align entries with broader market direction. R
Scalpflip EA is an automated scalping robot for MetaTrader 5 that utilizes a multi-layered technical analysis approach. It offers three entry modes: trend-following, mean-reversion, and a smart mode that selects the strategy based on current market conditions. The system filters trades using the Relative Strength Index
This MQL5 expert advisor trades the London and New York session openings using Smart Money Concepts. It analyzes market sentiment on the 5-minute timeframe by identifying price imbalances over a specific look-back period. Once a directional bias is established, the robot switches to the 1-minute timeframe to execute li
This MetaTrader 5 expert advisor scans over 60 financial instruments to identify Turtle Soup reversal setups based on Candle Range Theory. It monitors price action for specific three-candle patterns involving a range, a false breakout with a long wick, and a subsequent reversal. The EA operates as an alert-only utility
Binario is a breakout expert advisor for MetaTrader 4 and 5 that utilizes a price channel constructed from two moving averages of the same period. By default, it uses a 144-period exponential moving average applied to both highs and lows. It enters trades when the price moves outside this band by a predefined pip dista
First Candle Breakout is a MetaTrader 5 expert advisor designed to trade the breakout of the high or low of the first candle within a specified period. While traditionally used with the first 60-minute candle, the software allows users to configure any timeframe for the initial range. The robot enters a buy position wh
This repository provides a collection of MetaTrader 5 expert advisors centered on indicator-based trend following and scalping strategies. The primary system employs a triple exponential moving average crossover on the M5 timeframe, filtered by higher-timeframe trend direction from the H1 chart. The collection also inc
This MetaTrader 5 repository provides a collection of expert advisors centered around an artificial neural network implementation. Developed using Matlab and exported as a DLL, the system integrates external computational models with MQL5. The primary advisor executes trades within defined time intervals, utilizing pri
This MetaTrader 5 expert advisor identifies price accumulation zones to execute breakout trades based on consolidation ranges. The robot calculates a box area using a specified number of candles and enters positions when price moves outside these boundaries. It includes comprehensive trade management features such as f
This MetaTrader 5 expert advisor is designed for news trading by managing pending orders around scheduled economic events. The robot places orders at a specific start time and dynamically shifts their distance from the market price until the news release triggers a breakout. It features a trailing stop that can be exec
Elephant Walk is a MetaTrader 5 expert advisor based on the trading methodology of Oliver Velez. It automates entries using moving average crossovers and price action patterns often associated with large bars or elephant candles. The EA provides extensive trade management options, including trailing stops, break-even a
Phase 404 EA is a MetaTrader 5 robot that automates a mechanical Smart Money Concepts strategy including Wyckoff logic and liquidity sweeps. It identifies market structure shifts and enters trades during London or New York kill zones using Fibonacci Optimal Trade Entry levels. The expert advisor manages risk through pe
This MetaTrader 5 repository features a diverse collection of automated trading strategies, including indicator-based scalpers and price action robots. The experts utilize technical filters such as Average True Range periods and baseline moving averages to identify entry signals. Key risk management features integrated
This MetaTrader 5 expert advisor combines automated Forex trading with a Discord notification system via a Python Flask webhook. It executes a dual-timeframe strategy using EMA crossovers, a 200-period trend filter, RSI, and VWAP on the M5 and M15 charts. The EA manages trades with ATR-based stop loss and take profit l
RL Agent Trader is an expert advisor for MetaTrader 5 that integrates with a Python-based reinforcement learning environment via network sockets. It implements a breakout strategy based on the highest and lowest prices of previous candles. The core functionality relies on a Deep Q-Network (DQN) in Python to dynamically
Fimathe EA is a MetaTrader 5 robot designed to automate the Fimathe trading technique. It replaces manual channel drawing by analyzing a user-defined range of historical candles to determine reference channels and neutral zones. The system identifies price partitions and uses the median distance to set entry levels. Fo
This MetaTrader 5 expert advisor utilizes deep learning models, specifically Long Short-Term Memory or Transformer architectures, to predict price movements several bars ahead. It operates by communicating via HTTP with a local Python daemon that processes machine learning inference. The system includes an advanced Kel
FG Scalping Pro is an automated trading system for MetaTrader 5 that utilizes a multi-indicator approach to identify entry points. It combines exponential moving average crossovers with RSI momentum and Bollinger Band volatility filters to execute trades. The EA manages risk through dynamic ATR-based stop loss and take
This MetaTrader 5 framework provides a modular structure for developing and deploying automated strategies, specifically optimized for the Mini Índice Bovespa. It includes an example implementation of the Dunnigan setup, utilizing candle sequences and price levels for entries. The system manages trades with advanced co
Advanced Multi Currency Scalper is a MetaTrader 5 robot designed to monitor and trade multiple forex pairs simultaneously from a single instance. The strategy is based on Bollinger Bands, using period and deviation settings to identify potential entry points. Each currency pair is managed independently with its own set
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
This automated expert advisor for MetaTrader 5 implements institutional Smart Money Concepts using a multi-timeframe approach. It synchronizes analysis across three timeframes to identify trend direction, premium or discount zones, and market structure shifts. The robot executes trades based on liquidity sweeps and Fib
This educational expert advisor for MetaTrader 5 serves as a study tool for algorithmic trading. It executes a simple moving average crossover strategy, comparing fast and slow exponential moving averages on a five-minute timeframe. The system includes entry filters like a maximum spread threshold and a new-bar executi
Code To Cash is an end-to-end algorithmic trading system for MetaTrader 5 that combines deep learning forecasts with technical breakout logic. It utilizes a ZeroMQ bridge to receive real-time market predictions from an external Python backend. The system enters trades using BuyStop or SellStop orders at recent price ex
This MetaTrader 5 collection features several expert advisors and utility tools based on various technical analysis methods. The primary strategy uses Ichimoku Kinko Hyo components, specifically Tenkan-sen, Kijun-sen, and Senkou Span B, to identify trend-based entries. Additional bots in the repository utilize moving a
This MetaTrader 5 expert advisor executes a counter-trend strategy utilizing Bollinger Bands and the Slow Stochastic oscillator. Developed as part of academic research into deep learning and technical analysis, the robot incorporates Heiken Ashi filtering to identify market extensions and doji candles. It manages risk
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
This MetaTrader 5 expert advisor is a modular trading system designed for XAUUSD scalping. It utilizes a multi-engine architecture to separate market analysis, risk management, and execution logic. The robot generates entry signals based on technical indicators across multiple timeframes, requiring a minimum confidence
Athena is a MetaTrader 5 expert advisor designed for intraday trading based on session range breakouts. The robot monitors price action during a specific user-defined time window to establish daily high and low boundaries. Once this window closes, it executes buy or sell orders when the current price breaches these lev
This Expert Advisor for MetaTrader 5 implements a breakout strategy centered on a user-defined time range. It calculates the high and low prices within a specific session to place multiple pending orders at a set distance from the range boundaries. The system utilizes three separate take-profit targets for each directi
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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