This repository is a collection of educational expert advisors for MetaTrader 5, developed as part of an introductory MQL5 programming series. It includes multiple standalone robots utilizing common technical indicators such as moving average crossovers, Bollinger Bands, and the Relative Strength Index. The primary exp
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Expert Advisor Library
1,977 free, open-source expert advisors for MetaTrader 4 and 5, each linked to its source code on GitHub.
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This repository contains a diverse collection of automated trading robots for the MetaTrader 5 platform. The strategies range from trend-following systems using True Strength Index (TSI) and Moving Average crossovers to mean-reversion tools utilizing Relative Strength Index (RSI) and Bollinger Bands. Most experts inclu
This repository contains a collection of MetaTrader 5 Expert Advisors and scripts developed for educational and testing purposes. It includes various automated robots based on technical indicators such as the Stochastic Oscillator, RSI, and Moving Average crossovers. The primary Stochastic EA manages entries using over
This Expert Advisor for MetaTrader 5 implements a martingale trading strategy triggered by the Relative Strength Index (RSI). It opens an initial position when RSI reaches overbought or oversold thresholds. If price continues to move against the initial trade, the EA layers additional orders at set point intervals, mul
This repository is a substantial collection of nearly five hundred Expert Advisors for the MetaTrader 5 platform. The library includes various automated strategies such as divergence detection using RSI and MACD, moving average crossovers, and zone recovery systems. It features a mix of trading robots, indicator-based
This MetaTrader 5 expert advisor executes a mean reversion strategy based on price deviation from a Simple Moving Average. It enters short positions when prices rise above the average and long positions when prices fall below. The algorithm utilizes an aggressive grid-based recovery system where both the entry distance
This MetaTrader 5 expert advisor focuses on XAUUSD using a multi-timeframe scalping approach based on Smart Money Concepts. It identifies institutional market structures by analyzing H4 trends, H1 supply and demand zones, and M5 entries. The logic incorporates order block detection, Fair Value Gaps (FVG), and liquidity
This collection provides MetaTrader 5 Expert Advisors sourced from MQL5 programming documentation. The primary tool, Unity Martingale, implements a multi-currency reversal strategy using breakout or pullback signals. It employs a martingale lot-scaling system that increases positions after losses based on a user-define
This high-frequency scalping robot for MetaTrader 5 is specifically designed for the gold market. It determines entry points using a combination of EMA trend filters, ADX trend strength, and dynamic RSI levels. To recover from losing positions, the EA utilizes an aggressive martingale grid system with a customizable lo
This expert advisor for MetaTrader 5 is a multi-strategy system that utilizes market regime detection to switch between trend following, range trading, and breakout modes. It incorporates a wide array of technical indicators, including Moving Averages, RSI, MACD, Ichimoku, and SuperTrend. The bot manages risk through v
This MetaTrader 5 expert advisor utilizes a combination of Bollinger Bands, Relative Strength Index, and Average Directional Index to identify entries. It supports multi-timeframe analysis for trend confirmation and provides optional filters for Average True Range and price action patterns such as hammers. Risk managem
IchiDCA CCBSN PropFirm EA is an automated trend-following robot for MetaTrader 5, optimized for gold and forex markets. It triggers trades based on Ichimoku Cloud breaks, filtered by dual Exponential Moving Averages and MACD indicators. The strategy manages positions through a Dollar Cost Averaging system that layers u
This MetaTrader 5 expert advisor is an educational project implementing a martingale trading strategy. It uses Bollinger Bands to trigger entries and employs a grid-based approach to manage trades by layering additional positions at fixed intervals. The system features lot size multiplication after each layer to recove
This repository is a diverse collection of MetaTrader 5 Expert Advisors, featuring nearly 100 different scripts sourced from various origins. The library includes automated robots based on standard indicators like Bollinger Bands, MACD, Stochastics, and moving average crossovers, as well as channel trading systems and
Fibonacci ICT EA for MetaTrader 5 combines institutional price action concepts with Fibonacci retracement levels. It identifies higher timeframe trends and enters on pullbacks to specific golden zones using confirmations like Break of Structure and Fair Value Gaps. The system includes robust risk management such as per
This MetaTrader 5 expert advisor functions as a grid-based recovery system that can operate independently or manage trades from external EAs via magic number filtering. It initiates entries using Bollinger Bands and RSI indicators, then manages drawdown through a recovery grid matrix. The system employs dynamic ATR-bas
This MetaTrader 5 expert advisor is designed specifically for the Deriv Crash 300 Index synthetic market. It employs a jump-diffusion model to detect price spikes and enters long positions during the subsequent recovery drift phase. The robot manages trades using fixed stop loss and take profit targets, with additional
This MetaTrader 5 expert advisor implements Smart Money Concepts (SMC) by identifying liquidity sweeps and premium or discount zones. It detects buy-side and sell-side liquidity levels, looking for price sweeps followed by retest entries. The robot manages trades using a fixed risk-to-reward ratio, trailing stops, and
Advanced Grid Trading is a MetaTrader 5 expert advisor that manages a complex grid strategy across four configurable layers. It places stop and limit orders at fixed intervals, employing either fixed or geometric lot scaling for increased grid depth. Trade management includes a shared profit pool used to close losing p
Oslib is an extensive repository of Expert Advisors and indicators for MetaTrader 5, encompassing various quantitative trading approaches. The collection includes statistical arbitrage robots that trade spreads between two correlated symbols, machine learning experts utilizing Support Vector Machines (SVM), and high-fr
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 contains a collection of MetaTrader 5 expert advisors developed for educational purposes. The primary strategies revolve around Commodity Channel Index crossovers and Average True Range indicators for dynamic stop loss and take profit placement. The codebase includes various experimental models, such as
This MetaTrader 5 expert advisor implements a multi-layered grid strategy that manages up to three independent grids simultaneously on a single instrument. It uses the Relative Strength Index (RSI) across different timeframes to determine the initial trade direction for each grid. The EA employs martingale lot scaling,
MadRabbit Universal is a collection of MetaTrader 5 expert advisors and trading tools focused on multi-indicator strategies. The flagship Universal Turbo robot allows users to combine signals from moving average crossovers, MACD, VWAP, ATR, and RSI. It is primarily designed for netting accounts trading indices and stoc
This repository provides a collection of MetaTrader 5 expert advisors based on moving average crossovers and price distance relative to the mean. The core logic monitors the gap between the current price and a simple moving average while tracking candle direction for entry signals. The collection includes variations fo
This collection for MetaTrader 4 and 5 features the Guangying multi-symbol expert advisor alongside various utility tools and martingale-based robots. The primary system monitors multiple forex pairs and gold from a single chart using Fibonacci-derived logic for trade entries. It includes risk controls such as equity d
Xau Cloud AI Sniper is an automated trading robot for MetaTrader 5 designed for gold trading. It utilizes a multi-layered entry pipeline involving a pattern engine, breakout detection, and trend alignment, often synchronized with external cloud-based market outlooks. The system features an AI-filter mode to validate tr
This collection of MetaTrader 5 expert advisors focuses on grid and basket trading strategies. The core system establishes a reference price based on a specific hourly candle to initiate buy and sell grids. It manages risk using volume-weighted basket targets for take profit and stop loss. The EA employs aggressive lot
C Financial is a MetaTrader 5 repository containing a large collection of expert advisor variants focused on trend-following and price action strategies. The primary scripts utilize technical indicators like Moving Averages, ADX, CCI, and Average True Range to detect market direction and volatility. It features modular
This Expert Advisor for MetaTrader 5 focuses on gold trading through a combination of mean-reversion signals and a grid management system. It uses multi-timeframe filters, including exponential moving averages and ADX on the H1 timeframe, to identify trend direction while executing entries on M15 based on RSI and Bolli
NeoFL is a collection of modular MetaTrader 5 trading robots built on a shared algorithmic architecture. The library includes specialized engines for gold, forex, and candle level revisits. The primary Candle Revisit EA uses M5 price action analysis for entries while employing an M1 observer for trade protection. It ma
This repository features a collection of MetaTrader 5 Expert Advisors developed for strategy and risk-management research. It includes a multi-pair mean reversion grid system, a gold breakout robot using previous day levels, and trend-following strategies based on moving averages. The EAs incorporate extensive risk con
This repository contains two expert advisors for MetaTrader 5: a reconstruction of a popular grid system and a price-action tool for gold. The primary EA utilizes RSI and price extremes for entry signals, managing trades through a grid with tiered lot multipliers. It features smart distance calculations using ATR ratio
This automated expert advisor for MetaTrader 5 executes trades based on Gann Box analysis, identifying entries at dynamic support and resistance levels. It features advanced risk controls including hard stop loss, take profit, and a trailing stop. The EA provides four capital management modes: fixed lot size, risk perc
MADR Brothers is a MetaTrader 5 expert advisor that utilizes multi-timeframe Moving Average Deviation Rates to identify trading opportunities. It filters market trends using a long-period MADR on higher timeframes while entering trades based on overbought or oversold levels of a shorter-period MADR. The system includes
OmniB3 is an automated grid trading expert advisor for MetaTrader 5, specifically developed for the Brazilian B3 exchange mini-contracts including WIN (mini-index) and WDO (mini-dollar). It employs a multi-indicator entry system with up to four confirmation layers, utilizing signals such as RSI. The EA features an adva
This repository features a collection of MetaTrader 5 expert advisors, with a primary focus on a Renko Reversal strategy ported from Pine Script. The main robot identifies trend shifts by simulating Renko bricks on standard OHLC bars, entering and exiting trades based on a configurable number of consecutive bricks. It
LQS AI Institutional Engine is a MetaTrader 5 robot designed for trading gold using market microstructure analysis. It combines four analytical modules focusing on liquidity sweeps, order flow divergence, Wyckoff accumulation and distribution phases, and multiple anchored VWAP levels. The system features an integrated
This MetaTrader 5 expert advisor is designed for gold trading using an adaptive, modular architecture. It features a regime detector that switches between trend-following, mean reversion, and breakout strategies based on market conditions. The system utilizes exponential moving averages, ADX for trend strength, and RSI
This multi-asset MetaTrader 5 expert advisor is designed for gold, forex, and cryptocurrency markets, specifically XAUUSD, GBPUSD, and BTCUSD. It focuses on a single-position approach, explicitly avoiding grid or martingale techniques. Trade entries are managed through session filters for London and New York and are pr
This MetaTrader 5 expert advisor utilizes Stochastic Oscillator crossovers to execute buy and sell orders. It calculates entry signals based on a minimum difference between the %K and %D lines. Risk management includes stop loss and take profit levels calculated using spread multipliers, as well as a trailing stop that
UltraHFT Expert Advisor is a high-frequency scalping robot for MetaTrader 5 that combines five strategy layers including EMA crossovers, RSI mean reversion, and volatility breakouts. It evaluates market conditions on every tick, entering trades when multiple signals align. The system employs strict risk controls with h
This MetaTrader 5 expert advisor implements a multi-pair grid and dollar-cost averaging strategy. It monitors a configurable list of currency pairs and determines trade direction using a moving average trend filter. When price moves against an initial position, the bot opens additional levels using fixed, additive, or
This MetaTrader 5 repository contains a collection of expert advisors, primarily documented around the TrioMartingale strategy. This system uses a martingale grid approach on AUDNZD, NZDCAD, and AUDCAD to exploit triangular correlation and mean-reversion. Entries are filtered using RSI and Moving Averages, while risk i
This MetaTrader 5 repository provides a collection of expert advisors, including a specialized mean-reversion system for gold and silver. The primary strategy identifies liquidity sweeps of the first trading hour to time entries, utilizing multi-timeframe filters like ADX and candle wick ratios. It manages risk through
Hosopi 2 is an automated trading robot for MetaTrader 4 and 5 that utilizes a mean-reversion strategy based on Bollinger Bands. The system enters counter-trend trades when price hits the bands and manages positions using a Nanpin martingale approach, layering orders at intervals to average down. Risk controls include t
EA Ak47 Hybrid is a modular scalping expert advisor for MetaTrader 5, specifically optimized for gold markets. It generates signals using the Relative Strength Index filtered by an Exponential Moving Average trend component. The EA includes secondary filters for ATR volatility, MACD momentum, and Stochastic oscillators
This automated trading robot for MetaTrader 5 is designed specifically for gold and silver markets. It utilizes an AI-driven approach incorporating quantum state modeling and a chaos filter to identify market entries. The strategy weights inputs from RSI, ADX, and moving averages against an adaptive decision threshold.
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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