This repository features a collection of trading tools for MetaTrader 5 and 4, headlined by a comprehensive Trade Manager EA. This manager enables manual execution via keyboard shortcuts and provides automated risk controls, including ATR-based break-even settings and trailing stops. The collection also offers strategy
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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 171Trade manager 1Risk & protectionNews trading 5Copier & bridgeFramework & template 1CollectionUtility 4
Strategy
This collection for MetaTrader 5 provides a library and several expert advisors optimized for Renko chart trading. It includes a primary automated robot that executes trades based on Renko bar signals, as well as specific examples for moving average and price crossovers. The included tools offer robust trade management
Parallel Strategies is a MetaTrader 4 expert advisor designed to execute multiple independent technical strategies simultaneously. It includes modules for Moving Average crossovers, MACD breakouts, Heiken Ashi signals, and a hybrid Heiken-MACD system. Each strategy operates with a unique magic number to allow concurren
This repository contains a collection of MetaTrader 4 expert advisors and utilities primarily focused on breakout and trend-following strategies. The featured EA, ttnFullTurtle, implements the classic Turtle Trading rules using dual breakout systems, ATR-based position sizing, and pyramiding logic. It includes risk con
This collection of MetaTrader 5 expert advisors focuses on mean-reversion and breakout strategies for gold (XAUUSD) on the M1 timeframe. The primary logic identifies statistical extremes using Z-Score calculations to trade price snap-backs. It includes a TickRobust variant designed to filter execution noise and a dual-
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 collection for MetaTrader 4 contains over eighty expert advisors and scripts primarily focused on Bollinger Band breakout strategies. The repository includes numerous variations for fixed lot sizes and specific money management settings. The included logic covers price action relative to moving averages and volati
This collection of Expert Advisors for MetaTrader 5 provides specific automated strategies for Gold, Bitcoin, EURUSD, and Nasdaq. The repository includes modules for ATR breakouts, Bollinger Band mean reversion, and opening range breakouts. Risk management is handled through a three-stage take profit system, automated
This repository contains a collection of MetaTrader 4 expert advisors developed for educational purposes and backtesting practice. It features several distinct trading strategies, including moving average crossovers, stochastic counter-trend setups, and pending order breakouts. The included scripts demonstrate essentia
This repository provides a collection of MetaTrader 5 expert advisors developed for learning algorithmic trading. The primary featured tool, TimeRangeEA, identifies price high and low points within a specific time window to execute breakout trades. It incorporates risk management through stop loss and take profit level
This repository contains a collection of MetaTrader 5 expert advisors and sample codes for various trading strategies. The primary EA, Rompimento Pivot, implements a breakout system utilizing a combination of Relative Strength Index, Average True Range, and Bollinger Bands as filters. It features comprehensive risk con
This collection of MetaTrader 4 expert advisors features several distinct trading robots including Daybreaker, Stradle, and the Signature System. The primary Daybreaker EA utilizes custom task scheduling and lookback periods to identify market entries based on volatility. It includes risk management controls such as pe
A collection of systematic Expert Advisors for MetaTrader 5 designed for session-specific execution. The repository includes multiple specialized engines for strategies such as range reversion, breakouts, and trend following. It features a centralized risk management layer with spread caps, daily loss limits, and conse
This repository provides a diverse collection of MetaTrader 5 expert advisors and utility scripts for automated trading. The primary logic focuses on managing pending orders through dynamic distance adjustments, time-scheduled trade execution, and sophisticated trailing stops that operate via price ticks or millisecond
This collection of MetaTrader 4 expert advisors focuses on time-based order execution and breakout strategies. The main EA places pending orders at a specific price distance during three user-defined time windows throughout the trading day. It manages risk via fixed stop loss and take profit levels, along with a config
This repository contains a collection of MetaTrader 5 expert advisors focused on advanced quantitative and machine learning techniques. The featured EA utilizes a technical summary approach inspired by TradingView, combining moving averages and oscillators with neural network confirmation via Hopfield and Restricted Bo
SoftArsenal is a collection of MetaTrader 4 expert advisors and development tools. The repository features a custom expert advisor named Aberration, which utilizes Bollinger Bands to identify market breakouts. It places pending buy and sell stop orders at the outer bands and dynamically adjusts stop loss levels to the
This collection for MetaTrader 5 features a suite of tools focused on drawdown protection and price action strategies. The primary risk management utility monitors account equity and balance, allowing users to set maximum loss thresholds in either percentage or fixed currency amounts. It can automatically block trading
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
This repository provides a collection of MetaTrader 5 expert advisors designed to automate strategies discussed on the author's YouTube channel. The scripts primarily target synthetic indices such as Boom and Crash. The logic involves monitoring price spikes and technical indicators including ATR, RSI, and Moving Avera
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
A collection of MetaTrader 4 expert advisors designed for trend-following strategies. The primary logic uses Donchian Channel breakouts with configurable periods for entries and exits. It features robust risk management, including percentage-based lot sizing and volatility-based stop loss and take profit levels calcula
This MetaTrader 4 expert advisor collection includes two distinct robots designed for trend-following and trend-breakout strategies. The system utilizes technical indicators such as Moving Averages and Bollinger Bands to identify market entry points and monitor price action. It features hardcoded logic for managing tra
A MetaTrader 4 expert advisor collection primarily focused on range breakout and BBMA strategies. The breakout EA identifies price ranges within a specific time window, executing trades based on price movement outside these boundaries. It includes risk management features such as stop loss, take profit with step-based
This repository contains a collection of MetaTrader 5 expert advisors designed for a quantitative trading seminar by QRT Solutions. It includes multiple models such as US opening gap momentum, opening range breakouts, and SMA-based gold strategies. Each robot features professional risk management components including t
This MetaTrader 5 repository provides a collection of seventeen quantitative trading strategies designed for educational and research purposes. The primary expert advisor implements a US opening gap momentum strategy, utilizing ATR-based gap thresholds and Z-Score volatility regime detection to identify entry points. R
Shakuni Trap is a MetaTrader 5 research laboratory focusing on systematic gold trading. The collection features multiple Expert Advisors, with the primary OneShot version utilizing M1 to M5 timeframes. This strategy executes trades based on EMA bounces or Donchian Channel breakouts, requiring alignment with higher time
This collection for MetaTrader 5 provides a diverse range of algorithmic trading strategies and utility scripts. The featured Precision Sniper EA utilizes indicator resonance, combining EMA, RSI, and ATR for entry signals. It incorporates sophisticated risk controls including three-stage partial profit taking, structur
Smart SL is a MetaTrader 5 risk management tool that calculates optimal exit levels using a multi-factor scoring system. It evaluates market structure via swing detection, ATR-based volatility, and multi-timeframe confluence. The tool offers three modes: real, virtual, and a hybrid setup with safety offsets. It include
This MetaTrader 5 collection features automated strategies including breakout, mean reversion, and gap-based systems. The primary breakout advisor utilizes a multi-factor weighting system to score potential trades based on ADX strength, ATR expansion, impulse candle size, and higher timeframe EMA alignment. Risk contro
This repository contains a collection of MetaTrader 5 expert advisors focusing on various automated strategies. Notable files include a liquidity sweep scalper, an opening range breakout tool, and an index arbitrage EA. The primary liquidity sweep EA uses price action filters like candle size and wick ratios alongside
This collection for MetaTrader 5 provides multiple trading strategies, including an Asian session breakout system, a trend-aligned mean reversion strategy, and a moving average crossover expert. The breakout logic identifies price ranges during the Asian session and initiates trades during London or New York hours if c
This collection of MetaTrader 5 expert advisors focuses on breakout strategies influenced by Smart Money Concepts. The primary tool, Super Breakout SMC, utilizes a multi-timeframe approach with M15 market structure analysis and M5 entry triggers. It features session-specific trading filters, often referred to as killzo
This MetaTrader 5 repository contains a collection of expert advisors centered on opening range breakouts and statistical mean reversion. The primary breakout tool defines trading zones based on specific time intervals and executes trades using price bias or candle closes. It incorporates robust risk management feature
This collection of MetaTrader 5 expert advisors focuses on automated trendline breakout strategies integrated with Elliott Wave theory and Fibonacci levels. The system identifies trendline breaks on the H4 timeframe and uses H1 and M15 intervals for entry confirmation. It employs RSI filters for divergence detection an
This repository provides a collection of expert advisors for MetaTrader 5, featuring various technical strategies. The primary implementation is the Trading Made Simple system, which utilizes Hull Moving Average crossovers, Heiken Ashi candles, and Stochastic filters to identify entry signals. Other included robots foc
This repository contains a collection of MetaTrader 4 and MetaTrader 5 utilities focused on technical analysis and automated trading. Key expert advisors include a binary options dashboard that monitors RSI levels and trendline breakouts across multiple timeframes, and a currency strength trader for automated entries.
This collection of MetaTrader 5 expert advisors provides experimental trading strategies focused on session breakouts and Smart Money Concepts. The primary robot monitors the opening ranges of the London and New York sessions on the M5 timeframe to identify entry signals. It incorporates several risk management tools,
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
This MetaTrader 5 repository provides a collection of expert advisors and visual dashboard tools centered on multi-timeframe technical analysis. It features strategies utilizing the Traders Dynamic Index, Exponential Moving Averages, and Commodity Channel Index indicators. The included tools range from trend-following
This repository provides a collection of MetaTrader 5 expert advisors focused on Smart Money Concepts and Inner Circle Trader methodologies. The included bots automate various trading models such as the Next Day Model, New York session range trading, and Fair Value Gap entries. Each tool utilizes multi-timeframe analys
This MetaTrader 5 collection features automated trading robots, primarily focusing on a time-based range breakout strategy. The included Time Ranger EA identifies high and low price levels during a specific intraday window and executes trades upon a breakout. It incorporates risk management through stop loss and take p
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
This repository contains a collection of MetaTrader 5 expert advisors created to test various trading concepts. The included bots trade diverse markets, utilizing indicators like moving averages, Bollinger Bands, Stochastic, and VWAP. The primary highlighted expert advisor executes trend-following trades on gold using
Ichimoku Ultimate Scanner EA is a MetaTrader 5 robot designed to monitor multiple financial instruments using the Ichimoku Kinko Hyo indicator. It scans all symbols within the Market Watch window to detect specific technical conditions, including price breakouts from the Kumo cloud and Chikou span confirmations. The sy
This repository provides a collection of MetaTrader 4 expert advisors designed for forex and digital markets. The primary expert advisor implements a breakout strategy by placing buy and sell stop orders at a specific distance from the previous day's high and low prices. It includes automated trade management features
This collection of MetaTrader 5 expert advisors is designed to trade Boom and Crash synthetic indices. The robots utilize RSI indicator logic and basic price action candle checks to identify and capture rapid price spikes. The tools feature automated trade execution with a focus on capturing momentum. Risk management i
This repository provides sample Expert Advisors for MetaTrader 4 and 5, focusing on a Donchian Channel breakout system. The robot identifies entries based on price breaking through the highest high or lowest low of a defined lookback period. Risk management is handled through percentage-based stop losses, take profits,
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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