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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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155 EAs match Clear filters

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
61 stars

This collection features several expert advisors for the MetaTrader 5 platform, each built around a different technical indicator such as MACD, RSI, Parabolic SAR, and Ichimoku Kinko Hyo. The robots execute trades based on classic signal logic, including zero-line crossings and signal line crossovers. Users can configu

MT5 Collection Indicator crossoverTrend followingMean reversion
Updated 6 years ago Custom licence GitHub repository of Pipbolt MT5 Expert Collection
40 stars

This educational collection provides a foundation for building MetaTrader 5 expert advisors through a series of modular code snippets and a primary RSI-based trading robot. The included expert advisor executes trades based on Relative Strength Index overbought and oversold levels, supporting both live and closed candle

MT5 Collection Mean reversionIndicator crossoverTrend following

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

Scalpflip EA

by anthonycdp
25 stars

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

MT5 Trading robot ScalpingTrend followingMean reversion
Updated 1 year ago None stated GitHub repository of Scalpflip EA

Basic Bollinger Bands EA

by terencebeauj
21 stars

This MetaTrader 5 expert advisor utilizes the Bollinger Bands and Parabolic SAR indicators to execute trades based on market volatility. It functions as an entry-level algorithmic trading template, allowing users to modify strategy logic or optimize parameters using the MT5 Strategy Tester. The bot manages risk through

MT5 Trading robot Mean reversionTrend following
19 stars

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

MT4 Collection BreakoutTrend followingMean reversion

Heiken Ashi Naive

by EarnForex
17 stars

Heiken Ashi Naive is a trading robot for MetaTrader 4 and 5 that executes trades based on Heiken Ashi candle characteristics, including body length and wick presence. It evaluates candle sequences to enter positions and can be configured to either follow the trend or operate in an inverted mode for mean-reversion. Risk

MT4MT5 Trading robot Trend followingMean reversion
Updated 1 year ago Apache-2.0 GitHub repository of Heiken Ashi Naive

Ubot

by kudzaiprichard
15 stars

Ubot is an automated trading system for MetaTrader 4 that utilizes the Traders Dynamic Index (TDI) indicator to execute market entries. It identifies specific technical patterns described as sharkfin and squeeze setups to determine trend direction and volatility. The expert advisor features advanced trade management to

MT4 Trading robot Trend followingMean reversion
Updated 2 years ago Custom licence GitHub repository of Ubot

MonsterFX Reliable Trader

by NadirAliOfficial
12 stars

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

MT5 Trading robot Indicator crossoverTrend followingMean reversion

FG Scalping Pro

by FaizGusion00
11 stars

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

MT5 Trading robot ScalpingIndicator crossoverMean reversion
Updated 1 year ago Custom licence GitHub repository of FG Scalping Pro
11 stars

This MetaTrader 4 expert advisor automates trading by combining the Relative Strength Index (RSI) with Ichimoku Kumo signals. It scans every instrument listed in the Market Watch window to identify entries across multiple pairs simultaneously. The robot includes a built-in spread filter to avoid high-cost executions an

MT4 Trading robot Trend followingMean reversion
Updated 6 years ago None stated GitHub repository of RSI Ichimoku Trader Bot
10 stars

This MetaTrader 4 expert advisor implements a reversal and trend-following strategy based on SOMAT3 and IRC Triplets indicators. It evaluates price action across consecutive bars to identify entries and offers an optional trend filter for signal validation. The system manages risk using fixed lot sizing, initial stop l

MT4 Trading robot Trend followingMean reversion
Updated 6 years ago None stated GitHub repository of PhD Appsolute System

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
9 stars

This MetaTrader 5 expert advisor collection provides multiple variants for scalping gold on the one-minute timeframe. It utilizes a combination of Stochastic Oscillator crossovers and linear regression analysis to identify trend quality and entry points. Trade management is handled through ATR-based dynamic stop loss a

MT5 Trading robot ScalpingTrend followingMean reversion

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

Snipe FX Pro

by NadirAliOfficial
6 stars

Snipe FX Pro is a MetaTrader 5 expert advisor designed for high-frequency tick scalping, primarily pre-configured for XAUUSD. It utilizes a virtual stealth execution system to manage entries and exits without placing hard stops on the broker's server until necessary. The EA enters trades based on price breakouts or pul

MT5 Trading robot ScalpingTrend followingMean reversion
Updated 7 weeks ago None stated GitHub repository of Snipe FX Pro

Enamel

by DocProvolone
6 stars

Enamel is a trend-pullback expert advisor for MetaTrader 5 specifically configured for USD currency pairs. The robot identifies entries using a combination of exponential moving averages, RSI, MACD, and ADX indicators, requiring confirmation from candle body size relative to volatility. It includes a higher timeframe t

MT5 Trading robot Trend followingMean reversionIndicator crossover
Updated 12 months ago Apache-2.0 GitHub repository of Enamel
6 stars

This MetaTrader 5 expert advisor provides a versatile framework for trading based on Heiken Ashi price action. It allows users to toggle between numerous built-in strategies, including trend following, moving average crossovers, Fibonacci levels, and various oscillators like RSI and MACD. The system includes an option

MT5 Trading robot Trend followingIndicator crossoverMean reversion
Updated 2 years ago None stated GitHub repository of Heiken Ashi Complete Strats

OwaisQuadri MT4 Code

by OwaisQuadri
6 stars

This MetaTrader 4 expert advisor executes trades based on momentum oscillators, trend filters, and price action patterns. It utilizes a Stochastic oscillator alongside multiple Exponential Moving Averages to identify entry points in alignment with the prevailing trend. The logic incorporates candlestick analysis, speci

MT4 Trading robot Indicator crossoverTrend followingMean reversion
Updated 6 years ago None stated GitHub repository of OwaisQuadri MT4 Code

ICT System EA

by 26730023-PhamPhuNguyenHung
5 stars

This MetaTrader 5 expert advisor automates trading strategies based on Inner Circle Trader (ICT) and Smart Money Concepts (SMC). It utilizes a confluence engine to evaluate market structure, PDA zones, fair value gaps, order blocks, and SMT divergence against correlated symbols like the DXY. Designed specifically for p

MT5 Trading robot SMC / ICT / price actionTrend followingMean reversion
Updated 6 months ago None stated GitHub repository of ICT System EA
5 stars

This MetaTrader 4 collection contains automated trading systems developed by the MQL UZ team, focusing on technical analysis strategies. The primary expert advisor, Fibonacci Djamoliddin, identifies market entries using Fibonacci retracement levels and chart objects. It includes basic risk management features such as f

MT4 Collection Trend followingMean reversion Archived
Updated 3 years ago Custom licence GitHub repository of MQL Uz Fibonacci Collection
4 stars

This MetaTrader 5 expert advisor serves as a template for automated indicator-based trading. It combines multiple technical tools, including RSI, MACD, Parabolic SAR, and Bollinger Bands, to identify market entry and exit points. The system features a dynamic risk management module that adjusts position sizing based on

MT5 Trading robot Indicator crossoverMean reversionTrend following
Updated 2 years ago None stated GitHub repository of Basic Signal Trading Bot
4 stars

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

MT5 Collection BreakoutIndicator crossoverMean reversion
3 stars

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

MT5 Collection Mean reversionBreakoutTrend following

IJESHA Algo EA

by Shifrozy
3 stars

This MetaTrader 5 expert advisor implements a multi-indicator strategy based on momentum and divergence confluence. It utilizes Stochastic, Commodity Channel Index (CCI), Parabolic SAR, and Exponential Moving Averages (EMA) to identify entries, specifically targeting bullish and bearish divergence patterns. Risk manage

MT5 Trading robot Mean reversionTrend followingIndicator crossover
Updated 2 weeks ago MIT GitHub repository of IJESHA Algo EA

Sanqing EA

by caoruihua
3 stars

An automated trading system for MetaTrader 4 specifically designed for gold (XAUUSD) on the M5 timeframe. It features two core strategies: trend continuation and price pullbacks. The expert advisor utilizes a dual exponential moving average framework for direction and ATR for volatility filtering. Risk management is ha

MT4 Trading robot Trend followingMean reversionIndicator crossover
Updated 5 months ago None stated GitHub repository of Sanqing EA

EA SMC Engine

by Pauloeduspbr
3 stars

This automated trading robot for MetaTrader 5 implements Smart Money Concepts (SMC) and ICT principles using a hybrid architecture. Trading logic and signal detection are processed within a native C++ DLL, while the MQL5 bridge handles trade execution and data feeding. The system identifies market structure shifts, inc

MT5 Trading robot SMC / ICT / price actionBreakoutTrend following
Updated 5 months ago MIT GitHub repository of EA SMC Engine

Edelweiss EA

by Attornado
3 stars

Edelweiss EA is an educational trading robot for MetaTrader 4 that utilizes a multi-indicator framework to generate buy and sell signals. It combines exponential moving averages, stochastic oscillators, the awesome oscillator, ADX, and Bollinger Bands to identify market entries. Trade management includes dynamic ATR-ba

MT4 Trading robot Indicator crossoverMean reversionTrend following
Updated 11 months ago MIT GitHub repository of Edelweiss EA

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

Strategy TMA CG

by EA31337
3 stars

This MetaTrader 5 expert advisor implements a trading strategy based on the TMA+CG (Triangular Moving Average and Center of Gravity) indicator. Developed using the EA31337 framework, the robot utilizes the non-repainting version of the indicator to identify market entries. It features a multi-timeframe capability, enab

MT5 Trading robot Mean reversionTrend following
Updated 2 years ago None stated GitHub repository of Strategy TMA CG

DS Fibonacci Trader

by DaniloS99
3 stars

DS Fibonacci Trader is a MetaTrader 5 expert advisor that automates trading based on Fibonacci retracement levels. The robot calculates the price range over a specified number of days to determine key levels including 23.6, 38.2, 50.0, 61.8, and 76.4 percent. It provides visual chart objects and manages order execution

MT5 Trading robot Mean reversionTrend following
Updated 5 years ago None stated GitHub repository of DS Fibonacci Trader

This repository offers a collection of MetaTrader 4 expert advisors focused on technical indicator triggers and price action. The suite includes tools for trading moving average crossovers, ADX momentum, and Stochastic oscillators. A dedicated EA identifies specific candlestick patterns such as Three White Soldiers and

MT4 Collection Indicator crossoverTrend followingMean reversion

Tre Boll Trend

by linbirg
3 stars

Tre Boll Trend is a MetaTrader 4 Expert Advisor designed to identify and trade market trends using multi-timeframe Bollinger Band analysis. The system processes data from timeframes ranging from five minutes to one day, calculating advanced metrics such as price velocity, acceleration, and standard deviation. It monito

MT4 Trading robot Trend followingIndicator crossoverMean reversion
Updated 7 years ago None stated GitHub repository of Tre Boll Trend

3711 Single EA

by hakimibob
2 stars

This expert advisor for MetaTrader 5 utilizes a multi-timeframe technical approach, scanning H1, M30, M15, and M5 periods simultaneously. It generates signals using a stochastic stack combined with RSI and stochastic divergence detection. The system incorporates a formula pack for market structure analysis, including B

MT5 Trading robot Indicator crossoverMean reversionSMC / ICT / price action
Updated 4 weeks ago None stated GitHub repository of 3711 Single EA
2 stars

This MetaTrader 5 expert advisor focuses on the EURUSD pair using an adaptive market regime approach. It alternates between trend-following and mean-reversion logic based on ADX and EMA indicators. The trend strategy utilizes price breakouts or pullbacks confirmed by RSI, while the range strategy employs Bollinger Band

MT5 Trading robot Trend followingBreakoutMean reversion
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
2 stars

This MetaTrader 5 expert advisor automates butterfly option strategies specifically for the AUDUSD pair. It utilizes a multi-timeframe approach, requiring bullish trend confirmation on H1 and H4 charts using exponential moving averages before entering positions. The logic identifies favorable volatility conditions thro

MT5 Trading robot Trend followingMean reversion
Updated 4 months ago None stated GitHub repository of AUDUSD Butterfly Options EA

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

This MetaTrader 5 expert advisor executes a multi-stage trading strategy focusing on H1 trendline breakouts and RSI divergences. It refines entries on the M5 timeframe using Change of Character and micro Break of Structure signals. The EA includes automated risk management with percentage-based lot sizing and ATR-based

MT5 Trading robot SMC / ICT / price actionBreakoutTrend following

MH EA Collection

by mhizterkeyz
2 stars

This collection of MetaTrader 5 expert advisors contains numerous trading scripts, with the primary source code focusing on a gold-trading strategy. The robot utilizes a combination of the Relative Strength Index, Average True Range, and Average Directional Index alongside three simple moving averages to identify trend

MT5 Collection Trend followingIndicator crossoverMean reversion
Updated 7 months ago None stated GitHub repository of MH EA Collection

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

Gold Strategies

by Zeeshan-Ahmad-Chaudhry
2 stars

This MetaTrader 5 collection provides specialized robots for trading XAUUSD, featuring a range-based mean reversion system and a trend-following expert advisor. The primary mean reversion strategy utilizes RSI, Bollinger Bands, and previous daily highs and lows to identify reversal points. It includes comprehensive ris

MT5 Collection Mean reversionTrend following
Updated 10 months ago None stated GitHub repository of Gold Strategies
2 stars

This MetaTrader 5 expert advisor combines Bollinger Band mean-reversion, squeeze breakouts, and EMA crossover trend following. It filters for ranging markets using a long-period EMA slope to execute reversal trades with candlestick confirmation, specifically identifying Doji patterns at the bands. Risk management inclu

MT5 Trading robot Mean reversionBreakoutIndicator crossover
2 stars

This MetaTrader 5 expert advisor serves as a signal generation tool primarily designed for the EURUSD currency pair. It identifies entry signals by combining MACD crossovers and Relative Strength Index levels, using a 200-period Exponential Moving Average as a primary trend filter. The system integrates a fundamental n

MT5 Trading robot Trend followingMean reversionIndicator crossover
Updated 1 year ago None stated GitHub repository of Advanced Signal Generator

EURUSD Surge EA

by Masa1984a
2 stars

This MetaTrader 4 expert advisor is designed specifically for the EURUSD pair, focusing on price surge detection and subsequent pullback entries. It identifies significant volatility using ATR and candlestick body ratios, entering trades during correction phases. The robot incorporates multi-timeframe analysis across M

MT4 Trading robot Trend followingBreakoutMean reversion

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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