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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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338 EAs match Clear filters

EA31337

by EA31337
1.3k stars

EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat

MT5 Trading robot Multi-strategyNewsTrend following
Updated 5 months ago GPL-3.0 GitHub repository of EA31337

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

Trade Split Manager

by codedpro
79 stars

This MetaTrader 5 expert advisor serves as an AI-friendly bridge, connecting external platforms to the terminal via REST API and TCP sockets. It specializes in intelligent order splitting, where a single trade signal is divided into up to ten individual positions with staggered take-profit levels and custom volume dist

MT5 Trading robot Multi-strategy
Updated 2 months ago Custom licence GitHub repository of Trade Split Manager

MT5 MA Crossover Bot

by LucasMarianoVieira
31 stars

This MetaTrader 5 expert advisor implements a classic dual moving average crossover strategy. It tracks short-term and long-term moving averages, entering a buy position when the faster line crosses above the slower line and a sell position when it crosses below. Upon receiving a new signal, the bot automatically close

MT5 Trading robot Indicator crossoverTrend following
Updated 9 years ago None stated GitHub repository of MT5 MA Crossover Bot

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
20 stars

This MetaTrader 4 expert advisor implements a sophisticated trading framework based on a 2023 soft computing research paper. It utilizes a Bidirectional LSTM with an Attention Mechanism and Chaotic Neuro-Oscillators to predict future High, Low, Close, and Open prices. To address the limitations of traditional lagging i

MT4 Trading robot AI / machine learning

Makets GA

by nopaixx
20 stars

Makets GA is a neural network trading system for MetaTrader 5 that utilizes genetic algorithms to optimize weights for multi-layer perceptrons. Instead of standard price prediction, the EA evolves trading strategies by processing price data across several major currency pairs simultaneously. It implements evolutionary

MT5 Trading robot AI / machine learningMulti-strategy
Updated 8 years ago None stated GitHub repository of Makets GA
18 stars

This expert advisor for MetaTrader 5 utilizes a genetic algorithm and neural network to make autonomous trading decisions without relying on traditional technical indicators. It implements a self-learning mechanism that evaluates a population of species to determine entry, exit, and lot sizing across multiple currency

MT5 Trading robot AI / machine learningHedging

Adeline EA

by Lucas170
18 stars

Adeline is a MetaTrader 4 expert advisor that executes trades based on a dual moving average crossover strategy. It monitors the 10-period and 40-period Simple Moving Averages, entering long or short positions when the fast line crosses the slow line. The robot manages exits using opposite signal crossovers, a fixed st

MT4 Trading robot Indicator crossover
Updated 7 years ago None stated GitHub repository of Adeline EA

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

De Pip Sniper

by Oluwasakin-Tobi
16 stars

This expert advisor for MetaTrader 4 automates trading using five Exponential Moving Average periods to determine market direction. The developer notes an integration between C# and MQL4 for its operation. It manages trades with fixed stop loss and take profit parameters, ensuring each position has defined risk boundar

MT4 Trading robot Indicator crossoverTrend following
Updated 6 years ago None stated GitHub repository of De Pip Sniper

Adjustable MA

by EarnForex
15 stars

This MetaTrader expert advisor implements a classic moving average crossover strategy for both MT4 and MT5. It enters trades when a fast moving average crosses a slow moving average, requiring a user-defined minimum point difference to confirm the signal. The robot includes risk management features such as stop loss, t

MT4MT5 Trading robot Indicator crossover
Updated 5 months ago Apache-2.0 GitHub repository of Adjustable MA

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

RSI EA

by EarnForex
14 stars

RSI EA is a MetaTrader 5 robot designed to execute trades based on the Relative Strength Index indicator. It functions as a template for mean-reversion strategies, triggering entries when the indicator crosses specific overbought and oversold thresholds. The expert advisor features comprehensive risk controls, includin

MT5 Trading robot Mean reversion
Updated 2 years ago Apache-2.0 GitHub repository of RSI EA

MA Cross EA

by eugenesia
14 stars

This MetaTrader 4 expert advisor implements a classic moving average crossover strategy to automate trade entries. The robot monitors two user-defined simple moving averages of different periods. It enters a trade when the faster moving average crosses above or below the slower moving average on a new bar. Risk managem

MT4 Trading robot Indicator crossoverTrend following
Updated 10 years ago None stated GitHub repository of MA Cross EA

CARA Correlation EA

by jblanked
13 stars

This MetaTrader 4 expert advisor facilitates automated trading based on asset correlations across various markets. It identifies opportunities within a predefined list of symbols, including forex pairs, cryptocurrencies, gold, and equity indices. The EA manages entries based on the relationship between these instrument

MT4 Trading robot ArbitrageMulti-strategy
Updated 2 years ago None stated GitHub repository of CARA Correlation EA

MACD MME

by codingfordummies911
12 stars

This MetaTrader 5 expert advisor executes trades based on a combination of MACD signal levels and exponential moving average crossovers. It utilizes a 20-period and 6-period EMA to determine trend direction before initiating positions at specific MACD pip thresholds. The system employs a unique risk management approach

MT5 Trading robot Indicator crossoverTrend following
Updated 9 months ago None stated GitHub repository of MACD MME
12 stars

This MetaTrader 5 expert advisor implements a machine learning approach using a Decision Tree model to execute trades. It functions as a bridge between MetaTrader and a local Python-based server using sockets. The system utilizes MACD, RSI, and Exponential Moving Average indicators as primary data features for the neur

MT5 Trading robot AI / machine learningIndicator crossover

MyRandom

by EarnForex
10 stars

MyRandom is a proof-of-concept expert advisor for MetaTrader 4 and 5 that executes trades in random directions. Developed for educational purposes and backtesting research, the robot enters a position after a user-defined number of bars have passed. It includes standard risk management controls such as fixed lot sizing

MT4MT5 Trading robot
Updated 1 year ago Apache-2.0 GitHub repository of MyRandom
10 stars

This expert advisor for MetaTrader 5 automates trade entries using a combination of Relative Strength Index (RSI), Money Flow Index (MFI), and multiple Moving Average periods. It identifies potential entry points based on overbought and oversold thresholds, specifically looking for RSI values below 30 or MFI values bel

MT5 Trading robot Mean reversionIndicator crossover
Updated 3 years ago None stated GitHub repository of Emreguven Forex Trading 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

Zeus

by kecoma1
9 stars

Zeus is an expert advisor for MetaTrader 5 that employs a neural network to forecast future price targets. It analyzes historical price action by identifying relative highs and lows to generate inputs for its prediction model. The EA executes market orders when the model predicts a price move, automatically setting sto

MT5 Trading robot AI / machine learning
Updated 2 years ago MIT GitHub repository of Zeus

Robot MA RSI

by DouglasVolcato
9 stars

Robot MA RSI is an automated trading expert advisor for MetaTrader 5 that employs a combination of exponential moving average crossovers and the Relative Strength Index. Users can choose between three entry strategies: moving average signals, RSI levels, or a combined approach requiring both conditions. The system mana

MT5 Trading robot Indicator crossoverMean reversion
Updated 2 years ago None stated GitHub repository of Robot MA RSI

MA Cross Scale In

by OrchardForexTutorials
9 stars

This educational expert advisor for MetaTrader 4 and 5 demonstrates a logic for scaling into winning positions. It utilizes a simple moving average crossover strategy for initial trade entries. The primary feature is a function that detects when a current position has reached a specific profit target to trigger additio

MT4MT5 Trading robot Indicator crossover
Updated 4 years ago GPL-3.0 GitHub repository of MA Cross Scale In

Repeat EA

by KeisukeIwabuchi
9 stars

This MetaTrader 4 expert advisor executes trades repeatedly at a user-defined price level. The robot monitors price action and opens a buy or sell position when the market reaches the specified entry price. Once a trade is closed via the designated take profit target, the EA resets and prepares to re-enter the market a

MT4 Trading robot
Updated 8 years ago MIT GitHub repository of Repeat EA

MetaTrader AI

by jblanked
8 stars

This AI-driven trading assistant integrates Large Language Models like OpenAI and DeepSeek into the MetaTrader 5 platform. It functions as an interactive chat-based assistant and robot, capable of opening, closing, and modifying positions based on natural language prompts. The system can fetch real-time market data, ca

MT5 Trading robot AI / machine learning
Updated yesterday GPL-3.0 GitHub repository of MetaTrader AI

AI ML Machine EA

by joel-wa
8 stars

This MetaTrader 5 expert advisor integrates machine learning into forex trading by establishing a socket connection between the terminal and a local server. The system consists of a data scraper to collect market history and a trading agent that executes orders based on external model predictions. It handles entries us

MT5 Trading robot AI / machine learning
Updated 2 years ago None stated GitHub repository of AI ML Machine EA

AI Gen XII

by KanekiCraynet
7 stars

This Expert Advisor for MetaTrader 4 utilizes automated trading logic reportedly assisted by AI models like GPT-4o and ATNet. It executes trades based on market analysis and includes built-in risk controls such as dynamic lot sizing, trailing stops, and a time filter to restrict activity to specific hours. The system a

MT4 Trading robot AI / machine learning
Updated 7 months ago None stated GitHub repository of AI Gen XII
7 stars

Amin Multi Strategy Bot is an automated trading system for MetaTrader 5 designed for the forex market. It uses a multi-timeframe approach that integrates technical analysis, candlestick pattern recognition, and price level detection. The expert advisor is constructed with modular components, including a signal manager,

MT5 Trading robot Multi-strategy
Updated 1 year ago None stated GitHub repository of Amin Multi Strategy Bot
7 stars

This MetaTrader 5 expert advisor implements an automated trend-following system based on the combination of Average True Range and Moving Average indicators. Built using the modular EA31337 framework, it identifies market direction and volatility to determine trade entries. The robot supports concurrent analysis across

MT5 Trading robot Trend followingIndicator crossover
Updated 2 years ago None stated GitHub repository of ATR MA Trend Strategy

RSI MA Cross Custom

by OrchardForexTutorials
7 stars

This expert advisor for MetaTrader 5 combines moving average crossovers with Relative Strength Index (RSI) levels to identify entry points. It initiates buy orders when the RSI indicates oversold conditions and a fast exponential moving average crosses above a slow exponential moving average. Conversely, it opens sell

MT5 Trading robot Indicator crossoverMean reversion
Updated 3 years ago GPL-3.0 GitHub repository of RSI MA Cross Custom
7 stars

This MetaTrader 5 expert advisor provides a framework for testing and executing indicator-based strategies, specifically those aligned with the No Nonsense Forex methodology. It allows users to define a baseline and a secondary confirmation indicator through external inputs. Trade management includes automated ATR-base

MT5 Trading robot Trend followingBreakout
Updated 5 years ago None stated GitHub repository of Backtestd Expert

Desiree EA

by Lucas170
7 stars

Desiree is an automated trading robot for MetaTrader 4 that utilizes Donchian Channel breakouts for trade execution. The system enters positions based on a specific lookback period and exits using a separate exit period. A notable logic constraint prevents the EA from entering a new trade if the preceding trade resulte

MT4 Trading robot BreakoutTrend following
Updated 9 years ago None stated GitHub repository of Desiree EA
7 stars

This MetaTrader 4 expert advisor implements a flexible strategy based on the directional consensus of multiple technical indicators. It allows users to combine Moving Averages, Stochastic Oscillators, THV3 T3, Babon Slope, and AMA Optimized modules. A trade is initiated only when all selected indicators align in the sa

MT4 Trading robot Trend followingMulti-strategyIndicator crossover

Complex Market Predictor

by scuffff2828
6 stars

This MetaTrader 5 expert advisor uses complex mathematical modeling to predict future price movements through a combination of sinusoidal analysis, Fast Fourier Transform, and Monte Carlo simulations. It evaluates cyclical trends, fractal structures, and non-linear volatility via sigmoidal functions to generate buy and

MT5 Trading robot AI / machine learning

Strategy SuperTrend

by EA31337
6 stars

This MetaTrader 5 expert advisor implements a trend-following strategy based on the SuperTrend indicator. Built using the EA31337 framework, it supports multi-timeframe analysis through a configurable bitmask parameter. The EA enters trades based on indicator signal reversals and manages operations across various chart

MT5 Trading robot Trend following
Updated 2 years ago None stated GitHub repository of Strategy SuperTrend
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

GBP USD Mean Reversion Bot

by iamshakibulislam
6 stars

This expert advisor for MetaTrader 4 implements a mean reversion strategy primarily targeted at the GBPUSD pair. It automates trade execution by identifying price patterns and entering positions with predefined risk parameters. The bot manages exits through a hard stop loss, a target take profit based on a user-defined

MT4 Trading robot Mean reversion

Trading Expert Advisor

by hernandesmacedo
6 stars

This MetaTrader 5 expert advisor automates trading decisions by combining moving average crossovers with volume and momentum filters. It enters buy positions when a fast moving average crosses above a slow one, provided volume is increasing and the Relative Strength Index indicates the market is not overbought. For ris

MT5 Trading robot Indicator crossoverTrend following
Updated 4 years ago None stated GitHub repository of Trading Expert Advisor

Orchard MA Cross Delay

by OrchardForexTutorials
6 stars

This expert advisor for MetaTrader 4 and 5 serves as a tutorial for implementing cooling-off periods between trade executions. It triggers entries based on a standard moving average crossover using configurable fast and slow periods. Users can restrict trade frequency by setting a minimum number of bars or minutes that

MT4MT5 Trading robot Indicator crossover

The Strat MT4 EA

by schatekar
6 stars

The Strat MT4 EA is an experimental automated trading system designed for MetaTrader 4 based on The Strat price action framework. It utilizes candle classifications, specifically types 1, 2, and 3, to identify potential market reversals and continuations. The robot features flexible money management, allowing users to

MT4 Trading robot SMC / ICT / price action
Updated 5 years ago None stated GitHub repository of The Strat MT4 EA

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

Auto Trade EA

by leonharvey
6 stars

This automated expert advisor for MetaTrader 4 executes trades based on moving average crossovers and trend-following logic. It incorporates the Chandelier Exit method, utilizing the Average True Range and price extremes to determine market direction. Risk management is handled through user-defined stop loss and take p

MT4 Trading robot Indicator crossoverTrend following
Updated 6 years ago AGPL-3.0 GitHub repository of Auto Trade EA

Sample Bad Robot

by erlonfs
6 stars

This MetaTrader 5 expert advisor functions as a foundational template for automated trading, primarily implementing a moving average crossover strategy. The software includes comprehensive trade management features such as fixed stop loss and take profit targets defined in ticks, a trailing stop mechanism, and break-ev

MT5 Trading robot Indicator crossover
6 stars

The Line of Division is a MetaTrader 5 expert advisor that identifies trading opportunities based on price frequency and level touches. The strategy monitors how many times a specific price is traded across various candles, entering buy or sell positions once a touch threshold is reached and the price deviates from tha

MT5 Trading robot Breakout

Price Action Expert

by nasimalsajjad
6 stars

Price Action Expert is a MetaTrader 4 robot that automates trade execution by combining Fibonacci levels with candlestick pattern analysis. The EA identifies the prevailing market trend through Fibonacci ratios and seeks entry signals using pin bars, engulfing patterns, and morning star formations. It features automate

MT4 Trading robot Trend followingSMC / ICT / price action
Updated 8 years ago None stated GitHub repository of Price Action Expert

IPatrick Ichimoku

by thachp
6 stars

This MetaTrader 5 expert advisor automates trading based on the Japanese Ichimoku Kinko Kyo system. It identifies market trends and generates buy or sell orders using the Tenkan-sen, Kijun-sen, and Senkou Span components. The robot includes built-in risk controls such as fixed stop loss and take profit levels, and it a

MT5 Trading robot Trend followingIndicator crossover
Updated 11 years ago None stated GitHub repository of IPatrick Ichimoku
5 stars

AR Tenkansen Breakout EA is a MetaTrader 5 expert advisor that trades breakouts of the Ichimoku Kinko Hyo indicator's Tenkan-sen line. It uses an internal multiplier to adjust standard Ichimoku periods for different market conditions. The robot manages entries and exits based on price interaction with the Tenkan-sen an

MT5 Trading robot Breakout
Updated 1 year ago None stated GitHub repository of AR Tenkansen Breakout EA

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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