This repository features a diverse collection of expert advisors and trading utilities for MetaTrader 4 and MetaTrader 5. It includes automated robots based on trendline analysis, session breakouts, and technical indicator crossovers using MACD, RSI, and Williams Percent Range. The library provides various tools for ri
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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.
Type
Trading robot 15Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollectionUtility
Strategy
Trend followingBreakoutScalpingGrid 5Martingale 5Hedging 1Mean reversion 5SMC / ICT / price actionIndicator crossoverArbitrageAI / machine learningNewsMulti-strategy 5
Market
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
This repository contains a large collection of over 100 expert advisors for the MetaTrader 5 platform, many of which appear to be generated using the Mission Automate tool. The library covers a wide variety of trading methodologies including range breakouts, Ichimoku cloud strategies, Heiken Ashi engulfing patterns, an
GitGpa is an extensive repository of MetaTrader 4 expert advisors, primarily featuring implementations of the OzFX strategy alongside various technical indicator-based bots. The collection includes tools for trend chasing, breakout trading, and moving average crossovers. These experts incorporate multiple risk manageme
This repository is a collection of MetaTrader 5 expert advisors developed as early coding projects between 2021 and 2024. It includes multiple robots implementing varied strategies such as range breakouts, Donchian channels, Fibonacci retracements, and Bollinger Bands. The expert advisors are largely technical indicato
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 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
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 repository is a collection of various MetaTrader 5 expert advisors generated through the Mission Automate tool. It contains over 100 separate files covering a wide array of technical strategies, including range breakouts, trend-following systems, and indicator crossovers using Ichimoku, CCI, and Heiken Ashi. Sever
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 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
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
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 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
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 repository provides a collection of MetaTrader 5 expert advisors focused on technical indicator strategies. The primary expert advisor implements a trend-following approach using the Average Directional Index to identify momentum and Exponential Moving Averages for entry signals. Risk management is handled through
This repository contains a collection of MetaTrader 4 Expert Advisors and helper classes for algorithmic trading. The featured robot, Desiree, implements a breakout strategy based on Donchian Channels for both entries and exits. It incorporates comprehensive risk controls including percentage-based lot sizing, volatili
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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