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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.

170 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

EA MQL4 Collection

by Yumerain
151 stars

This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz

MT4 Collection Indicator crossoverTrend followingMartingale High risk
Updated 6 years ago None stated GitHub repository of EA MQL4 Collection
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

Introducao MQL5 Collection

by RafaelFenerick
75 stars

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

MT5 Collection Indicator crossoverMean reversionMulti-strategy High risk
Updated 4 years ago None stated GitHub repository of Introducao MQL5 Collection
67 stars

This repository contains a collection of MetaTrader 5 expert advisors, primarily focused on the ChildsPlay strategy derived from online trading forums. The main expert advisor uses multiple exponential moving averages and the Commodity Channel Index across two timeframes to identify trend-following entries. It implemen

MT5 Collection Indicator crossoverMean reversionAI / machine learning
Updated 6 years ago None stated GitHub repository of ChildsPlay MQL5 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
52 stars

This MetaTrader 5 expert advisor serves as an educational example from a book on MQL5 programming. It implements a versatile trading system that can be configured to use moving average crossovers, Relative Strength Index levels, or both indicators combined for trade entries. The EA manages risk with user-defined stop l

MT5 Trading robot Indicator crossoverMean reversion
Updated 6 years ago None stated GitHub repository of Introduction MQL5 Book EA
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

Allegro Stormer

by ReneMilare
28 stars

Allegro Stormer is a MetaTrader 5 expert advisor that implements a specific technical setup based on momentum and oscillator indicators. It utilizes a Momentum indicator filtered by a moving average alongside a Stochastic Oscillator to identify entry points. Risk management is centralized around the Average True Range,

MT5 Trading robot Mean reversionIndicator crossover
Updated 6 years ago None stated GitHub repository of Allegro Stormer

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
24 stars

This repository contains a diverse collection of MetaTrader 5 Expert Advisors and tools developed for instructional purposes. The included robots cover various trading methodologies, such as moving average crossovers, RSI divergences, gap reversals, and candlestick patterns like the Red-White-Red strategy. The EAs typi

MT5 Collection Indicator crossoverMean reversionMulti-strategy
Updated 4 years ago None stated GitHub repository of Victor Algo MQL5 Collection

MT5 Agent Toolkit

by smizxe
18 stars

MT5 Agent Toolkit is a developer framework and collection of expert advisors designed to automate the creation and testing of MQL5 strategies using AI agents. It provides headless PowerShell scripts to bypass common MetaTrader 5 command-line failures during compilation and backtesting. The included example robots, such

MT5 Framework & template Mean reversionIndicator crossover
Updated 3 weeks ago Custom licence GitHub repository of MT5 Agent Toolkit

Quantum Tius

by Don-Gio
18 stars

Quantum Tius is a collection of automated trading scripts and Expert Advisors for MetaTrader 5, specifically targeting the Bitcoin and Gold markets. The repository provides multiple tools including the Kaku and Baki bots, which utilize Moving Average crossovers and the Relative Strength Index for scalping. These tools

MT5 Collection ScalpingIndicator crossoverMean reversion
Updated 1 year ago MIT GitHub repository of Quantum Tius
16 stars

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

MT5 Collection Indicator crossoverMartingaleMean reversion High risk

This repository contains a collection of MetaTrader 5 expert advisors based on popular technical indicators. The primary EA uses the Relative Strength Index to identify overbought and oversold conditions for trade entry. It manages risk through fixed stop loss and take profit settings, alongside a maximum position limi

MT5 Collection Mean reversionIndicator crossoverScalping

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

Monkey Attack Gold Pivot EA

by Monkeyattack
10 stars

This MetaTrader 4 expert advisor focuses on Gold trading using institutional pivot point levels and fractal-based support and resistance zones. The robot filters entries through a combination of RSI, MACD, and moving average alignment, supplemented by a trade quality scoring system. It includes comprehensive risk contr

MT4 Trading robot Mean reversionIndicator crossoverMartingale High risk
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

Trading Signals

by CDrosos
10 stars

A notification utility for MetaTrader 4 that monitors multiple technical indicators to generate trade alerts. It tracks moving average crossovers, specifically the 50 and 200 periods, along with Relative Strength Index levels, Bollinger Band breakouts, and MACD confirmations. Users can configure the tool to send notifi

MT4 Utility Indicator crossoverMean reversion
Updated 4 years ago None stated GitHub repository of Trading Signals

Mforex Smart Scalper

by francomascareloai
9 stars

This MetaTrader 4 expert advisor is designed for gold scalping using a combination of Relative Strength Index and Exponential Moving Average indicators. It identifies entry points when momentum reaches specific overbought or oversold thresholds while considering moving average trends. The system manages risk through fi

MT4 Trading robot ScalpingIndicator crossoverMean reversion
Updated 1 year ago None stated GitHub repository of Mforex Smart Scalper

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

MT5 Collection Indicator crossoverMean reversionMartingale High risk

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
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

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

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
6 stars

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

MT4 Collection BreakoutArbitrageMean reversion
5 stars

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

MT5 Collection BreakoutMean reversionScalping
5 stars

This repository contains a collection of MetaTrader 5 scripts and Expert Advisors focusing on various technical indicators. The primary EA provided uses Relative Strength Index (RSI) levels to determine long and short entry conditions, including specific start and end thresholds for signal filtering. Other files in the

MT5 Collection Indicator crossoverMean reversionMulti-strategy
5 stars

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

MT4 Collection Indicator crossoverMean reversionBreakout
Updated 10 years ago None stated GitHub repository of MQL4 Learning Collection
4 stars

Gold SnR Momentum Scalper Pro is an automated scalping robot for MetaTrader 5, specifically optimized for XAUUSD on the M1 timeframe. It identifies entry points by combining support and resistance zones with RSI and moving average momentum. The system incorporates tick-level analysis to measure buying and selling press

MT5 Trading robot ScalpingBreakoutMean reversion
Updated 3 months ago Custom licence GitHub repository of Gold SnR Momentum Scalper Pro

MT5 Auto Backtest Pipeline

by 26730023-PhamPhuNguyenHung
4 stars

This repository features a headless CLI automation pipeline for MetaTrader 5, enabling users to compile, backtest, and rank MQL5 Expert Advisors through PowerShell. It contains a large collection of robots focused on candlestick patterns, such as Morning and Evening Star signals, combined with Stochastic or CCI filters

MT5 Collection SMC / ICT / price actionIndicator crossoverMean reversion
4 stars

This repository is a collection of MetaTrader 4 expert advisors and indicators focused on aggressive trading strategies. The primary expert advisor uses a grid-based approach with martingale lot scaling to manage positions. It features multiple entry logics, including Bollinger Bands, Exponential Moving Averages, and m

MT4 Collection MartingaleGridIndicator crossover High risk
4 stars

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

MT5 Collection Trend followingBreakoutMean reversion High risk
4 stars

This MetaTrader 5 expert advisor collection provides several automated trading strategies based on classic technical indicators. The primary component combines CCI, RSI, Stochastic, MACD, and Moving Average crossovers to identify entry signals. It features a configurable grid system that layers multiple orders at fixed

MT5 Collection GridIndicator crossoverMean reversion High risk
Updated 1 year ago None stated GitHub repository of Simple EA MT5 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

MT4 Autotrade EMA RSI

by thomasngu0423
4 stars

This MetaTrader 4 expert advisor automates trading using a combination of trend-following and mean-reversion indicators. It executes trades based on the crossover of two Exponential Moving Averages, filtered by Relative Strength Index levels and Bollinger Band boundaries. The robot enters a position when an EMA crossov

MT4 Trading robot Indicator crossoverMean reversion
Updated 3 years ago None stated GitHub repository of MT4 Autotrade EMA RSI

MQL5 Trading Bots Collection

by Thembekilemkh
4 stars

This repository provides a collection of MetaTrader 5 expert advisors centered on mean reversion and statistical regression techniques. The bots utilize indicators such as Bollinger Bands and moving averages to determine trade entries. Each trade is executed with predefined risk controls, including fixed point-based st

MT5 Collection Mean reversionIndicator crossover

Hercules MQL5 Library

by herculeshssj
4 stars

This repository contains a collection of MetaTrader 5 expert advisors and utility scripts. It includes a variety of automated strategies such as mean reversion, Dunnigan NRTR, and experiments with artificial intelligence. The library also features utility tools for Telegram integration, search functions, and signal das

MT5 Collection Mean reversionAI / machine learningIndicator crossover High risk Archived
4 stars

This MetaTrader 4 collection provides several scripts designed to analyze price action and candlestick patterns. It includes modules for moving average crossovers, Bollinger Bands, and a specialized candlestick analysis tool. The software identifies specific formations such as hammers, dojis, and engulfing candles by c

MT4 Collection SMC / ICT / price actionIndicator crossoverMean reversion
Updated 5 years ago None stated GitHub repository of Candlestick Charts System

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

IchiDCA CCBSN PropFirm EA

by magicniuniu
3 stars

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

MT5 Trading robot Trend followingGridMean reversion High risk
3 stars

This repository is a collection of educational Expert Advisors for MetaTrader 5, structured as a learning roadmap. It contains several standalone trading scripts, including a multi-symbol basket trader called Profit Twins, which enters buy positions on two different pairs and exits based on a combined profit percentage

MT5 Collection Mean reversionIndicator crossoverMulti-strategy
Updated 9 months ago None stated GitHub repository of MQL5 Learning Collection

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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