This collection of MetaTrader 5 expert advisors implements various technical strategies using indicators such as Moving Averages, MACD, and the Andean Oscillator. It includes a specific tool for trading based on Commitment of Traders data combined with SuperTrend signals. Most robots in the repository incorporate a gri
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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 161Trade managerRisk & protectionNews trading 1Copier & bridgeFramework & template 1Collection 79Utility 2
Strategy
EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Ladino Bot is an open-source expert advisor for MetaTrader 5 that uses HiLo Activator indicators and moving average crossovers to identify trade entries. It features a triple-timeframe architecture, allowing users to align entries with higher-period trends. Risk controls include daily gain and loss caps, brokerage fee
Gold Trader EA is a multi-strategy expert advisor designed for trading XAUUSD on the MetaTrader 5 platform. It employs a fusion engine that combines up to 14 different technical analysis methods, including candlestick patterns, chart patterns, price action, and institutional levels. The system requires a user-defined n
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
This MetaTrader 5 expert advisor collection provides a modular approach to automated trading based on technical indicators. It features a trading robot that uses a moving average to identify entries, supported by risk management tools including hard stop losses and take profits. The system includes logic for break-even
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
This MetaTrader 5 expert advisor automates the 9.1 trading setup popularized by Larry Williams, utilizing an exponential moving average to detect trend shifts. It enters trades based on price action relative to the moving average slope. The system includes built-in trade management features like partial profit taking,
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
SuperMao is an automated trading robot for MetaTrader 4 that executes trades based on technical indicator configurations. The repository includes variations of the strategy, specifically utilizing Ichimoku Kinko Hyo for trend identification and a combination of Bollinger Bands with MACD crossovers for momentum-based en
This collection provides multiple MetaTrader 5 expert advisors and indicators intended as educational templates for MQL5 development. The primary example, ExpSidus, implements a moving average crossover strategy using Exponential and Linear Weighted Moving Averages. The included robots feature basic risk management thr
This automated trading system for MetaTrader 5 focuses on spot Gold using Inner Circle Trader methodology. It identifies entries through order block detection, market structure analysis, and weekly opening price levels. The strategy is further filtered by dual moving averages and specific trading sessions, primarily Lo
Fvg Gold EA is an automated trading robot for MetaTrader 5 designed specifically for the gold market. It utilizes institutional trading concepts by identifying high-probability Fair Value Gaps with Order Block confluence. The system employs a scoring algorithm to evaluate trade quality based on displacement, gap size,
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,
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
This MetaTrader 5 expert advisor combines technical indicators with machine learning forecasts to trade the Forex market. It uses a trend-following approach based on Exponential Moving Average crossovers, filtered by the Average Directional Index and volume confirmations. A unique feature is its integration with extern
This repository provides a collection of MetaTrader 5 expert advisors centered on indicator-based trend following and scalping strategies. The primary system employs a triple exponential moving average crossover on the M5 timeframe, filtered by higher-timeframe trend direction from the H1 chart. The collection also inc
This repository contains a collection of MetaTrader 4 expert advisors, primarily focusing on trend-following and crossover strategies. The main EA utilizes moving average crossovers to detect market trends and incorporates stochastic oscillators across multiple timeframes like M15 and H1. It manages risk through percen
This MetaTrader 4 expert advisor is an automated trading system designed for technical analysis using trend and momentum indicators. It incorporates multiple exponential and simple moving averages, RSI with integrated smoothing periods, and MACD. The EA manages risk through dynamic lot sizing based on account percentag
This MetaTrader 4 expert advisor executes automated trades on the forex market by combining signals from various technical indicators. The logic incorporates Average Directional Index analysis across multiple timeframes, alongside Ichimoku and Stochastic oscillators. Users can configure lot sizing, take profit, and sto
Elephant Walk is a MetaTrader 5 expert advisor based on the trading methodology of Oliver Velez. It automates entries using moving average crossovers and price action patterns often associated with large bars or elephant candles. The EA provides extensive trade management options, including trailing stops, break-even a
This repository provides a collection of MetaTrader 4 expert advisors, centered around the OverLord robot which utilizes logistic regression models. OverLord determines entries by calculating price directionality over various tick counts and analyzing moving average slopes against hardcoded coefficients. In addition to
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
This collection of expert advisors for MetaTrader 4 and 5 provides various automated strategies based on price action and technical indicators. The primary EA utilizes a moving average crossover system with switchable modes for different market conditions. It features a martingale lot-scaling system for sideways market
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
Conservative Scalper EA is a MetaTrader 4 robot designed for intraday scalping on major currency pairs such as EURUSD, GBPUSD, and USDJPY. It determines market bias on the M15 timeframe using dual Exponential Moving Averages and enters trades on the M5 chart based on RSI levels and candle breakouts. The system prioriti
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
This repository is a collection of various MetaTrader 4 expert advisors, featuring the WallStreet Forex Robot along with other tools like SteadyWinner and IndoRun. The primary EA utilizes technical indicators such as Moving Averages, CCI, and Williams' Percent Range to execute trades on the M15 timeframe. It includes c
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
This educational expert advisor for MetaTrader 5 serves as a study tool for algorithmic trading. It executes a simple moving average crossover strategy, comparing fast and slow exponential moving averages on a five-minute timeframe. The system includes entry filters like a maximum spread threshold and a new-bar executi
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
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
This MetaTrader 5 collection features several expert advisors and utility tools based on various technical analysis methods. The primary strategy uses Ichimoku Kinko Hyo components, specifically Tenkan-sen, Kijun-sen, and Senkou Span B, to identify trend-based entries. Additional bots in the repository utilize moving a
Belinda EA is an automated trading robot for MetaTrader 4 that implements a trend-following strategy based on moving average crossovers. It enters long or short positions when a short-term simple moving average crosses a long-term moving average, provided a volatility filter is met. This filter compares the current Ave
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
EA HiLo is an automated trading robot for MetaTrader 4 that utilizes the HiLo Activator indicator for signal generation. It executes buy orders when the price closes above the indicator and sell orders when it closes below. The system includes a directional filter based on a moving average to confirm market trends befo
AE Expert Curious is a collection of MetaTrader 4 expert advisors based on the Raghee Horner trend-following methodology. It utilizes specific Exponential Moving Average crossovers, including the 13, 21, 34, and 55-period lines, to determine market direction and momentum. The strategy incorporates several technical fil
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 MetaTrader 5 expert advisor implements a long-only trend-following strategy designed specifically for gold (XAUUSD) on the hourly timeframe. The system filters entries using a 200-period exponential moving average and an optional ADX momentum filter to avoid low-volatility periods. Trade signals originate from MAC
This MetaTrader 5 expert advisor is designed for gold trading using a combined martingale and grid approach. It uses a moving average crossover filter to determine initial entry direction. If the market moves against the position, the EA opens additional trades at fixed intervals, increasing the lot size via a multipli
This expert advisor for MetaTrader 5 uses the Moving Average Convergence Divergence (MACD) indicator to execute trades based on signal line crossovers. Operating on the fifteen-minute timeframe, the robot enters buy positions when the MACD main line is above the signal line and sell positions when it is below. It incor
This MetaTrader 4 expert advisor implements a trend-following strategy based on three exponential moving averages and the Stochastic oscillator. It identifies trade opportunities when two shorter-period EMAs sequentially cross a longer-period EMA. Positions are managed with fixed stop loss and take profit levels, with
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 MetaTrader 4 repository contains a collection of expert advisors, primarily featuring SwapTrader. This specific EA enters and exits positions at predefined times, specifically targeting the market rollover period to account for swap rates. It includes risk management settings such as fixed or percentage-based lot
The Belinda Sizing EA is a MetaTrader 4 expert advisor that executes a trend-following strategy based on Simple Moving Average crossovers. It uses a volatility filter comparing current Average True Range values against historical data to confirm market conditions before entry. Trades are managed with a hard stop loss a
This MetaTrader 4 expert advisor executes a trend-following strategy based on simple moving average crossovers. It enters trades when a short-term SMA crosses a long-term SMA, provided a volatility filter using the Average True Range is met. The system includes automated exit logic via opposite crossovers, a hard stop
This repository features a collection of expert advisors for MetaTrader 5, primarily focused on technical indicator logic and educational implementation. The main script, AO-bot, utilizes the Awesome Oscillator to identify swings and switch trade directions, while other tools incorporate Parabolic SAR for trend filteri
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
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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