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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.

Cards Table
27 EAs match Clear filters
Platform
MT4 14MT5 15
Type
Trading robot 15Trade managerRisk & protectionNews tradingCopier & bridgeFramework & templateCollection 12Utility
Strategy
Trend following 9Breakout 5Scalping 5GridMartingaleHedgingMean reversion 6SMC / ICT / price action 1Indicator crossover 10Arbitrage 1AI / machine learning 1News 2Multi-strategy 8
Market
Forex 18Gold 14Crypto 1Indices 1Oil & commoditiesAny symbol 4
Timeframe
M1-M5 10M15-H1H4 and above 8Any timeframe 30
Refine
Hide grid and martingale Open-source licence 5 Updated in 6 months 10 Updated in a year 14
Expert advisorPlatformTypeStrategyStarsUpdatedLicenceGitHub
MT5 Collection Indicator crossover, Mean reversion, Martingale 9 2 years ago None stated GitHub repository of Kiggundug MQ5 Expert Advisor Collection
Icarusfraggli · High risk
 MT4 Trading robot Grid, Martingale, Mean reversion 7 4 years ago GPL-3.0 GitHub repository of Icarus
Profit Hunterphpkadir · High risk
 MT4 Trading robot Grid, Martingale, Hedging 5 4 years ago None stated GitHub repository of Profit Hunter
Strom Martingale Collectionjunjun2712 · High risk
 MT4 Collection Martingale, Grid, Indicator crossover 4 1 year ago None stated GitHub repository of Strom Martingale Collection
Simple Forex Tools CollectionkhamzatMurj · High risk
 MT4 Collection Indicator crossover, Trend following, Grid 3 10 months ago Custom licence GitHub repository of Simple Forex Tools Collection
North East WayYogurt-Peng · High risk
 MT4 Trading robot Mean reversion, Grid, Martingale 3 1 year ago None stated GitHub repository of North East Way
Clunique Experts Collectionclunique · High risk
 MT4 Collection Arbitrage, Martingale, Indicator crossover 3 5 years ago None stated GitHub repository of Clunique Experts Collection
MQ4 Master Collectionhairibaba · High risk
 MT4 Collection Trend following, Scalping, Indicator crossover 3 7 years ago None stated GitHub repository of MQ4 Master Collection
Montero Trading Bots CollectionSitodine99 · High risk
 MT5 Collection Grid, Breakout, Trend following 2 3 days ago None stated GitHub repository of Montero Trading Bots Collection
Xauusd Auto Traderibadnarpatih-create · High risk
 MT5 Trading robot Trend following, Indicator crossover, Martingale 2 3 weeks ago GPL-3.0 GitHub repository of Xauusd Auto Trader
Mr X Grid Hedgeibrahimzameel9232-lgtm · High risk
 MT5 Trading robot Grid, Martingale, Hedging 2 10 months ago None stated GitHub repository of Mr X Grid Hedge
GBPUSD AI Grid EAAlexCrombieF · High risk
 MT4 Trading robot Grid, Martingale, Hedging 2 2 years ago None stated GitHub repository of GBPUSD AI Grid EA
Lianxi EA Collectionlog22n · High risk
 MT4 Collection Grid, Scalping, Trend following 2 2 years ago None stated GitHub repository of Lianxi EA Collection
STO Martincrq644 · High risk
 MT5 Trading robot Martingale, Grid, Trend following 2 3 years ago None stated GitHub repository of STO Martin
Price Less EAexalkas · High risk
 MT4 Trading robot Grid, Indicator crossover, Martingale 2 8 years ago None stated GitHub repository of Price Less EA
Daily Straddle Basket EAshibu1x · High risk
 MT5 Collection Grid, Martingale, News 1 4 days ago None stated GitHub repository of Daily Straddle Basket EA
XAUUSD Adaptive Mean Reversion EABlamzKunG · High risk
 MT5 Trading robot Mean reversion, Grid, Martingale 1 3 weeks ago MIT GitHub repository of XAUUSD Adaptive Mean Reversion EA
Prem Gold AdvisorPremkumar238 · High risk
 MT5 Trading robot Breakout, Trend following, Martingale 1 4 weeks ago None stated GitHub repository of Prem Gold Advisor
Bi-Directional Hedging GridYoshinarium · High risk
 MT5 Trading robot Grid, Martingale, Hedging 1 5 weeks ago None stated GitHub repository of Bi-Directional Hedging Grid
Straddle Gridwolfbomb · High risk
 MT5 Trading robot Grid, Breakout, News 1 7 weeks ago None stated GitHub repository of Straddle Grid
Zyb EA Collectionclispaul3 · High risk
 MT4 · MT5 Collection Breakout, Martingale, Grid 1 3 months ago None stated GitHub repository of Zyb EA Collection
Aurax SentinelBaskaran-Aurax-Sentinal · High risk
 MT5 Collection Grid, Hedging, Martingale 1 3 months ago None stated GitHub repository of Aurax Sentinel
Inside Bar Grid EAdanielworthy · High risk
 MT4 Trading robot Breakout, Grid, Martingale 1 6 months ago None stated GitHub repository of Inside Bar Grid EA
MT5 Collection Scalping, SMC / ICT / price action, Grid 1 8 months ago MIT GitHub repository of Milyoner AI Master Scalper Collection
Quantum AI Trader ProExMsg · High risk
 MT5 Trading robot AI / machine learning, Multi-strategy, Scalping 1 11 months ago MIT GitHub repository of Quantum AI Trader Pro
Grid Martingale TA SignalsSrisittikumChanintorn · High risk
 MT4 Trading robot Indicator crossover, Grid, Martingale 1 1 year ago None stated GitHub repository of Grid Martingale TA Signals
Ves Multi Symbol CollectionVVAgw · High risk
 MT4 · MT5 Collection Multi-strategy, Grid, Martingale 1 9 years ago None stated GitHub repository of Ves Multi Symbol 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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