This MetaTrader 5 collection features two primary components: a manual risk management panel and an automated confluence robot. The TyAlgo advisor executes trades using the No Nonsense Forex method, aggregating signals from various technical indicators via global variables. Risk is managed through the TyphooN tool, whi
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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 23Trade managerRisk & protectionNews tradingCopier & bridgeFramework & template 2CollectionUtility 1
Strategy
Trend followingBreakout 3Scalping 3Grid 9Martingale 11HedgingMean reversion 4SMC / ICT / price actionIndicator crossover 11Arbitrage 2AI / machine learningNewsMulti-strategy 5
This MetaTrader 4 repository contains a collection of expert advisors, primarily featuring the Chaos Theory EA. This robot combines several trading methodologies including Bill Williams' Chaos Theory, Trading Made Simple, and THV3 to trade multiple currency pairs simultaneously. It utilizes technical filters such as Su
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
Liangxifeng MT4 Collection is a repository of MetaTrader 4 expert advisors focused on automated trading strategies. The primary EA employs a dual moving average crossover system to initiate trades and features a scaling mechanism that increases lot sizes as the market moves in favor of the position. It manages risk thr
This repository contains an extensive library of MetaTrader 5 expert advisors covering various algorithmic trading methodologies. The collection includes strategies based on Bollinger Bands, Relative Strength Index, moving average ribbons, and swing failure patterns. A core focus is the Ighodalo series for gold and CFD
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 provides a collection of trading scripts for MetaTrader 4, MetaTrader 5, and Pine Script, covering various technical strategies. It includes a Williams Alligator expert advisor that enters trades based on the alignment of three smoothed moving averages. The repository also contains code for grid and hed
This collection for MetaTrader 4 contains several expert advisors focused on grid trading and trend-following techniques. The main EA utilizes a multi-level grid system that can place up to 20 layers of buy or sell stop/limit orders at fixed pip intervals. It includes basket management features to close trades based on
This MetaTrader 4 collection contains various expert advisors, including a primary strategy based on EMA 50/200 crossovers and RSI filtering. The main EA manages entries through trend confirmation and provides risk controls such as stop loss, take profit, and trailing stops. It includes features for breakeven activatio
This repository provides a collection of MetaTrader 4 expert advisors and utility tools. It includes diverse trading strategies ranging from M1 scalping and Heiken Ashi trend following to swing-based approaches. The codebase features a robust trade management framework with classes for order execution, error handling,
This collection for MetaTrader 5 provides several automated Expert Advisors designed for various symbols including forex, gold, and indices. The repository features Mecha Godzilla, a grid trading system using ATR-based spacing and bidirectional orders, alongside specialized bots for Asian session breakouts and H4 trend
This repository contains a collection of MetaTrader 5 expert advisors designed for various financial instruments including the DAX index, gold, oil, and major currency pairs. The library includes specialized robots like German Sunrise for DAX mean reversion and others for specific events like Friday gold moves or Tuesd
This MetaTrader 4 repository contains a collection of expert advisors and utilities, primarily focused on the AM grid robot and various scalping scripts. The main EA employs a grid-based strategy that layers orders at specific distances and includes settings for trend and counter-trend protection. It features a mechani
This MetaTrader 5 repository is a collection of various Expert Advisors and trading utilities. The primary EA implements a strategy based on the Relative Strength Index (RSI), Bollinger Bands, and Parabolic SAR indicators. It executes trades using overbought and oversold levels in conjunction with volatility bands. Ris
This MetaTrader 5 repository provides a collection of expert advisors focused on automated grid and hedging systems, primarily for the gold market. The featured Phoenix EA utilizes dynamic grid spacing based on USD values and a tactical selling module to manage market imbalances. It includes a deep recovery mode that t
This repository provides a collection of automated trading systems for MetaTrader 4 and 5. The expert advisors utilize various technical indicators, including ADX, DMI, RSI, and Heiken Ashi, to determine market entry points. Some strategies are based on price action from previous candle directions. Trade management fea
This repository provides a collection of MetaTrader 4 expert advisors centered on trend-following and hedging mechanics. The primary Trend EA identifies market entries using moving average crossovers, stochastic oscillators, and MACD indicators. Risk is managed through percentage-based equity lot sizing and pair-specif
This repository provides a collection of MetaTrader 4 expert advisors and libraries designed to integrate with the 4xlots risk management web service. The collection includes various trading robots such as a trend-following system, a double SMA crossover strategy, and a Martingale-based EA. It focuses on dynamic risk c
Gold Warrior is a MetaTrader 5 expert advisor that utilizes a combination of Commodity Channel Index (CCI), ZigZag, and momentum impulse indicators for trade execution. The robot manages individual positions with fixed stop loss and take profit settings while employing a trailing stop for profit protection. It features
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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