Mad Pound Profits is a MetaTrader 4 expert advisor that automates trading based on structural breakouts and price action. The system utilizes time-specific analysis windows throughout the day to identify entry opportunities. It incorporates technical elements such as Fibonacci levels, momentum indicators, and mean reve
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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.
Type
Trading robotTrade managerRisk & protectionNews tradingCopier & bridgeFramework & template 1Collection 7Utility 1
Strategy
Market
This MetaTrader 5 expert advisor focuses on XAUUSD using a multi-timeframe scalping approach based on Smart Money Concepts. It identifies institutional market structures by analyzing H4 trends, H1 supply and demand zones, and M5 entries. The logic incorporates order block detection, Fair Value Gaps (FVG), and liquidity
This MetaTrader 5 expert advisor automates trading strategies based on Inner Circle Trader (ICT) and Smart Money Concepts (SMC). It utilizes a confluence engine to evaluate market structure, PDA zones, fair value gaps, order blocks, and SMT divergence against correlated symbols like the DXY. Designed specifically for p
This MetaTrader 5 expert advisor utilizes a combination of Bollinger Bands, Relative Strength Index, and Average Directional Index to identify entries. It supports multi-timeframe analysis for trend confirmation and provides optional filters for Average True Range and price action patterns such as hammers. Risk managem
This automated trading robot for MetaTrader 5 implements Smart Money Concepts (SMC) and ICT principles using a hybrid architecture. Trading logic and signal detection are processed within a native C++ DLL, while the MQL5 bridge handles trade execution and data feeding. The system identifies market structure shifts, inc
This MetaTrader 5 expert advisor is designed specifically for trading gold (XAUUSD). The system utilizes a modular architecture to detect market regimes, identify ranges, and execute trades based on liquidity sweeps and breakouts. It incorporates several filters, including spread and volume checks, alongside a drawdown
Fibonacci ICT EA for MetaTrader 5 combines institutional price action concepts with Fibonacci retracement levels. It identifies higher timeframe trends and enters on pullbacks to specific golden zones using confirmations like Break of Structure and Fair Value Gaps. The system includes robust risk management such as per
This expert advisor for MetaTrader 5 utilizes a multi-timeframe technical approach, scanning H1, M30, M15, and M5 periods simultaneously. It generates signals using a stochastic stack combined with RSI and stochastic divergence detection. The system incorporates a formula pack for market structure analysis, including B
This MetaTrader 5 expert advisor focuses on institutional-style trading across forex, indices, and other assets. It utilizes market structure analysis, including liquidity sweeps and market structure shifts, to identify entries on a M15 timeframe guided by H1 trends. The robot categorizes market states into range, tren
This MetaTrader 5 expert advisor implements Smart Money Concepts (SMC) by identifying liquidity sweeps and premium or discount zones. It detects buy-side and sell-side liquidity levels, looking for price sweeps followed by retest entries. The robot manages trades using a fixed risk-to-reward ratio, trailing stops, and
This MetaTrader 5 expert advisor executes a multi-stage trading strategy focusing on H1 trendline breakouts and RSI divergences. It refines entries on the M5 timeframe using Change of Character and micro Break of Structure signals. The EA includes automated risk management with percentage-based lot sizing and ATR-based
This MetaTrader 4 expert advisor implements a multi-strategy approach for trading various currency pairs and gold. It combines technical indicators including Moving Averages, RSI, Bollinger Bands, and ADX with price action concepts such as support, resistance, and engulfing patterns. The EA features risk management too
This Expert Advisor for MetaTrader 5 automates a strategy based on Fibonacci retracements following a Break of Structure or Change of Character. It identifies market structure shifts and places two separate pending orders: a trend-following stop order and a reversal limit order targeting liquidity runs. The EA calculat
Robo Harmonico is a MetaTrader 5 expert advisor designed to detect and trade harmonic price patterns, specifically focusing on the Gartley formation. It utilizes a custom ZigZag indicator to identify significant swing highs and lows, which are then processed by a dedicated detection library to find geometric structures
GoldEngine Sentinel is a specialized expert advisor for MetaTrader 5, designed specifically for trading spot gold. It utilizes an advanced architecture combining dual-AI ONNX models: SuperGRU for macro bias and Master AI for micro order flow analysis. Trade execution is filtered through Gaussian Kernel Channels and Nad
This MetaTrader 5 expert advisor utilizes Smart Money Concepts and pure price action to execute trades without traditional technical indicators. By analyzing raw candle data, it identifies market structures, order blocks, and various fair value gaps. The system includes multiple versions, ranging from simple price acti
This MetaTrader 5 expert advisor implements the Daily Sweep strategy, focusing on Swing Failure Patterns. It monitors high-timeframe liquidity levels and executes trades on lower timeframes when price sweeps these zones. The robot manages entries during defined session hours, such as the New York session, and exits bas
ITIP is an advanced multi-component expert advisor for MetaTrader 5 that connects the terminal to external AI and simulation modules. It utilizes a modular architecture to track smart money structure, including order blocks and fair value gaps, alongside RSI divergence signals across multiple timeframes. The platform h
This MetaTrader 4 expert advisor is designed for XAUUSD scalping on the M1 timeframe. It switches logic based on market regimes: in trending markets, it follows the higher timeframe direction using EMA reversals and breakout entries, while in ranging markets, it executes trades based on liquidity sweeps at price extrem
TitanAI 4H Range Scalper is a MetaTrader 5 expert advisor that executes a range rejection strategy based on the 00:00 New York H4 candle. The EA identifies a fixed daily range and monitors for false breakouts or liquidity sweeps, entering a trade when price closes back within the range boundaries. It features robust ri
Smart Trader Forex is an automated expert advisor for MetaTrader 5 that employs dual strategies for trend following and mean-reversion scalping. It monitors over 15 currency pairs simultaneously using a multi-symbol scanner and a signal quality filter. Risk management includes ATR-based stop losses, trailing stops, and
This MetaTrader 5 expert advisor automates the Breakout-To-Market-Maker (BTMM) strategy, featuring eight distinct intraday setups including M/W patterns, NYC reversals, and EMA200 bounces. It employs a signal arbitration engine to score and prioritize trades based on confluence, liquidity, and regime alignment. Risk ma
Advanced KT Trader is a price action robot for MetaTrader 5 that specializes in trading the Kangaroo Tail candlestick pattern. It employs a sophisticated scoring system to filter entries based on tail-to-body ratios and candle positioning. The strategy integrates support and resistance zone confluence alongside 200 EMA
LQS AI Institutional Engine is a MetaTrader 5 robot designed for trading gold using market microstructure analysis. It combines four analytical modules focusing on liquidity sweeps, order flow divergence, Wyckoff accumulation and distribution phases, and multiple anchored VWAP levels. The system features an integrated
RapidPass EA (RPEA) is an MT5 trading robot designed specifically for passing prop firm challenges. It utilizes a hybrid ensemble architecture combining Burst-Weighted Imbalance with Session Confluence (BWISC) and mean-reversion strategies. The EA incorporates machine learning through Q-learning and contextual bandits
Gold Dual Engine Scalper is an MT5 expert advisor designed for XAUUSD trading. It utilizes a regime-based state machine to navigate market conditions, employing two distinct engines: one for volatility burst continuations and another for liquidity sweep reversals. The EA monitors for price compression and market exhaus
This MetaTrader 5 expert advisor implements a reversal strategy based on institutional trading concepts and liquidity sweeps. It identifies fake breakouts at swing high and low levels, waiting for price rejection patterns like pin bars or engulfing candles to enter trades. The robot manages risk through equity-based po
This MetaTrader 5 robot executes trades based on price behavior and technical indicators. It utilizes the Relative Strength Index to identify overbought and oversold conditions while incorporating breakout and candle pattern logic. The expert advisor includes flexible risk management, offering fixed lot sizes or percen
This MetaTrader 5 expert advisor focuses on trading gold and other instruments using a trend-following breakout and retest methodology. It filters market conditions using three moving averages and ATR-based consolidation detection. Entries are triggered by RSI pullbacks and liquidity grab patterns during specific intra
Advanced Scalping Multi EA is a multi-strategy scalping robot for MetaTrader 5 that integrates multi-timeframe momentum, smart money concepts, and pattern recognition. It calculates a signal confidence score based on RSI, EMA crossovers, MACD, and institutional flow tracking. The expert advisor offers four distinct mod
Liquidity Trap EA is an automated trading robot for MetaTrader 5 that identifies price action setups near swing points. It detects specific candle formations using wick-to-body and body-to-average-bar ratios to enter trades based on perceived liquidity traps. The system incorporates trend filters through moving average
Supply Demand Pro EA is an automated trading robot for MetaTrader 5 that focuses on price action and institutional market structures. It identifies supply and demand zones, Quasimodo reversal patterns, and ATR-based price compression. The system filters entries using fakeout detection to avoid false breakouts. It featu
This MetaTrader 4 expert advisor implements a price action strategy focused on identifying pin bar formations. It screens for candles where the tail is at least three times the length of the body and touches an 8-period simple moving average. The EA utilizes a trend filter by calculating the slope of the moving average
The BU ATR Breakeven Engulfing is a MetaTrader 4 robot that executes trades based on candlestick price action and volatility indicators. It identifies entry points using bullish and bearish engulfing patterns, which are then filtered through the Relative Strength Index to confirm momentum. The system incorporates dynam
This MetaTrader 4 expert advisor focuses on identifying and trading trend reversals using price action patterns, specifically pin bars. It operates as an automated robot that monitors market conditions to execute entries based on reversal signals. The EA features an extensive graphical user interface that displays real
This MetaTrader 4 expert advisor automates trading based on liquidity and market structure concepts. It identifies price action landmarks like higher highs, higher lows, lower lows, and lower highs to determine current trend or ranging states. The robot executes trades with distinct stop loss and take profit settings f
This MetaTrader 4 expert advisor automates a trend reversal strategy based on price action patterns and technical indicator filters. It identifies potential entry points using ZigZag, MBFX, and SMA indicators, specifically targeting reversals or pinbars at key support and resistance levels. The software includes a mult
Hunt Level EA is a MetaTrader 5 expert advisor that identifies trading opportunities based on price action candle formations and swing level analysis. The robot specifically searches for hunted swing points by evaluating candle shadow lengths relative to body size and checking historical price swings. It incorporates a
This MetaTrader 4 expert advisor automates a trend reversal strategy based on price action patterns and technical indicators like ZigZag, MBFX, and Moving Averages. It features a dashboard to monitor multiple pairs, identifying setups such as pin bars and trendline breaks near support and resistance levels. Trade manag
Auto Zone Trader is a MetaTrader 4 expert advisor that automates trade execution based on manually identified price zones and technical candlestick patterns. Users specify potential reversal areas by placing horizontal lines labeled for buy or sell zones on the chart. The robot monitors these levels and triggers an ord
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 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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