In May Version 6 was released.
About our Expert Advisors (Forex Trading Robots) for Metatrader
The expert advisors presented here implement the best trading strategies. They are free and open-source, so you can test and change them as you like before applying them on your real or demo Forex account.
The results of my own testing are also shown for your convenience. The top expert advisors were selected to yield considerable profit with low maximum drawdown during backtests. If you want to use an MT5 EA , you would need to open an account with a broker that supports MT5 version of the platform.
If you experience any problem whole installing a MetaTrader expert advisor in your platform, please refer to this tutorial: If you want to achieve higher backtesting quality for your expert advisors, please read this tutorial on importing and converting quality historical data in MetaTrader: If you want to share your own expert advisor or if you want to comment on any EA presented here, please visit our forum on MetaTrader expert advisors.
Please disable AdBlock or whitelist EarnForex. Reverse Heiken Ashi strategy. Measures persistence of price movements; trades against it. Based on ATR trailing stop. Based on 3rd Generation Moving Average indicator. Customizable expert advisor that trades fractals using bidirectional pending orders.
A simple and universal pure mathematical scalper that trades tick data aggressively. It can trade any instrument. A simple but powerful expert advisor that trades the Heiken Ashi Smoothed Indicator, with customizable trading settings. Flexible expert advisor that trades according to the Ichimoku Kinko Kyo Indicator and offers multiple entry conditions. This expert advisor trades moving average crossovers with fully customizable trading settings and hours.
Customizable expert advisor that trades using the MACD indicator: Customizable expert advisor that scalps daily breakouts using Toby Crabel opening range breakout strategy. This expert advisor trades the parabolic sar indicator with fully customizable trading settings and hours. Powerful expert advisor that trades pivot points levels, offering customizable trading sessions and position management. Fully customizable expert advisor which pyramids your trades, amplifying the profits of your good trading decisions.
This expert advisor trades in a completely random fashion with customizable stop-loss and take-profit levels. Powerful EA that trades according to the stochastic indicator, offering customizable trading sessions and position management. This expert advisor trades the super trend indicator with fully customizable trading settings and hours. This customizable and flexible expert advisor trades according to Bill Williams definition of the Trading Zone. This EA can enter and exit trades at specific times.
It offers trade management settings, a martingale function and money management features. A visual trade panel that provides a simple interface to place trades with proper risk management and other actions. A simple reversal trend-following expert advisor that helps you to navigate the markets just like hedge funds do.
Penta-O A 6-point harmonacci retracement pattern which precedes big market movements. Super Trend Custom implementation of the famous super trend indicator, with scanner, dashboard and alerts. Three Drives The three drives pattern signals that the market is exhausted and a reversal is likely to take place. Absolute Gains This indicator calculates how much has a symbol won or lost in percentage terms during a period of time.
Bollinger Trend Custom implementation of the bollinger bands indicator as a trend following mechanism, with alerts of all kinds. Chart Overlay This indicator overlays the price action of several currency pairs on the same chart, and supports inverted pairs as well.
Correlation This indicator measures of how different securities move in relation to another, making portfolio management easier. Fibonacci This indicator displays fibonacci retracements or extensions automatically, calculated from two different price points. Flat Market Index This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. Fractal Channel This indicator signals fractal breakouts and plots the fractal channel on the chart.
Heat Finder Fantastic automatic scanner which finds those instruments offering the most volatility and efficient price movement. Inside Bars This indicator detects inside bars of several ranges and signals the breakout when the market direction is known. Keltner Channel A multi-timeframe indicator designed to find overbought and oversold price areas, using a moving average and ATR. Lopez Channel This indicator identifies the market tendency to trade within a price band, finding oversold and overbought points.
Lopez Efficiency This indicator analyzes how efficient is the current market movement based on the true high-low ratio of a certain period. Lopez Flow A simple yet very useful indicator which highlights the short-term directionality and strength of the market. Lopez Impulse This indicator evaluates volatility and price directionality to find strong and decisive bullish or bearish movements. Lopez Pressure This indicator anticipates price reversals analyzing bullish and bearish pressure volume in the market.
Lopez Speed Vectorial indicator which detects if the market is accelerating or decelerating, and in which direction. Market Depth Amazing indicator that displays information about the latest price quotes received from the broker, in a visual fashion. Market Profile This indicator shows the price density over time, outlining the most important price levels of each daily trading session.
Market Sentiment This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation.
Multidiagonals This indicator connects past price points creating diagonals, which can converge in the future to create reversal points. Oscillator Unique, smooth and responsive accelerometer which reveals the market trend and strength. Pivot Points Looking for a top-quality pivot points indicator?
Quadrant Thesis General purpose indicator that displays colored lines at fixed price intervals. Relative Charts This indicator plots a mean-reversion chart using a moving average as reference, isolating us from fluctuating currency values. Reversal Fractals This indicator points possible price reversals using fractals and breakouts.
Risk Management Monitoring the vital constants of your trading account has never been easier! Sandwich Bars This indicator detects sandwich bars of several ranges, a very reliable breakout pattern based on price action. Stretch A Toby Crabel price pattern used to calculate two breakout levels for the current trading day, using the day simple moving average. Synthetic Chart This indicator creates a candlestick chart plotting the price of one instrument measured against another.
The Zone This indicator displays simple buy or sell signals according to Bill Williams definition of trading in the zone. Tick Chart This indicator implements a chart-based tick chart with optional moving averages, just like professionals like it. Timeframe Overlay Stop switching timeframes! Trendlines Tired of plotting trendlines? Volatmeter A multi-timeframe indicator designed to identify flat markets, price spikes and cycles in market movement.
Daily Breakout EA Customizable expert advisor that trades daily breakouts using bidirectional pending orders. Equity Guardian This expert advisor constantly monitors the equity of your trading account and prevents costly drawdowns. Flexible Breakout EA Fantastic expert advisor that trades customizable breakouts using market orders or pending orders, as desired.
Fractal Trader EA Customizable expert advisor that trades fractals using bidirectional pending orders. Goldfinch EA A simple and universal pure mathematical scalper that trades tick data aggressively. MA Crossover EA This expert advisor trades moving average crossovers with fully customizable trading settings and hours. Open Range EA Customizable expert advisor that scalps daily breakouts using Toby Crabel opening range breakout strategy.