List of MT4 Expert Advisors (EA) For Download

User-contributed Forex Expert Advisors in .mq4 format. Feel free to test/ improvise/ optimise.

 <MT4 Indicators and forex trading strategies> 

 

100 pips a day

by Metaquotes Software Corp.

The 100 Pips a Day uses two Simple Moving Average applied to open price in 5 minutes time frame. If the price closes under a 7 period SMA a Buy order is placed and a Sell order is placed if the price closes over a 6 period SMA.

10Pips-A-Day

by Expert Advisor Builder

Simple strategy based on moving averages crosses and RSI

1D-4H-1H-Current

by Expert Advisor Builder

The 1D-4H-1H-Current Expert Advisor uses 32 Exponential Moving Average applied to closing prices. The combination of all mentioned MAs is used to define the possible entry points. The EMAS are 8 and 64 periods used indistinctly.

1H-4H-1D

by Expert Advisor Builder

The 1H-4H-1D Expert Advisor uses 84 Exponential Moving Average applied to closing prices. The combination of all mentioned MAs is used to define the possible entry points. The EMAs are 8 and 64 periods used indistinctly.

21hour

Developed by Maksim Zerkalov

The EA place two pending orders at the specified time and delete one of them when the other triggers. Exit is performed by the take profit or by time expiration, depending on what happens first.

3 21 55 MA

Developed by Tageiger Aka

The 3 21 55 MA expert advisor uses three simple moving average applied to closing price in H1 timeframe. Short (3), medium (21) and large (55) are the levels.

55 MA med FIN

Developed by Konstantin

This EA uses a Simple Moving Average SMA of 55 periods applied to closing price. It trades from 8:00 till 20:00 Metatrader (Broker) time.

Adjustable MA

by EarnForex

This expert advisor is an improvement of the traditional 2 Moving Averages cross strategy. You can choose different MA types, set different periods, establish the minimum difference for the cross, etc.

ADX Simple

Developed by Rafael Maia de Amorim

This EA uses the ADX indicator applied to price low in a default 25 periods. The EA uses all the indicator capabilities and options to generate signal, which means that will check for AD , AD- crosses, and the position of the main ADX line.

Arthur Matteson's Trading Machine

Developed by Arthur Matteson

This Expert Advisor trades based on Exponential Moving Average slope and high/low filters.

AutoFX HaNoo

by AutoFX Corp Developed by NOO

AutoFX HaNoo opens long trades when HA is in White, Awesome Oscillator is above zero and previous close is higher than 200 day EMA. The reverse is true for short trades

Automatic Stop Loss and proportional Trailing Stop

Developed by Marcool

This EA take care of your opened orders by applying a proportional trailing stop.

AutoNewsTrader

Developed by American Financial Institute

This Expert Advisor trades straddles (long and short stop orders) that are placed before a news event at a specific time of the day.

Bago EA

Developed by Hua Ai

Bago system can be categorized as a trend following system based on the cross of EMA 5 and EMA 12. Signals are filtered using RSI and Vegas tunnel indicators.

BarTrader

Developed by FAB4X

Simple Expert Advisor that opens a trade at the start of a bar and closes it when the bar has ended. It has a trading hours filter as well as a trailing stop function.

Binario

by Gordago Software Corp

This simple expert advisor opens and closes trades based on the exponential moving averages of the highs and lows. The Binario EA creates a channel or tunnel between two 144 periods EMAS, one configured to a high price and the other to a low price.

Blessing 2

by MQLCoder

Blessing 2 trades using a grid trading approach. It uses ATR to determine grid size as well as a moving average to calculate trend direction.

BLSH_Hybrid (AsiaPacFinance.com Review: Does not seem to be working)

by Automatic Forex LLC

This EA trades using a breakout/trend logic, so it opens positions bidirectionally when a trend is not detected and following trend when is detected. It also has a complete set of money management and equity pop tracking rules.

BollTrade

Developed by Ron Thompson

This EA is designed for trading EURUSD in 15 minutes timeframe. It places Buy and Sell Market Orders depending on how far outside the Bollinger Bands the current price falls. This is a counter-trade system, that is, it sells when the Upper Band, and conversely it buys when the Lower Band, is exceeded by BDistance pips.

Bouncing Pip

Developed by Zmax

Bouncing Pip EA triggers trades when the arrow meet Non Lag Zigzag and after an 14,3,3 Stochastic cross. By default Take Profit is 30 pips, though it's possible to wait for the opposite signal and use trailing stops too.

BrunoFX Expert (AsiaPacFinance.com Review: Does not seem to be working)

Developed by BrunoFX

This EA trades based on a 2 moving average cross filtered using ADX, Stochastic, MACD and Parabolic SAR.

cacus_MACCImo_v1c

Developed by Cacus MACCImo

Cacus MaCCImo EA trades using CCI and three Moving Averages.

CCI and MACD algorithm

Developed by Hmmlotfy

This EA uses a MACD (13,33,2) and a 8 periods CCI both indicators applied to the closing price. The MACD has configured a buy level in 0.00023.

CCI Fade Line Cross

by Boston Technologies Inc.

The CCI Line cross takes advantage of the indicator's extensive range by comparing a fast line against a slow line.

CCI Line Cross

by Boston Technologies Inc.

The CCI Line cross takes advantage of the indicator's extensive range by comparing a fast line against a slow line.

CH_2006 (AsiaPacFinance.com Review: Does not seem to be working)

Developed by rsi

CH_2006 EA is based on several high, low and median moving averages. This EA participated in the Automated Trading Championship 2006.

Close Trades After Account Loss Too Much

Developed by Tradinator

A very simple Expert Advisor that will monitor your account and close all open orders if the floating loss reaches or goes beyond an specified amount of money.

Close Trades After Account Profit Reached

Developed by Tradinator

Developed by Tradinator, this EA will monitor your account and close all open orders if the floating profit reaches or goes beyond an specified amount of money.

CloseOnTime

Developed by KimIV

A very tiny Expert Advisor that will close any open order exactly at the indicated time. It's possible to close all the ordes, or some of them (based on symbols).

Coramac (AsiaPacFinance.com Review: Does not seem to be working)

by Gordago Software Corp

Expert Advisor that trades using several DeMarker indicators.

Count Pending

Developed by Desmond Wright aka Buju

This EA will count all the pending orders of the current chart. Do not place orders.

Currency Loader

Developed by Larionov P.V.

Currency Loader is not actually a trading strategy but a handy tool to write historical data in CSV files. Files are updated in real time and it's possible to choose what timeframes we want to write.

Cyberia Trader

Developed by Alexandr A Krivoshey

Cyberia Trader is a very advanced Expert Advisor that calculates success probabilities for every trade based on different technical indicators such as MACD, MA, Fractals, CCI and ADX.

Daily Scalping

Developed by Skyline 2007

Daily Scalping trades based on the last 3 candles trend.

DayDream

Developed by Cothool

Simple Expert Advisor that trades on highs and lows breakouts.

DayTrading

by NazFunds

DayTrading Expert Advisor works on 5 minute charts using MACD, Stochastic and PSar to trade and no stop losses.

DemarkLinesEA  (AsiaPacFinance.com Review)

by Forex-Experts

This expert advisor is based on the DeMark Lines indicator. Automatically draws trend lines each time that there is a signal, it takes 4 orders with different settings.

DIN KusKus

by Forex-TSD Developed by Robert Hill

Advanced Expert Advisor that uses several indicators such as Heiken Ashi, BBands Stop, StepMA_Stoch, etc. It also includes 6 different types of trailing stops.

Doji Trader

Developed by Alex

Doji Trader is an Expert Advisor that detects Doji patterns and trades breakouts of Doji highs and lows.

Donchian Breakout

by Boston Technologies Inc.

The proprietor of the famous Turtle Traders developed this basic strategy. When the price forms a new highest high, it goes long. When it forms a new lower low, it goes short.

Donchian Fade Breakout

by Boston Technologies Inc.

The proprietor of the famous Turtle Traders developed this basic strategy. When the price forms a new highest high, it goes long. When it forms a new lower low, it goes short.

Double MA Crossover

Developed by Robert Hill

This is probably one of the best MA crossover EAs as it has many features such as different trailing stop algorithms, signal filters and take profit levels.

DT-RSI-EXP1

Developed by klot

This Expert Advisor trades using RSI reversal patterns.

EA_MA_Email

Developed by Erekit

simple EA that will send e-mail alert whenever there is a moving average crossover.

earlyBird3

Developed by hansH

The EA waits of a breakout with the RSI indicator as a filter, has trailing capabilities for stop loss and take profit as well, trading hours control, all with comments and alerts.

earlyTopProrate_V1

Developed by hansH

This EA uses the open, high and low prices in a daily time frame. Also have three fixed profit and stop loss points plus money management.

Easiest ever

Developed by LordoftheMoney

This EA opens position (when the daily candle opens) into the direction of previous day candle, and closes position every day at the earliest market closing hour of the week (Friday). It works without stoploss, takeprofit, and trailing stop.

e-F5 Diapazon

Developed by Maloma

Expert Advisor based on Fractal pattern based on 5 bars and Parabolic SAR indicator.

e-Friday

Developed by KimIV

The Expert Advisor has been designed to trade only Friday breakouts.

e-NightTrade

Developed by KimIV

The e-NightTrade EA allows to choose any day of the week and trade overnight breakouts.

Envelope (AsiaPacFinance.com Review: Does not seem to be working)

Developed by Tageiger Aka

This Expert Advisor trades using envelope breakouts. It has two trailing stop methods and three take profit levels.

e-PassLevCCI-EMA

Developed by KimIV

This Expert Advisor produces trading signals using two CCIs that are filtered using an Exponential Moving Average.

EWOCCI

Developed by Robert Hill

Expert Advisor based on CCI and two moving averages crossover. It includes two trailing stop methods.

Expert Cross Framework

Developed by Ron Thompson

This EA uses three CCIs crosses to open and close trades. It also performs checks for available free margin to stop trading if it is bankrupt.

Farhad

Developed by Farhad Farshad

Farhad EA has been optimized to work on GBP/JPY, GBP/USD and EUR/USD in 1 minute timeframe.

Firebird

Developed by TraderSeven

One of the classics!!! This EA calculates a 10 periods SMA and then shifts it up and down creating a 2% tunnel.

FitFul

Developed by Alexandr Artapov & Yulia Sidorina

FitFul EA trades using Pivot Point levels.

Five Simple Strategies

Developed by Robert Hill

This advanced Expert Advisor uses five different entry methods: RSI(2) under 5, 2. RSI(2) X day Sum, 7 day HighLow, RSI(2) 3 day Sum and Reversal.

Fluid Blue

Developed by Matt Pavlovich

Fluid Blue is a reverse Martingale system that trades with the trend, doubling down as the position goes against you. It works on EURUSD H4 chart and uses a trailing stop based on Bill Williams' Accelerator/Decelerator oscillator.

Fluid Turquoise

Developed by Derk Wheler

Modified version of Fluid Blue Expert Advisor that uses the difference of two moving averages instead of the Accelerator/Decelerator oscillator.

Flyer

Developed by Marci Dunn (GirlFlyer)

Forex Cash Cow

by GwadaTradeBoy Software Corp.

This Expert Advisor trades using the Forex Cash Cow strategy explained in Avi Frister's Forex Trading Machine book.

Rated 3 out of 5 stars

Fozzy Method

Developed by Taylor Stockwell & Daniel Frieling

Fozzy Method produces trading signals based on RSI and its moving average, using Bollinger Bands to filter entries.

Fuzzy Logic

Developed by B@ss

This expert produces signals using the following indicators: Alligator, Williams' %R, DeMarket y Accelerator.


FX10EA

Developed by hdb

FX10EA produces its trading signals using a combination of Moving Average, MACD, Stochastic and RSI.

Rated 2 out of 5 stars

Gap_Trader

by doshur

The Gap Trading Expert Advisor takes the Friday closing and Monday opening price actions to generate signals. Since it can only take this values, this expert offer very less trade.

GBP9AM

Developed by Michal Rutka

This Expert Advisor trades 9 AM London Time GBP/USD breakouts.

gpfTCPivotLimit

Developed by George-on-Don

gpfTCPivotLimit is an Expert Advisor based on Pivot Points and intraday time levels.

GridMACD

Developed by pengie

GridMACD EA trades using grid methods as well as MACD to bias its trades.

Hans123

Developed by Hans123

Hans123 Expert Advisor works using a breakout strategy that combines two timezones and two currency pairs (originally EUR/USD and GBP/USD).

Hedge EA

by ForexForums.org

This Expert Advisor allows to hedge two currency pairs positions using Bollinger Bands to enter the market.

 

HedgeHog

Developed by Milan Volf

Expert Advisor based on the HedgeHog strategy.

HedgeLot

Developed by Hartono Setiono

Simple Expert Advisor based on a hedging lot strategy.

HedgeRocks

by TradeViewForex

The HedgeRocks strategy analyze correlations to hedge trading positions using EUR/USD, GBP/USD, USD/CHF and USD/JPY pairs.

Heiken EA

by Metaquotes Software Corp.

This Expert Advisor allows to trade using Heiken Ashi candles and manage positions using a trailing stop.

Hercules

Developed by David J. Lin

Hercules EA trades based on a 72-period moving average crossover strategy using several filters.

Hi Buy Lo Sell

by Metaquotes Software Corp.

This simple EA will take the previous bar hi and low, set a stop buy on the high price, set a stop sell at the low price, and close all open trades and cancel all pending trades at the end of the day.

Ichimoku Kinko Hyo Email Alerts

by Streetpips.com

This indicator is programmed based on the best practices of Ichimoku trading, and can also generate email alerts. This is the most comprehensive Ichimoku MT4 software which recognizes when Tenkan Sen crosses Kijun Sen, Price breaks out of Kumo Cloud, Chikou Span crosses Price 26 periods ago, Price crosses Kijun Sen, and Senkou Span A crosses Senkou Span B (Kumo Twist). 

Ilan PipStepRSI

Developed by Ilan

PipStepRSI is based on RSI for entries and requires a small capital to start as it trades microlots. Money management includes some martingale rules.

JPYretz

Developed by Deretz

Expert advisor for USDJPY pair that produces trading signals based on Parabolic SAR.

Keltner Breakout 1 FxFisherman

Developed by Scorpion

This EA trades on Keltner Channels breakouts. It includes several trailing stop types.

Khaos Expert

Developed by sgalaise

The Khaos Expert generates trading signals using 2 Least Squares Moving Averages, which is implemented inside the own EA code.

Kurka Trader GREED

Developed by KurkaFund

Developed by KurkaFund, the KurkaTraderGREED Expert Advisor produces trading signals based on Moving Average of Oscillator and ADX. It's possible to set different timeframes for every indicator and includes a trailing stop function.

Lentiaika

Developed by Maloma

Lentiaika trading signals are generated using two different DeMarker indicators in any timeframe

Level Scalper

Developed by djindyfx

Scalpers will be delighted using this Expert Advisor. It opens several buy and sell stop orders around current price; once any stop is filled, positions are closed as Take Profit orders are hit.

LSMA Daily

Developed by Robert Hill

LSMA Daily trades using a two Least Squares Moving Average crossover. It includes money management routines to set the optimal number of lots.

Lucky

Developed by Serg_ASV & ak97052d

Lucky EA trades EUR/GBP, EUR/CHF, GBP/CHF and USD/CAD looking for deviations in the Bid-Ask spread. This Expert Advisor is designed to trade on ECNs, not being suitable for Market Makers.

MA Angle EA

Developed by Robert Hill

MA Angle is very complete Expert Advisor that allows to trade using the angle of different moving averages types. It also includes four trailing stop algorithms.

MA Reverse

Developed by Infinite Eith

This EA plays in the opposite direction of the specified difference between the Bid price and a 14 periods Simple Moving Average applied to closing price as reference signal. (Bid-SMA).

MACD 5Min

Developed by Igor Morozov

Simple Expert Advisor based on MACD crosses that allows to set stop loss as well as take profit levels.

MACD Pattern

by ForTrader

MACD Pattern expert advisor works with six different MACD patterns.

Macd sample 1010

Developed by xoiper

This EA uses the Bollinger Band applied to price open. It has very good log capabilities and all the information the EA produces will be written in a file "_bolltrade_v01.txt", located on the expert/file folder of you Metatrader.

Magic RSI

Developed by KMRunner & Spider4896

Magic RSI produces trading signals based on RSI and two Linear Weighted Moving Averages crossovers. It allows to choose any timeframe for both the oscillator and the averages.

MakeGrid LSMA

Developed by hdb

Expert Advisor based on the Grid Trading approach that uses Least Squares Moving Average to filter trades.

MakeGrid with 100 and 200 EMAs

Developed by hdb

This is an Expert Advisor based on Grid Trading approach that uses 100 and 200 periods EMAs as well as MACD to filter trades.

Martingale Grid

by Boston Technologies Inc.

The Martingale grid places limit orders above and below the current market price whenever no open trades exist. When you feel the markets are range-bound but the direction remains uncertain, you can stack orders of increasing size to recoup any losses that you may encounter.

Morning Breakout

Developed by Akhmad

Simple EA that trades GBPUSD high and low breakouts. Leveles are calculated using data from a predefined time period.

Mouteki EA

Developed by Hua Ai

Mouteki EA trades based on DeMark's TD Lines.

Mrs. PacMan

Developed by xxDavidxSxx

Mrs. PacMan is a modification of the original PacMan EA. Trading signals are generated using three moving averages. The robot also includes a volume filter, and CCI blocking overbought and oversold ranges.

MultiHedgeEA

by ForexForums.org

This Expert Advisor is intented to collect swaps while hedging open positions in the Majors.

NatusekoProtrader

by ForTrader

EA based on RSI, a 13, 21 and 55 Moving Average, a standard MACD, Bollinger Bands and Parabolic SAR.

Developed by Hartono Setiono

Simple EA based on 3 Bar Hi Lo breakouts in 1 hour and 4 hours charts.

Noah10Pips

Developed by Nick Bilak

Noah1Pips Expert Advisor calculates 10 pips market ranges and trades on breakouts.

NoLossEA

Developed by Hartono Setiono

In this Expert Advisor, trades are generated based on the relation between GBP/USD, USD/JPY and GBP/JPY. It only works on 1 hour charts and higher time frames.

NY Breakout

Developed by TraderSeven

This simple Expert Advisor trades EUR/USD on 1 hour charts based on NY session high and low breakouts.

Open Tiks

Developed by ZerkMax

A simple Expert Advisor that trades only using price action. It includes an advanced trailing stop function.

OpenByTime

Developed by KimIV

Useful Expert Advisor that will allow to open any order you need at the specified time.

Opening Range Trader

Developed by Bundyraider

Simple but powerful Expert Advisor that allows to calculate an opening range and look for breakouts.

OverHedgeTrend

Developed by Robert Hill

OverHedgeTrend is based in a hedging strategy that uses a LSMA in order to allow trades only in the direction of the confirmation timeframe.

Paulo Costa Hedge

Developed by Paulo Costa

Simple Expert Advisor that uses a Hedging strategy.

Pip Nailer

Developed by Flying Fish

Pip Nailer is an Expert Advisor based on Awesome Oscillator, Acceleration/Deceleration and Parabolic SAR

PipsGenerator

Developed by Totom Sukopratomo

PipsGenerator is an Expert Advisor that trades based on 2 RSI crosses.

Pipstalker

Developed by tdion

This EA trades a double bounce off the EMA(14), setting a fixed stop loss.

Pivot Line Strategy

Developed by MoStAsHaR15

Pivot Line Strategy trades using Pivot Points as support and resistance levels, looking for breakouts. Trading signals are filtered using Exponential Moving Averages and ADX.

Pivot Point EA

Developed by Thomas Gonzalez Miranda

Simple Expert Advisor that places a buy order at the Pivot Point S2 level and a sell order at the Pivot Point R2. The code also allows to close positions using a bracket order or use the next pivot to lock profits.

Pivots_test

Developed by ZerkMax

The EA places buylimit and sellstop orders at the daily pivot point value and set the stop loss and take profit in the second support and resistance of the pivot.

PlatinumBestD1_05B

by Aptrafx

This EA uses the ZigZag indicator to do the trading, it is necessary to have the indicator installed. The ZigZag indicator comes standard with Metatrader so probably it is not necessary to install it, will be already there.

Plum Crazy

Developed by David E. Fulton

Plum Crazy is an Expert Advisor full of features that generates trading signals using a combination of Stochastic, Envelopes, Moving Averages, RSI and Relative Vigor Index.

Previous day's Expert

Developed by Udy Ivan Madumere

Based on the previous day's open and close price. The EA will also place with the order the respective stop loss, take profit, and will control the time to enter the market, lot size and maximal number of position opened at the same time.

Progressive Grid Positioning System

Developed by Laurent Béville

The EA first calculates the risk based upon the amount you defined in %, then according to this risk and the amount of levels defined by the user, calculates the position size of the different trades to be placed.

pSAR alert

by Forexyangu

An expert advisor designed to alert you when every first parabolic SAR dot in a sequence appears. You must note that this expert advisor will not open or close orders automatically.

Reversal EA

by Metex Investments Inc.

Simple Expert Advisor that trades using a pattern based on open and close levels.

RHc Bombshell

Developed by Lifestatic/Zap

Expert Advisor based on grid trading that uses moving averages to filter trades.

Robin Hood

Developed by Robert Hill

Advanced Expert Advisor that produces trading signals based on two Stochastic oscillators. It also includes 6 different trailing stop algorithms as well as trading hours filters and money management rules.

RPM5 (AsiaPacFinance.com Review: Loss Making)

Developed by MetaTrader Experts and Indicators Yahoo! Group

Expert Advisor that trades using Bull and Bear Power indicators.

RSI Cross

by Metaquotes Software Corp.

Simple Expert Advisor that open trades when RSI crosses above or below a predefined level.

RSI DipBuyer MA

Developed by Paul Hampton-Smith

RSI EA

Developed by Robert Hill

Designed by Robert Hill, this Expert Advisor produces buy and sell signals using RSI levels.

RSI Expert (AsiaPacFinance.com Review)

Developed by Don Perry

RSI Expert trades using a Multi Timeframe RSI (5, 15 and 30 minutes), combining also 2 EMAs.

RSI Fade Line Cross

by Boston Technologies Inc.

The RSI line cross works by overlaying 2 separate RSI periods. The RSI is a ranging indicator. Signals should perform well in range bound markets, while signals would be expected to generate losing trades during trends.

RSI Line Cross

by Boston Technologies Inc.

The RSI line cross works by overlaying 2 separate RSI periods. The RSI is a ranging indicator. Signals should perform well in range bound markets, while signals would be expected to generate losing trades during trends.

RSI-R2

Developed by Bluto

The RSI-R2 Expert Advisor makes trading decisions based on daily RSI and includes several money management rules to calculate optimal trading size befores opening trades.

Rubberbands

by SummerSoft Labs

This EA is based on the fact that any price movement may be followed by a rebound. It opens orders in both directions at a time initially, then closes one of them at the specified profit and opens one order in reverse direction.

Samuray

Developed by Kokas

Advanced Expert Advisor that uses Exponential Moving Averages, RSI and Bollinger Bands to produce trading signals.

SAR ADX Expert Advisor (AsiaPacFinance.com Review)

by TradingSytemForex

SAR ADX Expert Advisor implements the classical strategy developed by Welles Wilder using Parabolic SAR and ADX together.

Sauron_1_3

Developed by Giampiero Raschetti

This EA uses Moving Average 1 period in four hours time frame period, linear weighted MA type and price applied to Typical Price. Also it takes two MACD in one day time frame, linear weighted.

Scalpel EA

Developed by Rob 'Ryaz'

The Scalpel EA has been designed to works better in EUR/GBP chart at 1 minute timeframe.

Schaff EA

Developed by Robert Hill

Advanced Expert Advisor created by Robert Hill that implements Schaff trading rules. The EA also includes several rules to manage position size and different trailing stop methods.

SDS_UMM

Developed by Zen_Leow

Expert Advisor based on Parabolic SAR and a 200 periods Simple Moving Average, that filters the pairs to trade using Average Daily Range.

SendCloseOrder

Developed by Vladimir Hlystov

The EA draws 4 lines: 2 buy lines or 2 sell lines and two close lines. You need to move the lines (by dragging them) to the prices level you want. The orders are placed or are closed at the moment the price hits the lines.

Shadow Trader

by Metaquotes Software Corp.

Shadow Trader allows to trade using Bill Williams' Fractals indicator.

Sidus

Developed by GwadaTradeBoy

This is one of the classics! Sidus EA buys when WMA5 crosses above WMA8 and both averages are above the tunnel (EMA18 and EMA28); conversely, the EA sells when WMA5 crosses WMA8 downwards and both averages are below the tunnel too.

SimplePivot

Developed by Derk Wheler

This is a simple EA that trades depending on the relative position of price with regard to the daily pivot point.

Simplest Hedging EA

Developed by Monu Ogbe

The EA opens two opposite positions at the beginning of the first new candle. Waits until both positions have closed by hitting their stop loss or take profit levels, and then opens the next pair of positions. Note that the EA uses Hedging.

SimpleSystem

Developed by Robert Hill

Simple strategy that buys (sells) when CCI crosses above (below) 50 and price breaks above (below) 20 SMA looking for a quick profit.

Smart S

Developed by LeGrupo

Developed by LeGrupo, Smart S produces buy and sell orders based on linear weighted moving averages crosses, using MACD and Parabolic SAR as filters.

SMC Manual

Developed by Steve Cartwright & Tageiger Aka

This EA will put 12 trendlines on the chart where it is attached to: 3 trendlines for a Simulated Buy Stop entries, 3 for Sell Stop entries, 3 for Buy Limit entries and 3 for Sell Limit entries. Use the Stop trendlines for pattern breakouts, as the EA will buy (sell) on a close above (below) these trendlines. Use the Limit trendlines for channels as the EA will buy (sell) when the price touches these lines.

SMC Trader Camel

Developed by Steve Cartwright

Designed by Steve Cartwright, SMC Trader Camel combines CCI and MACD to produce trading signals.

Snapshot

by MQL Service Developed by Michal Rutka

Snapshot EA is not a trading strategy but a tool that creates a screenshot at the beginning of every new bar. GIF files are placed in the experts/files/ subdirectory of your MetaTrader installation.

Starter

by StrategyBuilderFX

Advanced Expert Advisor based on Laguerre Filter.

Stoch Power Hedger

Developed by Forrest Miller

Advanced Expert Advisor that trades using Stochastic oscillator and Envelopes. It includes several parameters for money management and hedging options.

Straddle & Trail

Developed by Yannis

Expert Advisor designed for news trading, with a lot of features including manual management orders.

Straddle JB News

Developed by João Barbosa

Simple Expert Advisor that will create a straddle at the indicated time. The author recommends to use it in GBPUSD

SuperForex V2

Developed by Rafael Maia de Amorim

This expert advisor works with RSI on Daily chart. Developed by Rafael Maia de Amorim, this robot has StopLoss, TakeProffit and trailing stop. It works better with USD/JPY and daily chart only.

Rated 3 out of 5 stars

Sweet Spot Extreme

by Safari Traders

This EA uses a EMA median price 15 periods that always take the data from the M15 timeframe and a CCI 12 periods close price that always take the data from a M30 timeframe

T101

Developed by Thomas Liles

Developed by Thomas Liles, T101 Expert Advisor trades a currencies basket.

Take-profit

Developed by Christopher

If the last four candles are in an uptrend, the EA enters the market long otherwise enters short.

Tema ADX EA

Developed by Rodrigo Brayner

Tema ADX Expert Advisor open trades based on TEMA and Average Directional Movement Index (ADX) indicators. It includes the whole function for TEMA so it doesn't require any external indicator.

Ten Stochs Wave Filter (AsiaPacFinance.com Review: Pending)

by TradingSytemForex

Ten Stochs Wave Filter uses 10 Stochastic indicators to generate buy and sell signals. It includes money management rules as well as a function to add positions.

The Best

Developed by Yannis

This EA can manage at the same time manually entered trades at any time and/or a straddle (long and short pending stop orders) that is placed for a news event at a specific time of the day. The EA is optimized for EURJPY

Tolik (AsiaPacFinance.com Review: Does not seem to be working)

Developed by Crazy Alex

Tolik is a simple Expert Advisor that trades based on the Ichimoku cloud.

Trade From CSV File

Developed by Paul Hampton-Smith

This is a "crude" API for Metatrader 4. It allows external programs to control Metatrader to execute, modify and delete trades. This EA should be stored in Experts/Scripts folder before compiling. It checks the folder Experts/Files every n seconds for the file commandfile.txt, a text file which should include a single trade command.

Trailing EA

Developed by Robert Hill

This is not exactly a trading strategy but a compilation of 6 different trailing stop methods: Trail immediately, Wait to trail, Use 3 levels before trail, Breakeven + Lockin, Step trail, MA trail and pSAR trail.

Trend Rider (AsiaPacFinance.com Review: Does not seem to be working)

Developed by Dr. Gaines

Developed by Dr. Gaines, this Expert Advisor trades using 4 RSI indicators, each of them define buy, sell, close buy and close sell signals.

Trendline Trader

by Metaquotes Software Corp.

This EA will put 12 trendlines(TL) on the chart. 3 TL's for a Simulated Buystop entry, TP & SL, 3 for SellStop, 3 for Buylimit, & 3 for SellLimit. Use the STOP TLs for pattern breakouts,ie, the EA will buy(sell) on a close above(below) these TLs. Use the LIMIT TLs for Channels, ie, the EA will buy(sell) when price touches these TLs. Finally put BuyLimit at the bottom of the channel, triangle or wedge, and SellLimit at the top, to trade inside of the pattern.

Trend Strength EMA

by Aptrafx

TrendStrengthEMA EA produces buy and sell signals that are confirmed by a second EMA in a bigger time frame. It also has a trailing stop and some money management rules.

TripleMA Crossover EA

Developed by Robert Hill

Developed by Robert Hill aka MrPip, this Expert Advisor trades based on a three moving averages crossover, including the possibility of trading using Least Squares Moving Averages. The Advisor also includes money management rules.

True Scalper (AsiaPacFinance.com Review: Loss Making)

Developed by Ron Thompson

The True Scalper uses EMA crosses strategy. The EMAS are 3 and 7 periods, price close and a 2 period RSI price close is also used.

TS GBP-JPY 1T

Developed by Felipe Schmitt

This is a breakout strategy for GBPJPY which creates a trading range calculating the highest high and the lowest low for the period between 18.00 GMT and 2.00 GMT.

Universal MA Cross

Developed by Firedave

This is a very complete Expert Advisor that tries to make universal any Moving Average Crossover strategy.

up3x1_Premium_2vM (AsiaPacFinance.com Review: Loss Making)

by Forexnow Developed by Izhutov Pavel

The ideas underlying the code were collected on the basis of technical analysis and can be applicable to all situations of classical market movements

Vanman

Developed by Jan Vanman

Vanman EA places a Buy (Sell) Limit order 15 pips below (above) the current price when the EMA(16) crosses EMA(60) upwards (downwards).

Vlado

Developed by Nick Bilak

Simple Expert Advisor that generates buy and sell orders based on Williams %R.

Volume Trader

Developed by John Taylor

Interesting Expert Advisor that trades based on volume data.

Williama PriceTrapper (AsiaPacFinance.com Review: Loss Making)

Developed by Naufrage

This is an Expert Advisor based on the Williama grid trading strategy.

Wip

Developed by fxid10t

Wip EA trades an strategy based on several Stochastics in different timeframes.

Your Choice Hourly Breakout

Developed by David W Honeywell

This Expert Advisor trades a straddle on Majors, calculating the proper levels to set buy and sell stop orders using a proprietary formula.

Your Choice MA Cross

Developed by David W Honeywell

Expert Advisor based on a 2 EMAs crossover strategy. It includes some interesting features such as parameter to decide when a cross is valid.

Your Lucky EURGBP

Developed by rahman_DGBeta

Expert Advisor derived from MyLuckyPro EA, which has been improved adding filters and optimization in order to generate more profit with a relatively low drawdown.

 

 

This section only provides information about addons and acts like an open database of technical indicators, expert advisors and scripts. The Metatrader section, including addons, reviews and backtests, may also be subject to change without any previous notice. Addons, reviews and Backtests are for educational purposes only and are not meant to be interpreted as trading recommendations. All addons, backtests and reviews are developed by third part developers and AsiaPacFinance.com can not be held responsible for the eventual inaccuracies, losses and profits that might occur when using those tools. All Addons must be tested in a demo account before using in a real account.