MetaTrader Expert Advisors

Here you can download MT4 and MT5 expert advisors (or EAs) which can be used with the MetaTrader Forex trading platform to enhance your currency trading results combining it with the automated trading or expert advising. Only best strategies embedded into expert advisors are presented here. You can test and change them freely before using on your real or demo Forex account. My own testing results are also included for your information. All expert advisors were selected to bring at least 10% yearly profit with maximum drawdown not higher than half of the yearly profit. You’ll need an account with any of the MetaTrader Forex brokers to use these EAs.

If you are having any problems with installing the MetaTrader expert advisors into your MetaTrader platform, pelase refer to this tutorial:

MetaTrader Expert Advisors User’s Tutorial

If you want to achieve a better backtesting quality for your expert advisor, please read this tutorial on importing and converting quality historical data to the MetaTrader platform:

MetaTrader History Data Importing and Converting Tutorial for Quality Backtesting

Title: AUD/JPY Wednesday 15:00 My rating: 8/10
Currency Pairs: AUD/JPY Timeframes: H1
CPU Load: Almost zero Test Lots: 1.0
Best Result With: AUD/JPY @ H1
Test Period: 07/07/2008–11/09/2009
Test Profit: ~ 79% Test Max DrawDown: ~ 10%
Compatibility: MT4 and MT5
Speacial Notes: Based on Wednesday AUD/JPY strategy

Title: Framework My rating: 7/10
Currency Pairs: All Timeframes: All
CPU Load: Average Test Lots: 0.1
Best Result With: GBP/JPY @ D1
Test Period: 11/19/2006–11/19/2007
Test Profit: ~ 200% Test Max DrawDown: ~ 20%
Compatibility: Only MT4
Speacial Notes: Based on CCI indicators

Title: Adjustable MA My rating: 7/10
Currency Pairs: All Timeframes: All
CPU Load: Low Test Lots: 0.1
Best Result With: EUR/USD @ M5 (backtest)
Test Period: 04/01/2008–04/01/2009
Test Profit: ~ 19% Test Max DrawDown: ~ 10%
Compatibility: MT4 and MT5
Speacial Notes: Customizable moving average cross EA

Title: Phoenix My rating: 7/10
Currency Pairs: GBP/USD USD/JPY EUR/JPY GBP/JPY USD/CHF Timeframes: All
CPU Load: Low Test Lots: 1.0
Best Result With: GBP/USD @ M15
Test Period: 11/19/2006–11/19/2007
Test Profit: ~ 64% Test Max DrawDown: <>
Compatibility: Only MT4
Speacial Notes: Breakout

Title: Otkat My rating: 7/10
Currency Pairs: All Timeframes: Only H1
CPU Load: Minimal Test Lots: 1.0
Best Result With: EUR/USD @ H1
Test Period: 11/19/2006–11/19/2007
Test Profit: ~ 79% Test Max DrawDown: ~ 14%
Compatibility: MT4 and MT5
Speacial Notes: Pull-back strategy with low take-profit

Title: MACD Sample My rating: 7/10
Currency Pairs: All Timeframes: All
CPU Load: Low Test Lots: 0.3
Best Result With: GBP/USD @ H4
Test Period: 11/19/2006–11/19/2007
Test Profit: ~ 44.5% Test Max DrawDown: ~ 10.3%
Compatibility: Only MT4
Speacial Notes: Sample MACD EA optimized for GBP/USD @ H4

Title: Artificial Intelligence My rating: 6/10
Currency Pairs: All Timeframes: All
CPU Load: Average Test Lots: 0.1
Best Result With: GBP/USD @ H1
Test Period: 11/19/2006–11/19/2007
Test Profit: ~ 17% Test Max DrawDown: <>
Compatibility: Only MT4
Speacial Notes: Simple neural network

Title: myFXOverEasy My rating: 5/10
Currency Pairs: All Timeframes: All
CPU Load: High Test Lots: 0.1
Best Result With: USD/CHF @ H4
Test Period: 11/19/2006–11/19/2007
Test Profit: ~ 18% Test Max DrawDown: ~ 5%
Compatibility: Only MT4
Speacial Notes: Multiple indicators system

Title: myPickyBreakout My rating: 5/10
Currency Pairs: All Timeframes: All
CPU Load: Minimal Test Lots: 0.1
Best Result With: EUR/USD @ D1
Test Period: 11/19/2004–04/15/2009
Test Profit: ~ 28% Test Max DrawDown: ~ 8%
Compatibility: Only MT4
Speacial Notes: Simple breakout strategy for Tuesday, Wednesday and Thursday

Title: MACD Pattern My rating: 4/10
Currency Pairs: EUR/USD Timeframes: H4
CPU Load: Medium Test Lots: 0.3
Best Result With: EUR/USD @ H4
Test Period: 08/19/2007–04/15/2009
Test Profit: ~ 80.8% Test Max DrawDown: ~ 27.6%
Compatibility: Only MT4
Speacial Notes: EA based on MACD patterns for EUR/USD @ H4

Title: Binario My rating: 3/10
Currency Pairs: All Timeframes: All
CPU Load: Average Test Lots: 1.0
Best Result With: GBP/USD @ D1
Test Period: 11/19/2006–11/19/2007
Test Profit: ~ 500% Test Max DrawDown: ~ 28%
Compatibility: Only MT4
Speacial Notes: Made only 4 trade in test. Better use as manual system.

Title: myRandom My rating: 5/10
Currency Pairs: All Timeframes: All
CPU Load: Low Test Lots: 0.1
Best Result With: GBP/JPY @ H1
Test Period: 11/19/2006–11/19/2007
Test Profit: ~ 16% Test Max DrawDown: ~ 0.3%
Compatibility: MT4 and MT5
Speacial Notes: Completely random expert advisor

Title: Amazing My rating: 5/10
Currency Pairs: All Timeframes: All
CPU Load: Low Test Lots:
Best Result With:
Test Period:
Test Profit: Test Max DrawDown:
Compatibility: MT4 and MT5
Speacial Notes: News trader. You give it a date and time of news and it sets breakouts. Good for Forex news traders.

If you want to share your own expert advisor for this page, or want to comment on any EA presented here, please, visit our forum on MetaTrader Expert Advisors.

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