Free Expert Advisors for MetaTrader
There are many free Expert Advisors (EAs) available for MetaTrader, which is a popular trading platform for Forex and other financial instruments. Please note that while these EAs are free to use, it's important to conduct your own research and due diligence before using them on a live trading account. Here are a few sources where you can find free EAs for MetaTrader:
MetaTrader Market: The official MetaTrader platform has a built-in market where you can find both free and paid EAs. You can access the market directly from your MetaTrader platform and browse through a wide range of EAs. Make sure to review the user ratings, comments, and performance statistics before selecting an EA.
Forex forums and communities: Online forums and communities dedicated to Forex trading often have sections where traders share their EAs for free. Websites like Forex Factory (www.forexfactory.com) and MQL5 (www.mql5.com) have sections where you can find free EAs shared by community members. However, exercise caution and thoroughly test any EA obtained from these sources.
GitHub: GitHub is a platform where developers share their code, including EAs for MetaTrader. By searching for "MetaTrader EA" or similar keywords on GitHub, you may find open-source EAs that are free to use. Keep in mind that these EAs may require some technical knowledge to download, install, and customize.
When using free EAs, it's essential to review their strategy, performance, and code. Perform thorough backtesting and consider using a demo account to evaluate their performance in real-time market conditions. Additionally, be cautious of EAs from unknown or unverified sources, as they may carry higher risks.