Expert Advisors by category
Every free MT5 Expert Advisor in the EA Arena, grouped by strategy type, with backtest results on four markets and a risk review.
Trend Following 418
EAs that try to ride sustained price moves, usually with moving averages, channels or trend indicators, and exit when the trend fades.
Profitable: 184 / 385 · Rated dangerous: 8
Momentum 351
EAs that buy strength and sell weakness, typically using oscillators such as RSI, MACD, Stochastic or CCI.
Profitable: 113 / 281 · Rated dangerous: 14
Utility 189
Tools rather than trading systems: trade managers, trailing stops, risk calculators and similar helpers.
Profitable: 1 / 4 · Rated dangerous: 1
Breakout 123
EAs that enter when price leaves a range — a channel, a session high or low, or a volatility band.
Profitable: 39 / 76 · Rated dangerous: 2
Mean Reversion 106
EAs that bet on prices returning to an average after stretching too far, often with Bollinger Bands or overbought/oversold levels.
Profitable: 59 / 129 · Rated dangerous: 1
Candlestick Pattern 53
EAs that trade candlestick formations such as engulfing bars, pin bars or inside bars.
Profitable: 9 / 28 · Rated dangerous: 1
Martingale 51
EAs that increase the position size after a loss to win it back. They show high win rates until a losing streak wipes out the account.
Profitable: 39 / 67 · Rated dangerous: 42
Multi-Timeframe 44
EAs that combine signals from several timeframes, for example a daily trend filter with hourly entries.
Profitable: 29 / 51 · Rated dangerous: 1
Scalping 42
EAs that aim for many small gains with short holding times. Their results depend heavily on spread and execution, which a backtest only approximates.
Profitable: 19 / 36 · Rated dangerous: 0
Machine Learning 29
EAs that use neural networks or other learned models to generate signals.
Profitable: 8 / 18 · Rated dangerous: 0
Unclassified 23
EAs we could not assign to a clear category yet.
Profitable: 8 / 12 · Rated dangerous: 3
Hedging 23
EAs that hold opposite or offsetting positions at the same time to manage risk.
Profitable: 1 / 4 · Rated dangerous: 1
Session Trading 18
EAs that trade at specific times of the day, such as the London or New York open.
Profitable: 1 / 12 · Rated dangerous: 1
Grid 17
EAs that place orders at fixed price intervals and add to positions as price moves. In a strong trend the open positions can pile up quickly.
Profitable: 1 / 8 · Rated dangerous: 12
Pivot Point 11
EAs that trade around daily pivot levels and their support and resistance lines.
Profitable: 2 / 8 · Rated dangerous: 0
Statistical Arbitrage 11
EAs that trade statistical relationships between prices, such as spreads between correlated symbols.
Rated dangerous: 1
News Trading 6
EAs that trade around scheduled economic releases.
Rated dangerous: 0
Backtests: one year of H1 data on EUR/USD, GBP/USD, USD/JPY and gold with the same rules for every EA. Only reliable results are counted.