Nefarious EA V4.0 MT4

Introduction

Nefarious EA V4.0 is an advanced Expert Advisor designed for MetaTrader 4 (MT4), focused on automated forex trading. It uses algorithmic strategies to analyze the market, identify high-probability trade setups, and execute trades automatically, reducing emotional decision-making. The EA is suitable for both beginner and experienced traders looking to optimize their trading performance.

Key Features

• Fully automated trading on MT4
• Compatible with multiple currency pairs
• Built-in risk and money management
• Advanced trend and breakout detection
• Adjustable trading parameters for customization
• Free updates with new versions
• Designed for 24/7 trading without manual intervention

Recommended Settings

• Timeframe: M15 or H1
• Recommended Pairs: EUR/USD, GBP/USD, USD/JPY
• Lot Size: 0.01–0.1 (depending on account balance)
• Stop Loss & Take Profit: Default EA settings optimized for pairs
• Maximum Spread: 3 pips

Backtest Result

• Backtested on EUR/USD from 2018–2023
• Profit Factor: 1.9
• Max Drawdown: 12%
• Total Trades: 350+
• Win Rate: ~72%
  (Results may vary depending on broker, spread, and market conditions.)

Advantages

• Fully automated trading reduces stress
• Consistent performance over multiple currency pairs
• Adjustable risk settings for conservative or aggressive trading
• Backtested with historical data for reliability

Disadvantages

• Performance may vary with high spreads or volatile markets
• Requires stable internet and VPS for uninterrupted operation
• No guarantee of profit; risk of loss exists
• Limited to MT4 platform

Installation & Setup Guide

1. Download Nefarious EA V4.0 file.
2. Open MT4 → click File → Open Data Folder → MQL4 → Experts.
3. Copy EA file into the Experts folder.
4. Restart MT4 to load the EA.
5. Open a chart for the recommended currency pair.
6. Drag the EA onto the chart.
7. Adjust settings according to your risk preferences.
8. Enable AutoTrading in MT4 toolbar.
9. Monitor initial trades to ensure correct operation.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer: 

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.