Nefarious EA V4.0 MT4 Nefarious EA V4.0 MT4 - MetaTrader 4 Resources

introduce

Nefarious EA V4.0 is an advanced Expert Advisor designed specifically for MetaTrader 4 (MT4), focusing on automated foreign exchange trading. It uses algorithmic strategies to analyze the market, identify high-probability trade setups, and automatically execute trades, reducing emotional decision-making. EAs are suitable for both beginners and experienced traders who want to optimize their trading performance.

Main features

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

Recommended settings

• Time frame: M15 or H1
• Recommended currency pairs: EUR/USD, GBP/USD, USD/JPY
• Lot size: 0.01–0.1 (depends on account balance)
• Stop Loss and Take Profit: Default EA settings optimized for currency pairs
• Maximum spread: 3 pips

Backtest results

• EUR/USD backtest 2018-2023
• Profit coefficient: 1.9
• Maximum drawdown: 12%
• Total transactions: 350+
• Win rate: ~72%
  (Results may vary based on broker, spreads and market conditions.)

advantage

• Fully automated trading reduces stress
• Consistent performance across multiple currency pairs
• Adjustable risk settings for conservative or aggressive trading
• Backtest reliability using historical data

shortcoming

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

Installation and Setup Guide

1. Download the Evil EA V4.0 file.
2. Open MT4 → click on file → open data folder → MQL4 → Expert .
3. Copy the EA files to the expert folder.
4. Restart MT4 to load the EA.
5. Open the chart of the recommended currency pair.
6. Drag the EA onto the chart.
7. Adjust settings according to your risk appetite.
8. Enable automated trading in the MT4 toolbar.
9. Monitor initial transactions to ensure proper operation.

Product screenshots