Introduction
Are you tired of manual forex trading, staring at charts for hours, and second-guessing your entries and exits? Enter Niri 4 EA V2.1 MT4, an innovative Expert Advisor built for MetaTrader 4 that takes the guesswork out of trading. Designed for traders at all levels, Niri 4 leverages high-tech algorithms to analyze real-time market data, manage risk intelligently, and execute orders precisely. With Niri 4 EA V2.1, you’ll trade confidently, knowing the bot is monitoring key price levels, filtering out noise, and optimizing your position sizing—coz it’s all taken care of automatically.


In this blog post (approx 1,200 words), we’ll dive deep into what makes Niri 4 special, explore its core features, show you how to install and configure it on MT4, and explain why it’s a must-have tool if you want to automate your forex strategy. Whether you’re a newbie who wants to learn how an EA handles everything for you, or an experienced trader seeking a more reliable risk-management solution, Niri 4 EA V2.1 MT4 has got your back.


Overview


What Is Niri 4 EA V2.1?
Niri 4 EA V2.1 MT4 (also referred to as “Nirio EA” in some circles) is a fully automated trading bot designed specifically for the MetaTrader 4 platform. It analyzes market structure in real time by monitoring candle opens, highs, lows, closes, and volume data. By combining advanced capital management techniques with spread and volatility filters, Niri 4 seeks to capture consistent profits while minimizing drawdowns.


At its core, Niri 4 serves four main purposes:



  1. Real-Time Market Analysis: Scans multiple currency pairs and timeframes to determine precise entry and exit points based on statistical patterns.

  2. Intellectual Risk Management: Automatically adjusts lot sizes according to your account balance and predefined risk parameters, ensuring you never over-expose your capital.

  3. Order Execution & Management: Opens, modifies, and closes trades seamlessly—assigning a unique “magic number” to each order for easy tracking.

  4. Adaptive Filtering: Implements dynamic spread and volatility filters to avoid trading during low-liquidity or high-spread spikes.


Since Niri 4 EA V2.1 MT4 was optimized for both demo and real accounts, traders report that its behavior in the strategy tester closely mirrors live performance. Whether you trade majors like EURUSD and GBPUSD or cross pairs like EURJPY and AUDNZD, this bot adapts to varying volatility and market conditions.


Niri 4 EA V2.1MT4


Key Features


Below is a list of standout features that distinguish Niri 4 EA V2.1 MT4 from other automated systems:



  • Reliability & Stability – Developed under strict quality standards, Niri 4 is coded to run 24/5 without crashing or causing MT4 to freeze, providing stable performance even during news events.

  • Intellectual Risk Management – Built-in money management uses the parameters MoneyManagementOn and MoneyManagementPercent to adapt lot sizes based on your account equity. Safe defaults let you risk 2.5 – 5% of your balance per trade.

  • Real-Time Market Analysis – Utilizes settings like SetSearchExtreme, SetIntegrationBars, and SetBeam to scan candlestick patterns and volume data. This multi-layered approach identifies trend strength and potential reversals before they happen.

  • Flexible Settings – Traders can tweak nearly every aspect: from ORDERS (max simultaneous open trades) to spread filters (SpreadFilterOn, SpreadFilter) and volatility filters (SpreadVolatilityFilterOn). This ensures Niri 4 conforms to your personal strategy.

  • Order Management & Identification – Each trade is assigned a unique OrderMagic number (default 11358). Coupled with OrderComment, you can track which version of Niri 4 triggered a trade, making backtesting cleaner.

  • Take Profit, Stop Loss & Trailing Stop – Configure TakeProfit and StopLoss in relative points, with a built-in trailing stop (TrailingOn) that kicks in after a specified threshold (TrailingStart, TrailingStop). Protect profits automatically.

  • Spread Filtering – By enabling SpreadFilterOn and setting a maximum SpreadFilter value (e.g., 30 points), Niri 4 avoids entering trades during periods of abnormally high spreads, thus reducing slippage.

  • Volatility Filtering – SpreadVolatilityFilterOn filters out trades when market volatility spikes, ensuring signals are only taken during stable conditions.

  • Simple User Interface – Despite its advanced architecture (with parameters like SetLogicalPointWidth and SetCorrection), Niri 4 offers an intuitive settings panel. Even those with no programming background can configure it quickly.

  • Order Limit Control – The ORDERS parameter caps the maximum number of open trades (default 12), preventing “grid-like” scenarios where too many trades run simultaneously.


Backtest Results & Proof


When evaluating any Expert Advisor, backtest results and forward performance are crucial. Here’s how Niri 4 EA V2.1 MT4 fares under historical testing:



  • Time Frame Tested: January 1, 2022 – December 31, 2024 (36 months) on EURUSD, GBPUSD, USDJPY, and AUDUSD in H1 timeframe.

  • Initial Deposit: $10,000 (fixed lot size disabled; money management enabled).

  • Backtest Outcome:



  1. Net Profit: + 27,500 USD (275% gain).

  2. Max Drawdown: 5.2% (relative equity drawdown).

  3. Total Trades: 1,200+ (win rate ~ 62%).

  4. Profit Factor: 1.85


These backtests—conducted with 99.9% tick data accuracy—show a smooth equity curve with few large drawdowns, thanks to Niri 4’s intelligent filters and dynamic stop management. To verify live performance, a forward test from January 2025 – May 2025 on a 0.01 lot micro account yielded:



  • Live Net Profit: + 2,300 USD (on a $1,000 deposit)

  • Live Win Rate: ~ 59%

  • Live Max Drawdown: 4.8%


Overall, live results mirror backtests closely, signifying that Niri 4 EA V2.1 MT4’s coded strategy translates well to real market conditions. Traders can download the equity curve screenshots and risk-vs-reward infographics from our resources page to see exactly how the bot performed under various market regimes.


How to Install & Configure


Getting Niri 4 EA V2.1 up and running on MT4 is straightforward. Just follow these steps:



  1. Download the EA File



  • Visit your preferred source (e.g., fxcracked.org) and download Niri4_EA_V2.1.zip.

  • Extract the ZIP to reveal Niri4_EA_V2.1.ex4.


     2. Copy to MT4 Experts Folder



  • Open MT4, then click File → Open Data Folder.

  • Navigate to MQL4 → Experts and paste Niri4_EA_V2.1.ex4 into this folder.


    3. Restart MetaTrader 4



  • Close and reopen MT4 so the new EA appears under the Navigator → Expert Advisors section.


   4. Attach Niri 4 to a Chart



  • In MT4’s Navigator, expand Expert Advisors, find Niri 4 EA V2.1, and drag it onto your chosen chart (e.g., EURUSD H1).

  • In the EA Settings window, enable Allow Live Trading and confirm other inputs.


   5. Recommended Settings
Below is a sample of recommended default inputs for balanced performance (modify as needed):



  • OrderMagic = 11358

  • MoneyManagementOn = true

  • MoneyManagementPercent = 3.0 (risk 3% per trade)

  • SetSearchExtreme = 34, SetIntegrationBars = 144, SetCorrection = 8

  • SetLogicalPointWidth = 3, SetBeam = 15

  • ORDERS = 12, TakeProfit = 2000, StopLoss = 1044

  • TrailingOn = true, TrailingStart = 300, TrailingStop = 50

  • SpreadFilterOn = true, SpreadFilter = 30

  • SpreadVolatilityFilterOn = true


    6. Apply to Multiple Pairs



  • To run Niri 4 on multiple charts, simply repeat the “attach to chart” process for each pair/timeframe combination you wish to trade.


    7. Monitoring & Adjustments



  • Keep an eye on the Experts and Journal tabs in MT4 to confirm orders are placed and modified as expected.

  • If equity drawdown exceeds your comfort zone, you can disable new trades by unchecking the “Allow Live Trading” box in the EA’s settings or adjust MoneyManagementPercent downward.


Niri 4 EA V2.1MT4


Why Choose Niri 4-Powered Tools?



  1. Reputation & Reliability
    Niri 4 EA V2.1 MT4 was developed by seasoned algo coders with a track record of creating stable, profit-oriented EAs. It undergoes monthly updates to refine algorithms based on emerging market conditions.

  2. Free Policy & Ongoing Updates
    Unlike many premium bots that charge hefty subscription fees, Niri 4 is available at an affordable one-time cost (or sometimes free via selected partners), with lifetime access to updates and support.

  3. Comprehensive Documentation & Community
    Every purchase includes a detailed user guide, setup videos, and direct links to community discussions where traders share optimization tips.

  4. Scalable for All Traders
    Whether you have a $500 micro account or a $50,000 professional account, Niri 4 scales position sizing automatically—ensuring that the same core strategy works across various equity levels.


For more information about our development team and company background, check out our About Us page here: About Us.


Support & Disclaimer


If you hit any bug or need help tweaking the settings, feel free to ping our support team:



Please note, past performance is no guarantee of future results. Forex trading carries inherent risk. Always:



  • Backtest Niri 4 on a demo account before going live.

  • Use proper risk management—never risk more than you can afford to lose.

  • Keep MT4 updated and run your EA on a reliable VPS (recommended) for 24/5 uptime.


Consider all information here as educational; we’re not financial advisors.


Call to Action


Ready to supercharge your forex trading? Grab your copy of Niri 4 EA V2.1 MT4 now, and start automating your strategy with confidence. Download the EA package today and join our growing community of traders. Remember, unlimited support is just a WhatsApp or Telegram message away.


Join our Telegram for the latest updates and support


Happy Trading