Naragot Portfolio EA is a fully automated MT4 Multi-Currency EA that is FREE to Download. It is a trend-following multicurrency trading system engineered based on the principles of volatility breakouts and breakouts of support and resistance levels. The EA boasts seven diverse strategies chosen from a broader pool of successful strategies.

This article aims to provide a detailed and in-depth understanding of this EA, which has emerged as a reliable tool for professional forex traders.

One thing that sets the Naragot Portfolio EA apart from many other EAs is its unique approach to trading. This EA doesn’t promise trades every day or profits every week. Instead, it trades like most professionals do: with rare but accurate entries. It capitalizes on large trending movements that do not occur daily. When these trends appear, the EA is designed to utilize them to the fullest extent possible.

Contrary to some systems based on curve fitting, tester grails, or over-optimized indicators parameters, the MT4 Multi-Currency EA is rooted in fundamental principles that work on various popular trading instruments.

Trading Principles of Naragot Portfolio

“Trend is your friend,” a popular trading adage, is the guiding principle of the Naragot Portfolio EA. This system is designed to only trade in the direction of trends. It employs two completely different types of trend trading for better coverage and effectiveness.

Interestingly, the MT4 Multi-Currency EA doesn’t rely on any indicators. It adopts a Pure Price Action approach, emphasizing the market’s raw data.

The EA focuses on four of the most liquid pairs in the forex market: EURUSD, GBPUSD, XAUUSD, and USDJPY. These pairs generally have the lowest spreads and the highest liquidity, making them ideal for trading.

Risk Management

Every position initiated by the Naragot Portfolio EA has its predefined Take Profit (TP) and Stop Loss (SL) levels. These levels remain unchanged until the position closes. Notably, the TP is always higher or equal to the SL, a crucial factor in maintaining the system’s robustness.

The EA also doesn’t use toxic money management methods like grid, martingale, curve fitting, artificial high win rates, or scenarios where Stop Loss is greater than Take Profit. These methods often lead to a loss of deposits, undermining the trader’s overall profitability.

Please test in a demo account for at least a week first. Then, familiarize yourself with and understand how Naragot Portfolio Robot works before using it in a real account.

Recommendations for this MT4 Multi-Currency EA

• Minimum Account Balance of 1000$.
• This EA is one chart setup, so it’s only needed to attach on one pair(preferably EURUSD). It will trade on all pairs described on the input parameter.
• Work Best on M1.
• MT4 cannot perform multi-currency backtests, So when you backtest this EA, you only get the result of the only pair you tested.
• This MT4 Multi-Currency EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
• The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker (Find the Perfect Broker For You Here)

Latency: 0.46 ms 2 Weeks Free Trial 100% Free for 24 Months

Start Trial label Licensed Window Server 2022

	Low Spreads Leverage up to 1:500* No Commission	Free TradingView Premium* Register label FREE VPS for Traders*
	Min Deposit of 50$ Allow USA Traders Levergae up to 1:2000	Register label

Download a Collection of Indicators, Courses, and EA for FREE

Input Parameters

• EET offset – EET, Eastern European Time, used by most brokers. It allows to fit divide the trading week into 5 24-hours candles. In this case, you should leave the setting at “0”. But if your broker uses any other time in the terminal, change this setting. For example, if your broker uses GMT set “-3” or “-2” depending on DST.
• Symbol Names – If the names of the symbols are not standard “EURUSD”, “GBPUSD”, “USDJPY”, “XAUUSD” then change these values. In fact, this setting allows you to use any symbol.
• Risk Management Type
  • Fixed_Lot – all positions will be opened with fixed lots. Recommended to use only in backtesting.
  • Fixed_Balance – all positions will be opened with volume as if the balance of the account is always 10k$. The right way to backtest. Using this method, you may see the logarithmic equity graph to rate the profit factor and recovery factor of the whole system with chosen risk balance.
  • Auto_Lot – recommended setting for actual trading. Trading volume is calculated depending on the account balance.
• Set risk multiplicator for every strategy in the system. From the box, the drawdown for every strategy is ~15%. If you set “0,” the strategy will be turned off.

Updated on 2024/10/14

Forum(Mirror Download)

• Read More Sam TrendBlaster NON-Repaint Arrow Indicator

Conclusion

The Naragot Portfolio EA harnesses the power of trend-following trading strategies while avoiding daily trades and high-risk money management techniques. It offers a robust and rational approach to forex trading.

However, like any other trading system, it requires a clear understanding and careful application. Thus, traders are advised to familiarize themselves thoroughly with its functionalities and strategies to fully leverage its potential. Whether you’re an experienced trader or a novice, this MT4 Multi-Currency EA could be a valuable addition to your trading toolkit.