Naragot Portfolio – MT4 Multi-Currency EA FREE Download [Update] Naragot Portfolio – MT4 Multi-Currency EA FREE Download [Update]

Naragot Portfolio EA is a fully automatic MT4 multi-currency EA which is free to download. It is a trend following multi-currency trading system designed based on the principles of swing breakouts and breakouts of support and resistance levels. The EA has seven different strategies, chosen from a wider range of successful strategies.

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

One of the differences between the Naragot Portfolio EA and many other EAs is its unique approach to trading. This EA does not promise daily trading or weekly profits. Instead, it trades like most pros: with few but accurate entries. It takes advantage of large trend movements that don't happen every day. When these trends occur, the EA aims to exploit them as fully as possible.

Contrary to some systems based on curve fitting, tester grails or over-optimized indicator parameters, MT4 Multi-Currency EA is rooted in fundamental principles that apply to a wide range of popular trading instruments.

Trading Principles of Naragot Portfolio

"The trend is your friend" is a popular trading maxim and the guiding principle of Naragot Portfolio EA. This system is designed to trade only in the direction of the trend. It uses two completely different types of trend trading for better coverage and effectiveness.

Interestingly, the MT4 Multi-Currency EA does not rely on any indicators. It takes a pure price action approach and emphasizes the market's raw data.

This EA focuses on the four most liquid currency pairs in the Forex market: EURUSD, GBP/USD, Gold USD and USDJPY. These currency pairs typically have the lowest spreads and highest liquidity, making them ideal for trading.

Risk Management

Each 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 is closed. It is worth noting that TP is always higher than or equal to SL, which is a key factor in maintaining system robustness.

The EA also does not use toxic money management methods such as grids, martingales, curve fitting, artificially high win rates, or situations where stop loss is greater than take profit. These methods often result in the loss of deposits, which harms the trader's overall profitability.

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

Recommendations for this MT4 Multi-Currency EA

• Minimum account balance 1000$ .
• This EA is a chart setup, so only one pair needs to be attached (preferably EURUSD). It will trade all currency pairs described in the input parameters.
• Work Best on M1 .
• MT4 cannot perform multi-currency backtesting, so when you backtest this EA you will only get results for the only currency pair you tested.
• This MT4 Multi-Currency EA should be continuously run on VPS for stable results. Therefore, we recommend running this MT4 EA download on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
• The EA is not sensitive to spreads and slippage . But we recommend using a good ECN broker ( find the best one for you here )

Updated on October 14, 2024

• Learn MoreSam TrendBlaster Non-Redraw Arrow Indicator

Conclusion

Naragot Portfolio EA harnesses the power of trend following trading strategies while avoiding day-to-day trading and high-risk money management techniques. It provides a robust and sound approach to Forex trading.

However, like any other trading system, it requires clear understanding and careful application. Therefore, traders are advised to become thoroughly familiar with its features and strategies in order to exploit its full potential. Whether you are an experienced trader or a newbie, this MT4 multi-currency EA can be a valuable addition to your trading toolkit.