Naragot Portfolio EA

Naragot Portfolio EA is a fully automated, multi-currency trading system available for free download on MT4. It is a trend-following system, engineered on the principles of volatility breakouts and breakouts of support and resistance levels. The EA incorporates seven diverse strategies selected from a broader pool of successful trading methods.

1. Unique Trading Approach: Unlike many other EAs, Naragot Portfolio EA doesn't promise daily trades or weekly profits. It mirrors professional trading by making rare but precise entries, capitalizing on significant trending movements that don’t occur daily.
2. Fundamental Principles: This EA avoids curve fitting, tester grails, or over-optimized indicator parameters, instead basing its strategies on fundamental principles that work across various popular trading instruments.
3. Pure Price Action: Naragot Portfolio EA doesn't rely on any indicators. It adopts a pure price action approach, emphasizing the raw data produced by the market.
4. Focus on Liquid Pairs: The EA targets 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.

The Naragot Portfolio EA is guided by the adage “Trend is your friend.” The system is designed to trade only in the direction of trends, employing two different types of trend trading for broader coverage and effectiveness.

1. Predefined TP and SL Levels: Every position initiated by the EA has predefined Take Profit (TP) and Stop Loss (SL) levels that remain unchanged until the position closes. The TP is always higher than or equal to the SL, maintaining the system's robustness.
2. Avoidance of Toxic Methods: The EA does not use risky money management methods like grid, martingale, curve fitting, artificial high win rates, or scenarios where SL is greater than TP, which often lead to a loss of deposits.

1. Minimum Account Balance: $1000.
2. One-Chart Setup: The EA needs to be attached to only one pair (preferably EURUSD). It will trade on all pairs described in the input parameters.
3. Optimal Timeframe: Works best on the M1 timeframe.
4. Recommend running this free forex EA on a VPS (Vultr)
5. Low Spread ECN account is also recommended Icmarket and Exness

Recommendation: Test the EA in a demo account for at least a week to understand its functionality before using it in a real account.

By following these guidelines, traders can maximize the potential of Naragot Portfolio EA and achieve more stable and consistent trading results.