Naragot Portfolio Review

Naragot Portfolio is a robot that has a ridiculous name and logo. It was published on MQL5 and has so far over 800 demo downloads. Alexander Mordashov is the developer of this Forex robot. The last update of the system was in September 2021. Let’s check the system and its profitability in the current days.

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Features

It’s time to talk about features, settings, and other details explained in the presentation. 

• The system knows how to work automatically for us. 
• The current price for several last copies is $449. The next price will be  $599. 
• The system focuses on executing a trend strategy on a terminal.  
• The system works with “principles of volatility breakout and breakouts of support/resistance levels.” 
• The advisor can work on the MT5 platform. 
• The suggested broker is Darwinex. 
• It may not open orders on the every day basis. 
• “The advisors are based on fundamental principles which work on many popular instruments.”
• It places trades when the market goes during a trend. 
• “Unlike most sellers, I trade these strategies myself with my own significant funds.”
• We can trade on EURUSD, GBPUSD, XAUUSD, and USDJPY. 
• We can expect that the system uses SL and TP levels. 
• TP are bigger than SL levels.
• The advisor doesn’t use risky strategies like Grid, Martingale, etc. 
• We have details explained of how we have to perform backtests. 
• “EET – Eastern European Time used by the majority of brokers. It allows dividing trading weeks 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 time set “-3” or “-2” depending on DST.”
• We can trade with fixed and dynamic lot sizes. 
• The risk should be customized manually. 

How to start trading with Naragot Portfolio

We can purchase the advisor for $449. It’s quite a high price. There are no rental options available. We have only the possibility to test it on a terminal.

Backtests

The robot worked on the tick data for 21 years. The history quality was 96%. An initial deposit was $10,000. It has become $184,551 of the total net profit. The maximum drawdown was mediocre, 14.91%. The profit factor was 2.15 and the recovery factor was also high – 67.79. There were 7366 orders executed. 

Verified trading results of Naragot Portfolio

We like when the devs provide clients with verified Myfxbook trading results as it allows us to check all the necessary details about the system. The robot was set to work on IC Markets automatically with 1:100 leverage receiving technical data from MT4. The account was deployed on March 25, 2018, deposited at 4,999, and withdrawn at $100. Since then, the absolute gain has become 89.64%. An average monthly gain is 1.51%. The maximum drawdown is 38.20%. We have only three investors tracking these results. 

There were 6,000 orders with 189,647 pips executed. An average win is 297.16 pips when an average loss is -138.53 pips. The accuracy for longs is 35% and 43% for shorts. The robot tardes with an average trade frequency of ten hours and 19 minutes and a low profit factor of 1.11. 

Most of the profits were obtained on Gold, $6359. The rest of the cross pairs must be updated ASAP. 

The system works with medium risks to the balance. 

The details about closed orders aren’t available because of aggressive Martingale on the board. 

The system isn’t a stable and predictable trading solution at all. 

People feedback

Alexander Mordashov runs a page with a 1976 rating. His products have a 4.6 rate based on 24 reviews. There are 9 products in his portfolio. 

We have many negative testimonials in addition to what we see in trading results. 

Review summary

Naragot Portfolio is a trading solution that couldn’t show stable and predictable trading results on the real account. All these profits were gained because of the high-risk trading. We can’t suggest you use this system. 

Would you like to try out trading with an Expert Advisor?

Check Out Best Forex EAs Here