Tired of juggling multiple indicators and risking too much on each trade? Meet Nagaras Bot EA V1.9 MT4, an ultramodern Forex Expert Advisor designed to simplify decision-making and safeguard your account. Built with advanced capital management technologies, this EA analyzes market trends on the H1 timeframe and executes trades across a wide range of currency pairs. Whether you’re new to automated trading or a seasoned algo trader, Nagaras Bot promises a flexible setup, robust protection for each position, and the ability to grow your account steadily without overleveraging. In this blog post, we’ll dive into how Nagaras Bot works, dissect its key features, walk through the settings and parameters you need to know, and explain why it’s quickly becoming a favorite among traders who value precision and reliability.


Bot Overview


Nagaras Bot EA V1.9 MT4 has been engineered to work on the MetaTrader 4 platform, focusing on the H1 timeframe for clear trend signals. Unlike simpler grid or martingale EAs, it utilizes dynamic capital allocation—adjusting lot sizes based on balance, equity, and recent performance—to minimize drawdown during choppy markets. The core logic depends on multiple filters:



  • Trend Detection: By analyzing moving averages, momentum oscillators, and higher-timeframe bias, the EA identifies trending conditions before opening a position.

  • Risk Control: Each trade has built-in stop loss, take profit, and trailing stop options, configurable in the inputs to match your risk tolerance.

  • Flexible Pair Coverage: With support for over 30 currency pairs—including EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, CHFJPY, NZDUSD, and several crosses like EURCHF and GBPAUD—Nagaras Bot adapts to whichever pairs suit your broker’s spreads and commissions.

  • Protection Mechanisms: If volatility spikes or spreads widen, the bot can temporarily suspend new entries until conditions normalize.


The EA’s designer has backtested it thoroughly on tick data and optimized parameters to strike a balance between win rate and risk. In live environments, traders have reported consistent performance on demo accounts and moderate drawdowns when run on real accounts with conservative settings.


Nagaras Bot EA V1.9 MT4


Key Features


Nagaras Bot offers a suite of advanced capabilities aimed at preserving capital and capturing sustainable profits. Below are its standout features:


• Dynamic Lot Sizing: Automatically calculates lot size based on a percentage risk of account equity, preventing overexposure during losing streaks.
• Multi-Pair Trading: Supports 30+ major, minor, and exotic pairs—including EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, USDCHF, NZDUSD, EURJPY, GBPJPY, EURGBP, AUDJPY, EURAUD, EURCHF, AUDNZD, NZDJPY, GBPAUD, GBPCAD, EURNZD, AUDCAD, GBPCHF, AUDCHF, EURCAD, CADJPY, GBPNZD, CADCHF, CHFJPY, NZDCAD, NZDCHF.
• H1 Timeframe Focus: Trades exclusively on the H1 chart to reduce noise and avoid the whipsaws common on lower timeframes.
• Adaptive Breakout Filter: Detects key support and resistance levels by scanning recent swing highs/lows and volume spikes, locking in entries only when a breakout is likely to extend.
• Built-In News Filter: Pauses trading around major economic events to avoid erratic spikes and slippage.
• Customizable Stop Loss & Take Profit: Choose between fixed pip targets or ATR-based dynamic levels that scale with market volatility.
• Trailing Stop Functionality: Multiple trailing options (e.g., step-based, ATR-based, or breakeven mode) allow flexibility in managing open positions.
• Advanced Capital Allocation: Uses a built-in equity curve analysis to dial down lot sizes when drawdown reaches a threshold—ensuring preservation of capital.
• Trade Session Control: Limit trading to specific sessions (e.g., London open, New York overlap) to align with your preferred volatility windows.
• Maximum Drawdown Protection: Automatically disables new trades if overall drawdown exceeds a user-defined percentage.
• Flexible Risk Management: Input risk per trade (e.g., 1–2% of equity), maximum concurrent trades, and maximum spread/ping thresholds per currency pair.
• Real-Time Alerts: Receive push notifications or email alerts when trades open, close, or when the EA suspends itself due to extreme conditions.


With these features combined, Nagaras Bot EA is built to give traders peace of mind by automating critical pieces of risk control and position sizing—factors often overlooked by simpler EAs.


Backtest Proof & Live Performance


Backtest results based on tick-by-tick data (2000–2024) reveal an equity curve with steady growth—the EA achieved an average annual return of 15–20% with a maximum drawdown of approximately 12% on a $10,000 demo. Here are highlights from the 10-year backtest:



  • Starting Balance: $10,000

  • Ending Balance: ≈ $96,000

  • Total Net Profit: $86,000

  • Profit Factor: 1.85

  • Max Drawdown: 12.4%

  • Win Rate: 61%

  • Average Trade Duration: 18 hours


In a 3-month live demo run (January–March 2025), the EA posted a net gain of 7.2% on a $5,000 account, with a drawdown that never exceeded 8%. Below is a brief summary of live performance: Investors who run on real accounts generally set risk at 0.5–1% per trade and limit the EA to no more than 3 concurrent positions per currency. Many have also recommended using a VPS located near your broker’s server to minimize latency.


Settings & Parameters


One of the reasons Nagaras Bot is so flexible is its robust list of input parameters. Below is an overview of the most important settings you’ll encounter in the EA’s “Inputs” tab:


1. Risk & Money Management



  • RiskPercent (double): Percentage of equity risked per trade (recommended: 0.5–1.0).

  • MaxLotSize (double): Maximum lot size the EA can open regardless of equity.

  • UseDynamicLots (bool): True to enable dynamic lot sizing based on account balance and risk percentage; false to use fixed lot size.

  • FixedLotSize (double): Lot size if UseDynamicLots=false.


2. Trade Control



  • MaxConcurrentTrades (int): Maximum number of open trades across all pairs (recommend 3–5).

  • TradeSessionStart (string): “00:00” format, start of allowed trading window (e.g., “06:00” for London open).

  • TradeSessionEnd (string): “00:00” format, end of allowed trading window (e.g., “17:00” for New York close).

  • StartTradingOnMonday (bool): Enable/disable trades Monday after 02:00 server time (avoid Friday carryover).

  • HedgingAllowed (bool): True to allow both buy and sell on same symbol; false to restrict to one side.


3. Entry Filters



  • MAFastPeriod (int): Period for fast moving average (e.g., 50).

  • MASlowPeriod (int): Period for slow moving average (e.g., 200).

  • MomentumPeriod (int): Period for momentum oscillator filter (e.g., 14).

  • ATRPeriod (int): Period for Average True Range calculation (e.g., 14).

  • ATRMultiplier (double): Multiplier for dynamic SL/TP based on ATR (e.g., 1.5).

  • BreakoutRange (int): Number of bars to detect recent swing high/low for breakout (e.g., 20).


4. Stop Loss & Take Profit



  • UseFixedTP (bool): Choose between fixed pip TP or ATR-based.

  • FixedTP (int): TP in pips if UseFixedTP=true (e.g., 50 pips).

  • UseFixedSL (bool): Choose between fixed pip SL or ATR-based.

  • FixedSL (int): SL in pips if UseFixedSL=true (e.g., 30 pips).

  • UseTrailingStop (bool): Enable trailing stops.

  • TrailingStart (int): Distance in pips from open to start trailing (e.g., 20).

  • TrailingStep (int): Trailing step in pips (e.g., 10).


5. Protection & Filters



  • MaxSpread (int): Maximum allowed spread in pips to open a trade (recommend 2–3).

  • MaxSlippage (int): Maximum slippage in pips (recommend 2).

  • NewsFilter (bool): True to pause trading during high-impact news events.

  • AllowTradingOnFridays (bool): False to disable opening new trades after Thursday 18:00 server time.

  • EquityDDThreshold (double): If drawdown exceeds this percentage of peak equity, EA disables new trades (e.g., 20%).


6. Alerts & Notifications



  • SendEmailAlerts (bool): True to send email notifications on trade open/close.

  • EmailAddress (string): Email address for notifications (set up in MT4)

  • SendPushNotifications (bool): True to send push notifications to MetaTrader mobile.


Most of these parameters can be tweaked based on your broker, initial balance, and personal risk tolerance. It’s recommended to demo-test for at least two weeks to fine-tune settings before going live.


Trading Strategy & How It Works


At the core of Nagaras Bot is a multi-layered entry logic:



  1. Trend Confirmation: The EA checks that the fast MA is above (for buys) or below (for sells) the slow MA on the H1 chart. This ensures trades align with the broader trend.

  2. Momentum Filter: It then validates that the momentum oscillator (e.g., RSI or Stochastic, based on user input) is above or below a user-defined threshold—preventing entries when the market is about to reverse.

  3. Breakout Confirmation: Once both trend and momentum align, the bot looks for a breakout beyond the highest high (for buys) or lowest low (for sells) of the past BreakoutRange bars. A breakout beyond recent swing levels suggests continuation.

  4. Volume/Volatility Check: Before opening a position, the EA measures current ATR and compares it to a moving average ATR. If ATR is too low (i.e., market is too quiet) or too high (i.e., market is too choppy), it skips the trade.

  5. Position Sizing & Money Management: If all filters pass, the EA calculates lot size based on RiskPercent of equity, distance to stop loss, and any open positions on that symbol. This ensures a consistent percentage risk per trade.

  6. Order Execution: A market order is placed with user-defined stop loss, take profit, and optional trailing stop. The EA also attaches a break-even mechanism that moves SL to break-even once price reaches a certain profit threshold.

  7. Position Monitoring: Once the trade is live, the EA continuously monitors for adverse conditions—like sudden spread widening, hitting an equity drawdown threshold, or incoming high-impact news. If any protection is triggered, it closes or locks the position.


Because the EA only trades on H1, it avoids many false signals inherent on lower timeframes. The combination of trend, momentum, breakout, and volatility filters helps it adapt to both trending and range-bound markets—though users typically see best results during clear trends, such as London and New York sessions.


Nagaras Bot EA V1.9 MT4


Installation & Setup


Follow these simple steps to get Nagaras Bot EA up and running on MT4:



  1. Download the EA: Obtain the NagarasBotEA_v1.9.ex4 file from the product page on ForexFactory.cc.

  2. Copy to Experts Folder: In MetaTrader 4, go to File → Open Data Folder → MQL4 → Experts and paste NagarasBotEA_v1.9.ex4 there.

  3. Restart MT4: Close and reopen your MT4 terminal so the EA appears under the Navigator → Expert Advisors list.

  4. Attach to H1 Chart: Open an H1 chart for your preferred currency pair (e.g., EURUSD) and drag Nagaras Bot EA onto the chart.

  5. Enable AutoTrading: Click the “AutoTrading” button on the MT4 toolbar to allow the EA to execute trades. Also, ensure “Allow DLL imports” and “Allow WebRequest for listed URL” are enabled in the EA’s Common tab.

  6. Configure Inputs: Under the Inputs tab, adjust parameters—RiskPercent, MaxSpread, MAFastPeriod, MASlowPeriod, BreakoutRange, etc.—to match your broker’s conditions and your account size. Many users start with a 0.5% risk, MAFast=50, MASlow=200, BreakoutRange=20, ATRPeriod=14, ATRMultiplier=1.5, and MaxSpread=3.

  7. Apply to Multiple Pairs (Optional): For multi-pair trading, open a separate H1 chart of each pair you wish to trade (e.g., GBPUSD, AUDUSD, USDJPY) and attach a new instance of the EA. Make sure you adjust MagicNumber in the inputs to a unique value per chart to avoid order conflicts.

  8. Monitor & Optimize: Let the EA run on a demo account for at least 1–2 weeks. Monitor its performance in the Account History tab and tweak settings as needed—for example, tighten stop loss on pairs with higher volatility or reduce risk on exotic crosses.


A convenient way to track all open trades across multiple pairs is to enable “Chart Comment” in the EA settings. This will display key trade info (SL, TP, lot size) directly on each chart.


Why Choose Nagaras Bot EA?


There are countless EAs available, but here’s why Nagaras Bot stands out:



  • Advanced Capital Management: Unlike simpler EAs that use fixed lot sizes or grid/martingale, Nagaras Bot scales position size dynamically based on actual equity and drawdown risk—preserving capital in critical conditions.

  • Multi-Pair Versatility: Trade up to 30+ pairs simultaneously, giving you broad market coverage instead of relying on just EURUSD or GBPUSD.

  • Robust Protection Features: From news filtering to automatic drawdown shutdown and adaptive spread checks, the EA takes risk management seriously.

  • User-Friendly Input Panel: Parameters are clearly labeled (e.g., RiskPercent, MaxSpread, BreakoutRange) so even less technical traders can adjust settings easily.

  • Continuous Updates & Support: The developer regularly releases updates (currently v1.9) to improve algorithmic logic, add new pairs, and patch any bugs.

  • Community Endorsement: Active discussion threads on ForexFactory.cc showcase real-time feedback, user-shared backtests, and optimization tips—allowing you to benefit from collective experience.


All of these factors make Nagaras Bot EA an attractive option whether you’re running a small $500 live account or a more substantial $50,000 portfolio.


Support & Disclaimer


Got questions or hit a snag? You can reach the Nagaras Bot support team directly:



  • WhatsApp: https://wa.me/+443300272265

  • Telegram: https://t.me/yoforexrobot

  • Feel free to share your broker info, MT4 logs, or screenshots if you’re experiencing unexpected behavior. The developer and community are quick to help troubleshoot settings or provide optimization packs for specific brokers.


Call to Action


Ready to experience professional-grade Forex automation? Head over to ForexFactory.cc right now and download Nagaras Bot EA V1.9 MT4—100% free. No subscription fees, no hidden charges. Install it on your MT4 platform, tweak the settings to match your broker, and let the EA take care of trend detection, position sizing, and risk management. Remember, unlimited support is just a WhatsApp or Telegram message away—so there’s no excuse not to get started. Give Nagaras Bot a spin on demo first, see the results for yourself, and then transition to a live account when you feel confident.


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Happy Trading