Regal Spear MT4 v1.1 with SetFiles (Platform build 1444+)
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What is Regal Spear EA?
Regal Spear EA is an automated trading Expert Advisor (EA), designed on the Metatrader 4 (MT4) platform and optimized for trading to achieve the best performance with the EURUSD currency pair. The advisor integrates a neural network to improve the quality of analysis and trading, the advisor has proven its real-life trading performance and the most difficult testing conditions in the forex market.
➡️ Vendor Website: View here
About the Author
This product is compiled by Evgeniy Machok. This Russia author has more than +12 years of experience working on MQL5 with many famous products such as Regal Spear MT4, Regal Spear MT5, SZ Scalper EA, Yellow EA MT4, Neural Pattern MT4 and others. Among them, Regal Spear MT4 is his best performing product.
Key Features of Regal Spear MT4
🔹 Neural Network Logic: Built from data-driven models that adapt to changing market behavior.
🔹 Full Automation: Executes trades independently with no manual intervention required.
🔹 Strict Risk Protection: Every position is secured with Stop loss (SL) and drawdown limits.
🔹 Flexible Lot Control: Supports automatic or manual lot sizing based on account risk.
🔹 Safe Execution Filters: Spread control, safer entries, and time-based position handling.
What is the Regal Spear MT4 Trading Strategy?
🔹 AI-Based Market Evaluation: Identifies optimal entries using neural network analysis.
🔹 Trend-Oriented Entries: Trades selectively under favorable and stable market conditions.
🔹 Single-System Focus: Avoids overexposure with controlled order limits and timing rules.
🔹 Adaptive Profit Targets: Uses dynamic or fixed exits to match current volatility.
Regal Spear MT4 Review
1. Regal Spear MT4 Signal Results:
The Regal Spear EA achieved impressive profit performance when trading with EURUSD pair. Trading results on real account for 79 consecutive weeks of trading:
✅ Initial Deposit: $200
✅ Growth Rate: +64%
✅ Win Rate (% of total): 88.2%
✅ Maximum Drawdown: 12.7%
Regal Spear EA results
2. Regal Spear MT4 Backtest:
The Regal Spear MT4 have achieved impressive profit performance over many years of trading. The advisor shows amazing ability to master the market and increase profits.
The Regal Spear MT4 backtest trading results achieved impressive profit performance for 9 months on the EURUSD pair.
Initial Deposit: $100
Total Net Profit: $16,838.37
Win Rate (% of total): 97.14%
Maximum Drawdown: 8.37%
Regal Spear MT4 backtest
Why Choose & Use Regal Spear MT4?
🔹 Non-Martingale Design: No grid, martingale or arbitrage methods are used.
🔹 Capital Preservation First: Built for controlled drawdowns and long-term stability.
🔹 Hands-Free Trading: Ideal for traders seeking passive, rule-based automation.
🔹 Beginner-Friendly Setup: Simple configuration with default settings ready to run.
🔹 Marketplace-Ready EA: Well-suited for professional, long-term automated trading.
Is Regal Spear MT4 safe?
Regal Spear MT4 shows significant potential in providing stable and reliable profits, making it a reliable tool in the forex market. The advisor is highly appreciated by the MQL5 community in many aspects and has won the trust of users.
➡️ Alexis Tormo (2023.03.16): “Although I have had it for a short time, for the moment it complies with what was planned.”
➡️ Maj3t364 (2023.03.24): “A few days ago I also bought it and I directly put it in a real account after trying it in backtest. Since then, all operations have been positive. The bot works perfectly and does what it promises.”
Regal Spear MT4 Review
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $100 |
| Time frames | M5 (5 minute chart) |
| Currency pairs | EURUSD |
| Setup files | Available |
| Product type | NoDLL /Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ Regal Spear MT4 v1.1_fix.ex4
2. SetFiles:
✅ Regal Spear EA_Autolot_Risk5.set
✅ Regal Spear EA_Autolot_Risk10.set
✅ Regal Spear EA_Autolot_Risk15.set
✅ Regal Spear EA_Autolot_Risk20.set
Conclusion
In short, Regal Spear MT4 represents a breakthrough in neural network automated trading. By utilizing advanced pattern recognition and a non-martingale structure, it offers a stable and reliable solution for the EURUSD market. With its verified high win rate and strict drawdown controls, it is the perfect tool for traders seeking long-term account growth.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is the core trading strategy of Regal Spear MT4?
Regal Spear uses a Neural Network (AI) logic to analyze historical market data and identify recurring price patterns. Unlike rigid indicator-based bots, the neural network allows it to adapt its entries based on the current market "regime." It focuses on Trend-Following entries, entering the market only when the probability of a sustained move is high.
❓ Is it a "Martingale" or "Grid" system?
No. One of its main selling points is its Non-Martingale design. It does not double its lot size to recover losses, nor does it open a wide grid of orders. This makes it significantly safer for smaller accounts and long-term capital preservation.
❓ What are the verified backtest results?
In a 9-month stress test on EURUSD:
✅ Initial Deposit: $100
✅ Total Net Profit: $16,838.37
✅ Win Rate: 97.14%
✅ Maximum Drawdown: 8.37%
❓ How does the "SafeTrades" setting work?
The SafeTrades parameter, when set to true, forces the EA to use more stringent entry criteria. This reduces the number of trades but significantly improves the quality of entries, aiming to lower the maximum drawdown during volatile market periods.
❓ What is the "Lasting of positions" parameter?
This is a time-based exit rule. By default, Regal Spear is designed to be an intraday scalper. This setting (measured in minutes) limits how long a position can remain open, ensuring that the EA doesn't get stuck in a "dead" market or an overnight trend reversal.
❓ What is the recommended minimum deposit?
The developer suggests a minimum of $100. Because the EA uses fixed stop-losses and does not rely on account-draining recovery methods, it is accessible to retail traders with smaller balances.
❓ Does it require a VPS (Virtual Private Server)?
Yes. Because the EA uses complex neural network calculations and operates on a fast M5 timeframe, it requires a stable, 24/7 connection. Any internet lag or power outage could cause the bot to miss a critical exit signal or a "SafeTrade" entry.
❓ Can I use Regal Spear MT4 on other currency pairs?
While it is heavily optimized for EURUSD, the neural network template is adaptive. Some traders use it on other major pairs, but the developer's verified results and "out-of-the-box" settings are tailored specifically for the Euro.
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