Regal Spear MT4 EA v1.1 + Setfiles (Platform build 1422+)

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: Click here

Regal Spear MT4 Overview

About the author

This product is compiled by Evgeniy Machok. This Russia author has more than +10 years of experience working on MQL5 with many famous products such as Regal Spear MT4, Neural Pattern MT4 and others. Among them, Regal Spear MT4 is his best performing product.

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Regal Spear MT4 professional trading features

Professional trading features include:

1. Key features:

• Fully automated trading: The auto advisor analyzes the market and executes trades without user intervention.
• Neural network based: Uses neural network models to identify trading opportunities in a variety of market conditions.
• Risk management: Positions are protected with customizable stop loss parameters and Drawdown (DD) levels.

2. Additional features:

• Custom Lot Management:

  • AutoLot: Automatically calculate lot size based on account balance.
  • Lot size: Allows manual setting of lot size.
  • Risk: Uses deposit percentage to calculate lot automatically.

• Custom Take Profit and Stop Loss:

  • Manual customization: The advisor allows to customize the Stop Loss (SL) and Take Profit (TP) levels according to the user’s wishes.
  • Trailing stop: Implement the Trailing stop function automatically to increase profits and maximize capital exploitation.

Regal Spear MT4 Reviews

1. Regal Spear EA real trading results:

Real trading results of Regal Spear EA on EURUSD currency pair show high profit potential and guaranteed safety. The trading capital on a real account is $200, the total profit for 79 weeks of continuous trading is 64% and the high safety level drawdown is 12.7%. High stability in real trading allows this advisor to support all levels of investors, overcoming difficult conditions of the forex market.

Key performance metrics:

• Initial investment: $200
• Total profit: 64%
• Trading period: 79 weeks
• Maximum drawdown: 12.7%
• Live Signal: Click here

Regal Spear EA results

2. Regal Spear MT4 backtest:

Regal Spear EA backtest trading results show impressive profit potential when trading EURUSD. The test capital was $100 and the total profit after 9 months of trading was $16,800. The impressive safety level on the Drawdown test was 8.37%.

Regal Spear MT4 backtest

3. Real performance is well rated by users:

Regal Spear EA is the leading expert in automated trading in the automated trading market and especially in trading with EURUSD. The advisor’s performance has been verified and highly appreciated by professional traders and the MQL5 user community.

Regal Spear MT4 Review

Recommended settings

Recommended settings and parameters to pay attention to from developers and experts:

>>> Reviewed by David Easton

Product download package includes

The download package of the product suite includes:

• Experts: Regal Spear MT4 v1.1_fix_1422+.ex4
• Presets:
  • Regal Spear EA_Autolot_Risk5.set
  • Regal Spear EA_Autolot_Risk10.set
  • Regal Spear EA_Autolot_Risk15.set
  • Regal Spear EA_Autolot_Risk20.set

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