Regal Spear MT4 v1.1 with Presets (Platform build 1431+)

What is Regal Spear MT4?

Regal Spear MT4 is a fully automated trading robot designed for the MetaTrader 4 (MT4) platform. The Expert Advisor (EA) is built on the results of many years of market analysis and the development of a neural network model that can create trading systems. This particular system, Regal Spear, has been intensively explored and refined by the developer in the forex market.

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Why choose Regal Spear MT4?

• Automated trading: The system operates independently, requiring no manual input or constant monitoring.
• Proven strategy: Backtesting and live testing results prove the effectiveness of the underlying trading strategy.
• Risk management: Built-in Stop-loss (SL) and Take-profit (TP) orders, as well as loss protection, help minimize potential losses.
• Flexible parameters: Customizable settings allow you to tailor the system to your specific trading preferences and risk tolerance.
• Adaptability: The neural network-based approach allows the system to adapt to changing market conditions.
• User-friendly: Easy to install and configure, with a clear and intuitive interface.
• No Martingale, Grid or Arbitrage: The system is based on a proven and sustainable trading strategy.

Regal Spear EA is designed to take advantage of market opportunities with minimal user intervention. This advanced system is the culmination of years of market analysis and neural network development.

Regal Spear MT4 Features

• Autonomous operation: The robot operates independently, without manual intervention.
• Powered by Neural Networks: Leverages neural networks to analyze market data and identify potential entry points.
• Set and forget: Once configured, the robot runs without constant monitoring.
• Stop Loss and Take Profit: Use both to limit potential losses and secure profits.
• Drawdown protection: Automatically close positions if the account balance falls below a specified threshold.
• Flexible lot size management: Provides both manual and automatic lot size control.

Regal Spear MT4 Review

1. Regal Spear MT4 Results:

The trading results on the Real Account of Regal Spear EA are 65% in 88 consecutive weeks of trading. The advisor started with a capital of $200 and achieved good risk optimization at Maximum drawdown: 12.7%. The advisor achieved a win rate of 87.8% of the total number of trades.

The performance parameters achieve profitability and stability in the long term and the safety of capital are effectively optimized.

Regal Spear EA Live Results

2. Regal Spear EA Backtest:

Regal Spear EA backtest trading results are impressive with a trading capital of $1000. The advisor maintains an impressive risk level and ensures safety over a long period of time.

• Tested with EURUSD (Two positions) and achieved a total profit of $430,000 in 3 years (2019 – 2023), the risk level is well optimized at Maximum drawdown: 10.25% and the win rate on total orders is 94.78%.

Regal Spear MT4 backtests

• Tested with EURUSD (One positions) and achieved a total profit of $60,000 in 3 years (2019 – 2023), the risk level is well optimized at Maximum drawdown: 14.03% and the win rate on total orders is 95.74%.

Regal Spear MT4 backtest

• Tested with EURUSD (Autolot) and achieved a total profit of $753,000 in 3 years (2019 – 2023), the risk level was well optimized at Maximum drawdown: 9.35% and the winning rate on total trading orders reached 87.61%.

Regal Spear EA backtest

Latest product download package includes

The download package includes the official version of the advisor:

• Experts: Regal Spear MT4 v1.1.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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About the Author

This product is compiled by Evgeniy Machok. This author has more than +11 years of experience working on MQL5 with many famous products such as Regal Spear MT4, Neural Pattern MT4 and other products. Among them, Regal Spear MT4 is his best performing product in 11 years.

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Conclusion

In short, Regal Spear EA is an automated trading system designed to take advantage of market opportunities without constant human intervention. Leveraging advanced neural network technology, the system automatically identifies potential entry points and executes trades based on predefined parameters.

>>> Reviewed by Jason Stap