Regal Spear EA MT4 V1.1 with Setfiles

What is Regal Spear EA MT4?

Regal Spear EA MT4 distinguishes itself as a neural network-based automated trading solution specifically engineered for EURUSD market analysis and execution on MetaTrader 4. This advanced expert advisor achieved 76% account growth over 74 weeks of live trading while maintaining drawdown control at 12.7%. Operating on the 5-minute timeframe, the EA utilizes proprietary artificial intelligence algorithms to identify and execute trading opportunities with minimal human intervention.

• Vendor Website: Click here

About the Regal Spear EA MT4’s Author

Evgeniy Machok developed Regal Spear EA MT4, drawing from over 10 years of algorithmic trading experience within the MQL5 community. This Russian developer has established expertise in creating automated trading systems for the MetaTrader platform. His extensive background in algorithmic trading development is evident in the EA’s sophisticated neural network implementation and comprehensive risk management architecture.

Key Takeaway

• Overview: AI-powered automated trading system with neural network analysis, customizable risk management, auto-lot sizing, and spread control specifically calibrated for EURUSD M5 trading

• Trading Strategy: Employs proprietary neural network models to analyze market conditions and generate trading signals, utilizing pending orders with configurable position duration (default 115 minutes) and end-of-month trading pauses

• Core Algorithm: The neural network processes market data through undisclosed proprietary methods, creating a “black box” system where trade logic remains invisible to users but potentially offers superior market adaptation

• Key Benefits with Trade-offs:

• 89.5% win rate provides strong profitability potential, though 10.5% losing trades create monthly performance variations
• Comprehensive risk management eliminates emotional trading, but requires careful parameter configuration to prevent excessive losses
• Neural network may adapt to changing market conditions, though users cannot verify or understand the decision-making process
• Flexible money management options accommodate different risk profiles, yet improper settings can lead to account damage

• Verified Performance: Live results show 76% growth over 74 weeks with 12.7% maximum drawdown, while backtests demonstrate 2.22 profit factor with monthly performance ranging from +14.77% to -9.82%

• Primary Risks: Exclusive EURUSD optimization creates vulnerability to fundamental market shifts, and the neural network’s proprietary nature prevents users from understanding trade logic or anticipating system responses to unprecedented market events

Recommendations for Regal Spear EA MT4

• Trading Platform: MetaTrader 4 (MT4) only – no MT5 compatibility available

• Pairs: EURUSD exclusively – specifically optimized for this pair, performance on other currencies not guaranteed

• Supported Accounts: ECN and Standard accounts compatible – low-latency VPS recommended for optimal neural network execution

• Timeframe: M5 (5-minute) only – other timeframes not optimized or validated

• Trading Time: 24/5 automated operation with built-in end-of-month stop mechanism

• Leverage: 1:500 used in live demonstration – higher leverage significantly amplifies both potential profits and losses, requiring careful risk assessment

• Minimum Deposit: $200 minimum demonstrated, though $500+ recommended for improved risk distribution given the EA’s potential drawdown periods

Regal Spear EA MT4 Review

Regal Spear EA MT4 delivers automated trading with 89.5% win rate and 76% growth over 74 weeks, though monthly losses up to -9.82% require patience. The neural network approach eliminates emotional decisions while creating trade logic opacity. Suited for intermediate traders comfortable with “black box” systems and experienced in risk management. Consider starting with lower risk settings than the default 20% configuration.

Backtest Analysis (2019-2023):
• Performance: $60,554.50 profit from $1,000 with 2.22 profit factor, but maximum drawdown reached 21.43%
• Reliability: Multiple test variations show consistent profitability but varying drawdown levels
Important: Conflicting backtest data indicates different testing parameters affecting reported results

Live Trading Performance:

• Growth: 76% over 74 weeks with managed 12.7% maximum drawdown
• Efficiency: 89.5% profitable trades with 2.2% trading activity
• Volatility: Monthly returns fluctuate between +14.77% and -9.82%

Why Choose Regal Spear EA MT4

• Advanced Neural Network: Cutting-edge AI technology may provide superior market adaptation compared to traditional indicator-based systems, though proprietary algorithms remain unverifiable

• Proven Live Results: 76% growth over 74 weeks with controlled 12.7% drawdown demonstrates real-world effectiveness, but monthly volatility requires psychological preparation for losing periods

• Comprehensive Risk Management: Multiple money management modes, drawdown limits, and spread filtering provide robust protection, requiring proper configuration to prevent account damage

• EURUSD Specialization: Optimized for the world’s most liquid currency pair on ideal M5 timeframe, but narrow focus creates vulnerability to market regime changes

• Full Automation: Eliminates emotional trading and provides continuous market monitoring, though users must accept having no visibility into individual trade decisions

Conclusion

Regal Spear EA MT4 combines neural network innovation with demonstrated 76% live growth and 89.5% win rate, but requires acceptance of “black box” trading and monthly performance fluctuations. Best suited for intermediate traders prioritizing automation over trade transparency. Beginners should proceed cautiously due to complex risk parameters and potential for significant monthly losses.

Regal Spear EA MT4 Download Packages:

• Link download experts:
  • Regal Spear EA MT4.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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