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Product Published or Updated on October 3, 2024

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Description

Regal Spear: Fully Automatic Trading Robot for MetaTrader 4

Experience the future of automated trading with Regal Spear, a fully automatic trading robot designed for the MetaTrader 4 platform. Born out of years of meticulous market analysis and advanced neural network development, Regal Spear offers traders an unparalleled edge in the forex market. By harnessing cutting-edge technology, this Expert Advisor (EA) autonomously identifies optimal trading opportunities, allowing you to “set and forget” while it operates seamlessly in the background.

Whether you’re a seasoned trader or just starting your journey in forex trading, Regal Spear is engineered to simplify your trading experience. It eliminates the emotional pitfalls of manual trading, such as fear and greed, by executing trades based on data-driven algorithms. With Regal Spear, you can diversify your trading strategy, manage risks effectively, and potentially increase your profitability without dedicating countless hours to market analysis.

Introducing the Regal Spear EA: A Revolutionary Trading Solution

The Regal Spear EA is not just another trading robot; it’s the culmination of extensive research into market behaviors and patterns. Utilizing a unique neural network template, Regal Spear adapts to various market conditions, delivering ready-made trading strategies without the need for constant user intervention. Unlike traditional EAs, it doesn’t rely on risky techniques like martingale, grid, or arbitrage. Instead, it employs sophisticated algorithms to analyze market data and execute trades with precision.

Developed by a team of experienced traders and programmers, Regal Spear embodies a new era of automated trading. Its intelligent design means that it can detect subtle market shifts and respond accordingly, ensuring that you stay ahead of market trends. The EA’s robust architecture provides stability and reliability, making it a trustworthy tool in the fast-paced world of forex trading.

Cutting-Edge Neural Network Technology

At the heart of Regal Spear lies an advanced neural network that mimics human decision-making processes. This technology enables the EA to evaluate vast amounts of market data in real-time, identifying profitable trading opportunities that might be missed by conventional indicators. The neural network continuously learns and adapts, ensuring that Regal Spear remains effective even as market dynamics change.

The adaptive learning capabilities of Regal Spear’s neural network mean that it doesn’t become obsolete over time. As the forex market evolves, so does the EA’s strategy, fine-tuning its parameters to align with current market conditions. This continuous optimization helps maintain high levels of performance, making it a valuable asset for traders looking for long-term success.

Comprehensive Risk Management

Risk management is a crucial aspect of successful trading, and Regal Spear excels in this area. The EA features customizable settings that allow you to define parameters such as maximum drawdown, lot sizes, and risk percentages. With options like AutoLot and SafeTrades, you can tailor the EA’s risk profile to match your trading preferences, ensuring a balance between profitability and safety.

By providing you with control over key risk factors, Regal Spear empowers you to trade with confidence. Whether you prefer conservative trading with minimal risk or a more aggressive approach for higher returns, the EA’s flexible settings accommodate your needs. The built-in risk management tools help protect your capital, which is essential for sustained trading success.

Key Features of the Regal Spear EA

Regal Spear is packed with features designed to enhance your trading experience:

  • Fully Automated Trading: No manual intervention required; the EA handles all trading decisions.
  • Set and Forget System: Once set up, Regal Spear operates autonomously, allowing you to focus on other activities.
  • Non-Martingale Strategy: Avoids risky strategies like martingale, grid, or arbitrage for safer trading.
  • Advanced Neural Network: Continuously learns and adapts to market conditions.
  • Customizable Parameters: Adjust settings to suit your risk tolerance and trading style.
  • Risk Management Tools: Features like maximum drawdown and safe trades help protect your investment.
  • Information Panel: Displays real-time data and performance metrics directly on the chart.

Additionally, Regal Spear offers a user-friendly interface that makes it easy to monitor performance and adjust settings. The EA provides detailed reports and analytics, giving you insight into its trading activities. This transparency ensures that you are always informed about how the EA is managing your trades.

Optimized for EURUSD on M5 Timeframe

The Regal Spear EA is specifically optimized for trading the EURUSD currency pair on the M5 timeframe. This focus allows the EA to capitalize on the liquidity and volatility of one of the forex market’s most popular pairs. Whether you’re a beginner or an experienced trader, Regal Spear provides consistent performance in this trading environment.

By concentrating on the EURUSD pair, the EA leverages the predictable patterns and high trading volumes associated with this currency combination. The M5 timeframe strikes a balance between capturing short-term price movements and minimizing exposure to market noise, enhancing the EA’s effectiveness.

Broker and Deposit Recommendations

For optimal results, it’s recommended to use a broker with tight spreads and fast order execution. Regal Spear requires a minimum deposit of just $100, making it accessible for traders with varying account sizes. The EA is compatible with any broker that supports the MetaTrader 4 platform.

Selecting a reliable broker ensures that the EA can execute trades promptly and efficiently. Delays or high spreads can impact the performance of any trading system, so partnering with a reputable broker is essential. Regal Spear’s low minimum deposit requirement allows you to start trading without a significant upfront investment.

Simple Setup and Customizable Parameters

Setting up the Regal Spear EA is straightforward. Attach it to your EURUSD M5 chart in MetaTrader 4, configure your preferred settings, and let the EA handle the rest. Key parameters include:

  • AutoLot: Enable automatic lot sizing based on account balance.
  • Risk: Define the percentage of your deposit to use per trade.
  • DD (Drawdown): Set the maximum allowable drawdown percentage.
  • SafeTrades: Opt for safer market entry points.
  • TakeProfit and StopLoss: Configure visible or invisible levels for your broker.
  • TrailingStop: Implement dynamic stop-loss adjustments.
  • OrdersMaxNumber: Limit the number of simultaneous open positions.

These customizable settings allow you to fine-tune the EA’s behavior to align with your trading strategy. Whether you want to prioritize safety or aim for higher returns, Regal Spear provides the flexibility to adjust its operation accordingly.

Advanced Trading Settings

For traders who wish to delve deeper into the EA’s capabilities, Regal Spear offers advanced settings:

  • PendingOrders: Choose to use pending orders when conditions are favorable.
  • ZeroPositions: Configure the EA to open new positions only when no other trades are active.
  • MaxSpread and VirtualSpread: Control trading activity based on spread values.
  • Direction: Specify allowed order types (buy/sell).
  • Lasting of Positions: Set the maximum duration for holding open positions.
  • WaitForProfit: Enable the EA to wait for trades to become profitable regardless of position duration.
  • EndOfMonthStop: Stop trading during the end and beginning of the month to avoid volatility.

These advanced options provide you with greater control over the EA’s trading logic. By adjusting these parameters, you can optimize the EA’s performance under different market conditions and tailor it to your specific trading objectives.

Regal Spear EA: Technical Specifications

Feature Details
Platform Compatibility MetaTrader 4
Currency Pair EURUSD
Timeframe M5
Minimum Deposit $100
Trading Strategy Advanced Neural Network Algorithm
Risk Management Customizable Settings (AutoLot, Risk Percentage, DD)
Trade Types Non-Martingale, Non-Grid, Non-Arbitrage
Information Panel Real-Time Data Display (Customizable Language and Text Color)
Order Execution Market Orders with Option for Pending Orders
Additional Features TrailingStop, TakeProfit, StopLoss, VirtualSpread
Unique Identifiers EAidentifier, CommentOfOrder

Screenshot of the trading software interface

Chart displaying performance metrics

Settings menu in MetaTrader 4 platform

Performance graph of the trading EA

Important Links Details
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Contact Us TELEGRAM SUPPORT

Brand

EA MT4

Refund

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3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.

4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.

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Install

The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).

This is the easiest type of installation for Expert Advisors.

This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.

Copy the EA folder content from your product to the EA folder of your MT4 installation.

 

Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.

Responsability

Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently. Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations. Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market. A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account. Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information. We appreciate your choice in Tradingview.video Thank you.

1 review for REGAL SPEAR EA

  1. admin (store manager)

    Great EA, recommended

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