Regal Spear EA V1.1 M4: Your Perfect Trading Companion
The Regal Spear EA V1.1 is a powerful automated trading tool specifically designed for the M4 platform. Built for traders who want to maximize profits while minimizing manual intervention, this expert advisor offers a comprehensive solution for trading major forex pairs. With advanced algorithms and robust strategies, it is suitable for both beginners and professional traders. In this article, we’ll dive into its key features, including the minimum deposit, time frames, currency pairs, and trading strategy. We will also explain how this EA executes trades and why it’s a valuable tool in your trading arsenal.
- Platform: MetaTrader 4 (M4)
- Minimum Deposit: $200
- Time Frames: M15, H1
- Currency Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD
- Strategy Type: Scalping (Non-Martingale, Non-Hedging)
- Lot Size: Customizable (Based on risk management)
Key Features of Regal Spear EA V1.1
Minimum Deposit: $200
With a low minimum deposit requirement of $200, the Regal Spear EA V1.1 is accessible for traders with smaller account sizes. This makes it an attractive option for those starting their trading journey or looking to test new strategies without significant financial risk.
Time Frame: M15 and H1
The EA is optimized to run on M15 and H1 timeframes. These timeframes provide a balance between quick trade entries and exits while ensuring higher accuracy in market trend detection. The M15 timeframe allows for shorter trades, while H1 can be used for longer, more stable trades.
Supported Currency Pairs
This EA is highly versatile, capable of performing well on the following currency pairs:
- EURUSD
- GBPUSD
- USDJPY
- AUDUSD
- NZDUSD
These major pairs are highly liquid, making them ideal for the fast-paced trading strategies that the Regal Spear EA V1.1 employs.
Strategy Overview: Precision Scalping without Martingale or Hedging
The Regal Spear EA V1.1 is built on a scalping strategy, which means it focuses on making numerous small trades throughout the day, capturing small price movements in the market. Unlike many high-risk strategies, this EA does not use martingale or hedging, making it a safer choice for traders who want steady, consistent growth without exposing their accounts to large drawdowns.
How the EA Takes Trades
- Market Analysis: The EA continuously analyzes market conditions, focusing on momentum and short-term trends. This ensures that trades are opened in the direction of the prevailing market movement.
- Entry Signals: The EA uses a combination of technical indicators like Moving Averages, RSI, and Bollinger Bands to identify optimal entry points. Once these signals align, the EA opens a trade.
- Small Price Movements: As a scalper, the EA captures small price movements within a tight range. This allows for frequent trade opportunities, maximizing profit potential within short timeframes.
- Stop Loss & Take Profit: The EA sets tight stop losses to minimize risks while using dynamic take profit levels to lock in gains. These levels are adjusted based on real-time market volatility.
- Risk Management: You can customize lot sizes based on your risk tolerance. The EA includes a risk management system that adjusts position sizes depending on account balance and market conditions.
- Trade Exit: The EA exits trades once the predetermined take profit level is hit or when market conditions change, preventing further profits.
Why Choose the Regal Spear EA?
- Non-Martingale Strategy: Since the EA doesn’t use a martingale strategy, it avoids the high-risk practice of doubling trade sizes after losses, making it safer for long-term trading.
- Non-Hedging: The EA doesn’t rely on hedging, where opposite trades are placed to mitigate risk. Instead, it uses calculated precision to enter and exit trades profitably without locking capital into multiple positions.
- Scalping Expertise: Its scalping method allows you to take advantage of high-frequency, small-gain trades, which can accumulate into substantial profits over time.
- Real-Time Market Adjustments: The EA adjusts its parameters based on current market conditions, ensuring that trades are always in sync with real-time data, not outdated trends.
- User-Friendly: Whether you’re a beginner or an experienced trader, the Regal Spear EA is designed to be easy to set up and use, with clear instructions for installation and customization.
Recommended Settings
| Parameter | Value |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| Currency Pairs | EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD |
| Minimum Deposit | $200 |
| Time Frames | M15, H1 |
| Lot Size | 0.01 (customizable based on account size) |
Conclusion
The Regal Spear EA V1.1 is a precision scalping tool designed for traders who want to achieve consistent profits without using risky strategies like martingale or hedging. With its focus on smaller price movements, optimized time frames, and strong risk management features, this EA provides a balanced and safe trading experience.
To start using the Regal Spear EA V1.1, download it from our website at fxcracked.org. For further inquiries and support, contact us via Telegram at @fxcrackedadmin.
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