Red Eagle takes place in 1660, where Portugal, France and England are all trying to take over Spain. A masked man known as, Aguila Roja ("Red Eagle"), is the hero among people, a man who fights for justice, meets a beautiful blonde women, looking for the aid of Red Eagle. Angered and grieved by a random accident, Red Eagle decides to pull one last heroic deed. During all this, there is a summit going on between Spain, Portugal, France and England, during which something disastrous happens and it affects the whole city.