EA Legit

Unaudited seller listing — lab verdict pending

Untrusted tick model

This listing is built from seller materials. Lab replay not yet executed. Lab, audit, live tracking and verified reviews stay empty until we compile and run real-tick replay.

Submit source if you own this EA
Seller price Free

Curve replay

Backtest vs lab reality

Zero corroboration
Seller marketing curve (claimed)Lab replay not run

Execution engine locked

Real-tick replay has not run for this listing.

Claimed profit factor

— (marketing)

Real-tick PF

Pending

Seller price: Free

Submit source if you own this EAView on MQL5 ↗

Algo Edge Floating Term EA MT51.0

Developed byNiklas Templin14 EAs on record · MQL5 rating 4.67
View on MQL5 ↗
Not testedBreakoutUtility / semi-manualUS30M1 / M30 / H1MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Algo Edge Floating Term EA MT5 is an expert advisor for MetaTrader 5 designed for index CFDs such as DE40, US30, Tec100 and US500, and is stated to work on other indices without changes. It enters trades only during a short user-defined worktime window (e.g., a few minutes around a specific time, adjusted per market) and is recommended mainly on the M1 timeframe, with M30 and H1 described as medium and low risk options. Risk management includes an initial stop loss placed at the last candle's wick low, a breakeven function, trailing options, and volume-based lot sizing per $1000 of account balance; the user is advised to close trades manually once a profit target is reached. No grid or martingale mechanics are mentioned.

Lab results

No lab results. The seller's backtest has not been reproduced.

Submit source if you own this EA

Source audit

Source not audited. We have not seen this code.

Full audit report

Verified seal

Not tested yet — no seal.

Forensic deconstruction

Risk radar & heuristics

Heuristic confidence: low (seller materials only)

Parameter risk scanner

Flags inferred from seller inputs and claimed settings. Not a code audit.

Martingale
no
Grid
no
Hard stop loss
yes

Transparency index

Independent lab file versus marketplace binary.

0 files

Closed binary / seller listing

Marketing integrity

Promotional claims are not lab results.

Seller backtest untrusted

Treat promotional curves as untested until we replay them.

Seller documentation

Extracted from the MQL5 listing
Assets
US30
Timeframes
M1 / M30 / H1
Strategy
Breakout
Platform
MetaTrader 5

Screenshots

Seller-published images, stored as captured. Not EALegit test output.

Reviews

No reviews yet.

Not tested. Lab, audit, live tracking and verified reviews stay empty until we run this EA.

Submit source if you own this EA

Independent inquiry

Forensic FAQ

Is Algo Edge Floating Term EA MT5 legit?

Unknown. EALegit has not audited Algo Edge Floating Term EA MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Algo Edge Floating Term EA MT5?

Not yet. Listing is seller materials. The owner can submit source from For developers.

Does Algo Edge Floating Term EA MT5 use grid or martingale?

Seller materials do not claim grid or martingale. Not audited — we have not confirmed the code.

Can I trust the seller backtest?

No usable seller baseline is published and we have no lab replay. Treat the seller backtest as untested marketing.

Related EAs

View catalogue

Independent verification

Hold this developer accountable

Niklas Templin listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.

Submit source if you own this EADeveloper profile