Parameter risk scanner
Flags inferred from seller inputs and claimed settings. Not a code audit.
- Martingale
- no
- Grid
- no
- Hard stop loss
- yes
Unaudited seller listing — lab verdict pending
Untrusted tick modelThis 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.
Curve replay
Execution engine locked
Real-tick replay has not run for this listing.
Claimed profit factor
— (marketing)
Real-tick PF
Pending
Seller price: $30
Submit source if you own this EAView on MQL5 ↗Seller claims
grid no · martingale no · SL yes
EALegit summary — unaudited listing
Algo News is a MetaTrader 5 expert advisor for trading scheduled high-impact economic news releases such as NFP, CPI, and FOMC decisions on Forex, Gold (XAUUSD), indices, and CFDs. Before each event it places simultaneous Buy Stop and Sell Stop pending orders at a configurable distance, letting the market trigger the direction, then cancels the opposite order after entry and removes untriggered orders after a timeout. Risk is managed via a fixed pip stop loss, optional take profit, fixed or percentage-risk-based lot sizing, trailing stop, and a maximum spread filter. The seller notes that the MT5 Strategy Tester cannot reliably simulate news conditions and recommends demo testing on low-spread ECN brokers.
Lab results
No lab results. The seller's backtest has not been reproduced.
Source audit
Source not audited. We have not seen this code.
Full audit reportVerified seal
Not tested yet — no seal.
Forensic deconstruction
Heuristic confidence: low (seller materials only)
Flags inferred from seller inputs and claimed settings. Not a code audit.
Independent lab file versus marketplace binary.
0 files
Closed binary / seller listing
Promotional claims are not lab results.
Seller backtest untrusted
Treat promotional curves as untested until we replay them.
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.
Independent inquiry
Unknown. EALegit has not audited Algo News. A listing is not a verdict that it is legit.
Not yet. Listing is seller materials. The owner can submit source from For developers.
Seller materials do not claim grid or martingale. Not audited — we have not confirmed the code.
No usable seller baseline is published and we have no lab replay. Treat the seller backtest as untested marketing.
Not tested
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Independent verification
Marek Skrabal listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.