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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.

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Seller price $297

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: $297

Submit source if you own this EAView on MQL5 ↗

Bandys RVI21.1

Developed byMATTHEW STAN WILLS7 EAs on record
View on MQL5 ↗
Not testedMean reversionMulti-currencyUS30MetaTrader 5

Seller claims

grid no · martingale no · SL no

EALegit summary — unaudited listing

Bandys RVI2 is a MetaTrader 5 expert advisor implementing Howard Bandy's 2-period Relative Vigor Index mean reversion strategy. It enters long when a fast RVI oscillator drops below a threshold (default -0.30) while price remains above an SMA trend filter, and exits when the oscillator returns to zero, with an optional disabled short side and optional scaling into deeper pullbacks. It is designed for liquid equity indices and ETFs such as US500, US100, SPY and QQQ on the daily timeframe, trading up to 10 symbols from one chart with fixed-lot, dollar-value or percent-of-balance sizing, a margin cap, and dashboard/alert features. No stop loss, grid, or martingale logic is described; exits are signal-based with optional take-profit and N-bar timeout settings that are off by default.

Lab results

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

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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
no

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
—
Strategy
Mean reversion
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.

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Independent inquiry

Forensic FAQ

Is Bandys RVI2 legit?

Unknown. EALegit has not audited Bandys RVI2. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Bandys RVI2?

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

Does Bandys RVI2 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.

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Independent verification

Hold this developer accountable

MATTHEW STAN WILLS 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