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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 $499

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: $499

Submit source if you own this EAView on MQL5 ↗

Blue Shark Mt51.0

Developed byRiccardo Canu1 EA on record
View on MQL5 ↗
Not testedTrend followingEURUSDH4MetaTrader 5

Seller claims

grid no · martingale no · SL no

EALegit summary — unaudited listing

Blue Shark Mt5 is a fully automated MetaTrader 5 expert advisor for Forex that trades only EURUSD. It follows a trend-following approach: it identifies a trend, waits for a retracement, then enters and takes profits. It is timeframe-independent, collecting its own data from multiple charts, though H4 is recommended for chart viewing. Risk management includes an equity safety feature that stops opening new positions when drawdown exceeds 5%, and a conservative mode for balances below $1,500; the seller states no explicit stop loss or grid/martingale mechanism. Minimum suggested balance is $500 with leverage of 1:500 or higher, preferably on an ECN broker.

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
EURUSD
Timeframes
H4
Strategy
Trend following
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 Blue Shark Mt5 legit?

Unknown. EALegit has not audited Blue Shark Mt5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Blue Shark Mt5?

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

Does Blue Shark 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.

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Independent verification

Hold this developer accountable

Riccardo Canu 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