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.
Seller price Free
Curve replay
Backtest vs lab reality
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 ↗
Bollinger Bandit1.0
Not testedUSDJPYM1 / D1MetaTrader 5
Seller claims
grid no · martingale no · SL yes
EALegit summary — unaudited listing
Bollinger Bandit is a free MetaTrader expert advisor that generates trading signals using Bollinger Bands and is intended for trending pairs, especially USDJPY. It operates on timeframes from M1 up to D1 (seller also mentions H6), on hedging or ECN accounts with a recommended minimum deposit of $100. Risk is managed via adjustable percentage-based settings and a trailing stop loss; no grid or martingale is mentioned. Additional features include a customizable time filter and persistent data storage via global variables.
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
Risk radar & heuristics
Heuristic confidence: low (seller materials only)
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
- USDJPY
- Timeframes
- M1 / D1
- Strategy
- —
- Platform
- MetaTrader 5
Reviews
No reviews yet.
Not tested. Lab, audit, live tracking and verified reviews stay empty until we run this EA.
Independent inquiry
Forensic FAQ
Is Bollinger Bandit legit?
Unknown. EALegit has not audited Bollinger Bandit. A listing is not a verdict that it is legit.
Has EALegit independently reviewed Bollinger Bandit?
Not yet. Listing is seller materials. The owner can submit source from For developers.
Does Bollinger Bandit 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
Andre Philipp Hollenbach listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.