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 $70

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: $70

Submit source if you own this EAView on MQL5 ↗

Encrypter 4 EA1.0

Developed byLuis Enrique Ricales8 EAs on record
Not testedMartingaleTrend followingEURUSDH1MetaTrader 5

Seller claims

grid no · martingale yes · SL no

EALegit summary — unaudited listing

Encrypter 4 EA is a MetaTrader expert advisor that generates entry signals from MACD logic, including crossovers and signal reversals, with configurable fast, slow, and signal periods. It manages positions with an initial lot size, a position increase ratio for martingale-style scaling, a minimum step between positions, and caps on per-position and total volume, closing trades toward a pip-based profit target. The seller's backtest example uses EURUSD on H1, and the EA includes logging, email/push notifications, and a magic number filter. No explicit stop-loss mechanism is described; risk is limited through volume caps and profit targets.

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 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
yes
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
H1
Strategy
Martingale
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.

Independent inquiry

Forensic FAQ

Is Encrypter 4 EA legit?

Unknown. EALegit has not audited Encrypter 4 EA. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Encrypter 4 EA?

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

Does Encrypter 4 EA use grid or martingale?

Seller materials mention 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

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Independent verification

Hold this developer accountable

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