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 $99

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: $99

Submit source if you own this EAView on MQL5 ↗

EventStrike News Straddle1.6

Developed byJoseph Andrew Steele1 EA on record
Not testedNews tradingBreakoutMetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

EventStrike News Straddle is a MetaTrader 5 expert advisor that places a stop-order straddle (buy stop and sell stop) before a selected high-impact economic-calendar event. The first side to fill cancels the other via OCO logic, and unfilled orders expire server-side after the event. Entry timing, stop distance, stop-loss, and reward:risk are configurable, with risk-based lot sizing capped by the prop firm's remaining daily drawdown budget; it refuses to arm if the firm restricts news trading or the budget is too thin. It uses the MT5 economic calendar for event selection and is not usable in the Strategy Tester.

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
no
Grid
no
Hard stop loss
yes

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
—
Timeframes
—
Strategy
News trading
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 EventStrike News Straddle legit?

Unknown. EALegit has not audited EventStrike News Straddle. A listing is not a verdict that it is legit.

Has EALegit independently reviewed EventStrike News Straddle?

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

Does EventStrike News Straddle 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

Joseph Andrew Steele listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.