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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 $259.99

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: $259.99

Submit source if you own this EAView on MQL5 ↗

Fibo Matrix1.0

Developed bySaiful Izham Bin Hassan76 EAs on record
View on MQL5 ↗
Not testedGridBreakoutMean reversionCONFIGURABLE CURRENCY PAIRSMetaTrader 5

Seller claims

grid yes · martingale yes · SL yes

EALegit summary — unaudited listing

FiboMatrix is a MetaTrader 5 expert advisor that identifies swing highs and lows to calculate Fibonacci retracement levels, validating entries with multi-timeframe trend alignment, RSI, ATR, and Bollinger Bands. It places pending orders in four selectable modes (limit/stop, follow/reverse), with an optional multi-entry grid and a loss recovery factor described as a controlled alternative to martingale. Risk management includes ATR-based stop losses, break-even locks, partial closes, daily loss and drawdown limits, a news filter via the MT5 economic calendar, volatility-adaptive lot sizing, and automatic closure of all positions before the weekend. Symbols are configurable by the user, with currency pairs indicated as the intended market.

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
yes
Grid
yes
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
CONFIGURABLE CURRENCY PAIRS
Timeframes
—
Strategy
Grid
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 Fibo Matrix legit?

Unknown. EALegit has not audited Fibo Matrix. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Fibo Matrix?

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

Does Fibo Matrix use grid or martingale?

Seller materials mention grid and 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

Saiful Izham Bin Hassan 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