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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 Free

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: Free

Submit source if you own this EAView on MQL5 ↗

Fibo Trader FREE MT53.10

Developed byGrzegorz Korycki2 EAs on record · MQL5 rating 3
View on MQL5 ↗
Not testedGridMartingaleMulti-currencyMetaTrader 5

Seller claims

grid yes · martingale yes · SL yes

EALegit summary — unaudited listing

Fibo Trader FREE MT5 is a MetaTrader 5 expert advisor that trades oscillation patterns based on Fibonacci retracement levels using a dynamically created grid of positions. It can run fully automatically or via a manual graphical panel, includes filters such as moving average cross and channel/band filters, a trailing stop, and optional stop loss settings. The grid adds supportive positions up to a configurable maximum (2 in the FREE version), and an optional martingale factor can increase lot sizes, while a money-management factor adjusts the base lot. The seller advises disabling the EA around major economic events and does not specify particular symbols or timeframes, suggesting use across multiple pairs.

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
—
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 Trader FREE MT5 legit?

Unknown. EALegit has not audited Fibo Trader FREE MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Fibo Trader FREE MT5?

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

Does Fibo Trader FREE MT5 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

Grzegorz Korycki 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