Is Folks Hedgefunds EA legit?

Unknown. EALegit has not audited Folks Hedgefunds EA. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Folks Hedgefunds EA?

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

Does Folks Hedgefunds EA 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.

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 $200

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: $200

Submit source if you own this EA View on MQL5 ↗

Folks Hedgefunds EA1.0

Developed byManpreet Singh4 EAs on record

View on MQL5 ↗

Not testedGridMartingaleMulti-currencyAUDCAD / NZDCADM15 / M1 / M5MetaTrader 5

Seller claims

grid yes · martingale yes · SL no

EALegit summary — unaudited listing

Folks Hedgefunds EA is a MetaTrader expert advisor that trades two currency pairs simultaneously (AUDCAD and NZDCAD) from a single chart attachment, recommended on the M15 timeframe with adjustable signal coefficients for M1/M5. It offers three strategy modes: aggressive (default) and intermediate modes use a grid system with configurable pip gaps, while conservative mode disables the grid. Position sizing uses a lot multiplication factor that increases lot sizes after a set number of trades, and a forced-close function can close all open trades when global profit reaches a defined threshold. Risk is managed through profit targets in pips or money, a forced-close trade-count trigger, and optional time/weekday filters; no explicit stop loss is described.

Source audit

Source not audited. We have not seen this code.

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