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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 $50

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: $50

Submit source if you own this EAView on MQL5 ↗

FTU Memphis1.0

Developed byJames Erasmus4 EAs on record
View on MQL5 ↗
Not testedTrend followingScalpingMulti-currencyUS30M5MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

FTU Memphis is a fully automated expert advisor that enters in the direction of existing trends rather than attempting to predict reversals. It uses single-position logic (no grid or martingale), with an ATR-based stop loss and profit target, an intelligent re-entry system aligned with the trend, and built-in exit protection combining retrace and timed exits. It is designed for low timeframes (M2-M5) and intraday trading across multiple instruments such as forex pairs and indices, with adjustable risk per trade, max lot protection, and a no-trade time filter to avoid news and volatile sessions.

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
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
US30
Timeframes
M5
Strategy
Trend following
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 FTU Memphis legit?

Unknown. EALegit has not audited FTU Memphis. A listing is not a verdict that it is legit.

Has EALegit independently reviewed FTU Memphis?

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

Does FTU Memphis 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

James Erasmus 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