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 $150

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: $150

Submit source if you own this EAView on MQL5 ↗

Golconda1.0

Developed byAlex Amuyunzu Raymond57 EAs on record
Not testedGridMartingaleHedgingGOLD (XAUUSD-STYLE INSTRUMENTS)MetaTrader 5

Seller claims

grid yes · martingale yes · SL yes

EALegit summary — unaudited listing

Golconda is a MetaTrader expert advisor for gold-style instruments that runs independent BUY and SELL grid/martingale baskets, each with its own entry logic, lot progression, profit targets, and drawdown safeguards. Initial entries come from a multi-timeframe signal engine gated by RSI and Bollinger Band hysteresis locks, and martingale additions can be filtered by ATR volatility, a market-condition module, and an eight-indicator voting system; a blocked first martingale step triggers a linked hedge position instead. Risk is managed in account-currency terms with layered distance/multiplier sets, hard lot and trade-count caps, drawdown pause and cut-loss thresholds, a virtual trailing mechanism, and optional pair-closing of newer winners against older losers. Entry hours and days can be restricted while open positions remain managed, and an on-chart panel exposes basket status with manual pause and close controls.

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
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
GOLD (XAUUSD-STYLE INSTRUMENTS)
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.

Independent inquiry

Forensic FAQ

Is Golconda legit?

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

Has EALegit independently reviewed Golconda?

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

Does Golconda 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.

Related EAs

View catalogue

Independent verification

Hold this developer accountable

Alex Amuyunzu Raymond listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.