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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 $399

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: $399

Submit source if you own this EAView on MQL5 ↗

Gold Alpha MT51.0

Developed byJoel Wilbert Msigwa2 EAs on record
View on MQL5 ↗
Not testedMean reversionXAUUSDH1 / M15MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Gold Alpha MT5 is a single-strategy expert advisor for MetaTrader 5 that trades XAUUSD (gold) using a liquidity sweep / swing failure pattern. It tracks the high and low of the last 24 H1 candles, waits for price to break an extreme and then close back inside the range, and enters in the opposite direction with 5 split positions. Each signal uses a fixed stop loss (100 points) and a large fixed take profit (5,000 points, roughly 1:50 reward-to-risk), with risk-based lot sizing scaled to balance. The seller states it uses no grid, martingale, averaging, or hedging logic, and notes the design implies a low win rate with long losing streaks and potentially large drawdowns.

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
XAUUSD
Timeframes
H1 / M15
Strategy
Mean reversion
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 Gold Alpha MT5 legit?

Unknown. EALegit has not audited Gold Alpha MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Gold Alpha MT5?

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

Does Gold Alpha MT5 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

Joel Wilbert Msigwa listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.

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