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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 $699

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: $699

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Goldwave Ultra EA5.7

Developed byShengzu Zhong2 EAs on record · MQL5 rating 4.14
View on MQL5 ↗
Not testedXAUUSDM1MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

GoldWave Ultra is a MetaTrader 4/5 Expert Advisor designed for XAUUSD (Gold). It attaches to the M1 chart for monitoring granularity, though it is not described as an M1 scalping system; entries use AI-assisted adaptive decision logic with real-time market and news filtering (via WebRequest) rather than fixed indicator triggers, and the EA is stated to trade selectively, staying inactive when conditions are unsuitable. The seller states it does not use grid, martingale, or averaging-down techniques, and each trade is managed independently under defined risk-control rules. Note that the developer says backtest results may not reflect live behavior because WebRequest-based functions are not fully supported in the Strategy Tester.

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

Limited copies

Seller documentation

Extracted from the MQL5 listing
Assets
XAUUSD
Timeframes
M1
Strategy
—
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 Goldwave Ultra EA legit?

Unknown. EALegit has not audited Goldwave Ultra EA. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Goldwave Ultra EA?

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

Does Goldwave Ultra EA 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

Shengzu Zhong 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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