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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 $49

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: $49

Submit source if you own this EAView on MQL5 ↗

Institutional Average True Range Risk Manager2.0

Developed byJean-jacques Alberto Frederico Smith1 EA on record
View on MQL5 ↗
Not testedUtility / semi-manualUS30MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

This is a MetaTrader utility rather than an autonomous trading EA. It works on any chart and uses ATR-based calculations with a tick-math engine to compute position size for a user-specified risk percentage and ATR-multiple stop loss distance, covering Forex, metals, indices, and CFDs. It normalizes the resulting lot size to broker volume limits, checks available margin via OrderCalcMargin and scales down if needed, and displays the derived metrics on an on-chart panel before manual execution.

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
—
Strategy
Utility / semi-manual
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 Institutional Average True Range Risk Manager legit?

Unknown. EALegit has not audited Institutional Average True Range Risk Manager. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Institutional Average True Range Risk Manager?

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

Does Institutional Average True Range Risk Manager 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

Jean-jacques Alberto Frederico Smith 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