Is Iplanet Trader System MT5 legit?

Unknown. EALegit has not audited Iplanet Trader System MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Iplanet Trader System MT5?

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

Does Iplanet Trader System 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.

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 $899

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: $899

Submit source if you own this EA View on MQL5 ↗

Iplanet Trader System MT53.30

Developed byEduardo Pires Pereira4 EAs on record

View on MQL5 ↗

Not testedScalpingTrend followingMulti-currencyEURUSD / GBPUSDM1 / M5 / M15 / H1MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Iplanet Trader System MT5 is a fully automated multi-market Expert Advisor for MetaTrader 5 that can be attached to any symbol the broker offers, including forex majors and minors, metals, and indices. It offers four selectable trading modes (Scalper, Daytrade, Swing, Extreme) with timeframe suggestions per mode, and entries are generated by a confluence score combining market structure, momentum (MACD, Stochastic, RSI), and trend indicators (EMAs, Bollinger Bands, ATR), with weights periodically re-evaluated. Risk management includes per-trade risk-based position sizing, stop-loss and take-profit presets, breakeven, partial closes, four selectable trailing-stop algorithms (ATR, structure, time, classic), a daily loss limit, and consecutive-loss pause; no grid or martingale logic is described. The EA also validates orders against broker stop-distance, freeze, margin, and volume constraints and includes a full on-chart control panel.

Lab results

No lab results. The seller's backtest has not been reproduced.

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