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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 $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 ↗

Midas Grid EA3.82

Developed byNoel Anjao Alube52 EAs on record
View on MQL5 ↗
Not testedGridTrend followingXAUUSDH4 / M1MetaTrader 5

Seller claims

grid yes · martingale no · SL yes

EALegit summary — unaudited listing

Midas Grid EA is a MetaTrader 5 expert advisor for XAUUSD (Gold) that uses a grid-based cost-averaging approach. Entries require confirmation from three filters: an EMA crossover for trend bias, an ATR volatility gate, and a Bollinger Band exhaustion check. Grid spacing is recalculated each cycle from H4 ATR, each grid level has its own take profit, and lot sizing uses a capped mild multiplier scaled from account equity across three preset risk profiles. Risk management includes a cycle-level drawdown kill switch, an account-level hard stop, automatic Friday close with Monday resume, and a December-January holiday pause; it runs on the M1 timeframe and works on hedging and netting accounts.

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
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
XAUUSD
Timeframes
H4 / M1
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.

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Independent inquiry

Forensic FAQ

Is Midas Grid EA legit?

Unknown. EALegit has not audited Midas Grid EA. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Midas Grid EA?

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

Does Midas Grid EA use grid or martingale?

Seller materials mention grid. 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

Noel Anjao Alube 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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