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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 $2000

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: $2000

Submit source if you own this EAView on MQL5 ↗

Monarch Golden Sparrow5.0

Developed byGhayas Ul Haque Malik3 EAs on record
View on MQL5 ↗
Not testedGridXAUUSDMetaTrader 5

Seller claims

grid yes · martingale no · SL no

EALegit summary — unaudited listing

Monarch Golden Sparrow is a MetaTrader 5 expert advisor designed exclusively for XAUUSD (Gold). It uses a grid-based recovery approach: it identifies exhaustion points in Gold's swings and opens positions to build a basket, closing all trades once a basket profit target is reached. Grid spacing adapts to daily ATR, entry frequency slows when free equity is low, and targets are kept as hidden internal levels. The seller recommends a 0.01 starting lot and requires no explicit stop loss, relying instead on the recovery cycle and margin management.

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
no

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
—
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 Monarch Golden Sparrow legit?

Unknown. EALegit has not audited Monarch Golden Sparrow. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Monarch Golden Sparrow?

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

Does Monarch Golden Sparrow 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

Ghayas Ul Haque Malik 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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