Is New Wave MT5 legit?

Unknown. EALegit has not audited New Wave MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed New Wave MT5?

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

Does New Wave MT5 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.

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.

Submit source if you own this EA

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 EA View on MQL5 ↗

New Wave MT51.1

Developed bySergey Belov5 EAs on record

View on MQL5 ↗

Not testedGridEURUSDMetaTrader 5

Seller claims

grid yes · martingale no · SL no

EALegit summary — unaudited listing

New Wave MT5 is a MetaTrader 5 expert advisor for EURUSD that opens a series of orders in one direction with a TakeProfit set on each order and on the overall order grid, modifying TakeProfit when needed so trades close on the broker side. It supports fixed or balance-based dynamic lot sizing, a spread filter, a maximum order count per direction, a minimum distance between orders, and an optional trend filter. The EA requires a hedging-mode account, and the chart timeframe is irrelevant since the working timeframe is set in the inputs. No stop loss is described; risk is managed through lot sizing, order limits, and TakeProfit levels.

Lab results

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

Submit source if you own this EA