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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 $2800

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: $2800

Submit source if you own this EAView on MQL5 ↗

News Catcher Pro MT54.38

Developed byValeriia Mishchenko6 EAs on record · MQL5 rating 4.73
View on MQL5 ↗
Not testedNews tradingMean reversionMulti-currencyGBPUSD / EURUSD / EURGBPM5MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

News Catcher Pro MT5 is a MetaTrader 5 expert advisor that trades a mean-reversion strategy around high-impact news events, entering shortly before scheduled releases using intraday seasonal volatility patterns. It supports GBPUSD, EURUSD, and EURGBP from a single M5 chart and relies on an advanced news filter with automatic GMT detection. Entries are based on a price channel with a daily ATR indicator, and exits use volatility-based take profit and stop loss levels in %ATR, with a hidden SL option. Risk controls include multiple lot-sizing methods, maximum spread and slippage limits, floating drawdown cutoffs, free-margin checks, and hedged multi-directional positions on a hedging account.

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
GBPUSD, EURUSD, EURGBP
Timeframes
M5
Strategy
News trading
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 News Catcher Pro MT5 legit?

Unknown. EALegit has not audited News Catcher Pro MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed News Catcher Pro MT5?

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

Does News Catcher Pro 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.

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Independent verification

Hold this developer accountable

Valeriia Mishchenko 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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