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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 $179

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: $179

Submit source if you own this EAView on MQL5 ↗

News Day Trader1.7

Developed byAroen Mughal2 EAs on record
View on MQL5 ↗
Not testedNews tradingBreakoutTrend followingUSDJPY / GBPUSDM5MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

A MetaTrader 5 expert advisor that trades around high and/or medium impact economic news releases using one of four selectable strategies: a straddle with pending buy/sell stop orders before the release, a trend-filtered order before the release, a post-release reversal entry, and a standalone reversal-reaction entry based on a higher timeframe inverse signal indicator. It can use the MT5 built-in calendar or a Forex Factory calendar, supports backtesting via a CSV news file, and exits via take profit and an optional ATR-based trailing stop. Every trade uses a stop loss, with optional maximum equity drawdown protection, and the seller states it does not use grid, hedging, or martingale recovery methods. It runs on the M5 timeframe on any currency pair containing EUR, USD, GBP, CHF, AUD, NZD, JPY, or CNY, with recommended optimized set files for USDJPY and GBPUSD and a low-spread ECN 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
USDJPY, GBPUSD
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 Day Trader legit?

Unknown. EALegit has not audited News Day Trader. A listing is not a verdict that it is legit.

Has EALegit independently reviewed News Day Trader?

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

Does News Day Trader 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

Aroen Mughal 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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