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.

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 EA View 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.

Source audit

Source not audited. We have not seen this code.

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