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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 $10

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: $10

Submit source if you own this EAView on MQL5 ↗

Simple Trade MT51.2

Developed byAlexander Nikolaev13 EAs on record
View on MQL5 ↗
Not testedTrend followingMean reversionMetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Simple Trade MT5 is a MetaTrader 5 expert advisor built on a combination of standard indicators (moving average, RSI, stochastic, and ATR) that generate entry signals when a configurable signal-strength threshold is met. It is designed for simplicity, with most parameters open to optimization, and can be configured for currency pairs on any timeframe. Risk is managed through fixed stop loss, take profit, an optional trailing stop, and optional percentage-based position sizing; the description does not mention grid or martingale logic. It also includes spread filtering, trading-hour restrictions, and an option to close opposite-direction deals before opening new ones.

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
—
Timeframes
—
Strategy
Trend following
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 Simple Trade MT5 legit?

Unknown. EALegit has not audited Simple Trade MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Simple Trade MT5?

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

Does Simple Trade 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

Alexander Nikolaev listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.

Submit source if you own this EADeveloper profile