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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 $399

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: $399

Submit source if you own this EAView on MQL5 ↗

Smart Algo EA1.0

Developed byDevendra Kumar Panchal1 EA on record
View on MQL5 ↗
Not testedBreakoutXAUUSDM5MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Smart Algo EA is a fully automated MetaTrader 5 expert advisor for level-based breakout trading, designed primarily for XAUUSD on an internal M5 analysis timeframe. It identifies price levels and places pending Buy Stop and Sell Stop orders, then manages open positions with break-even protection, a dynamic price-based trailing stop, and a take-profit level. Position size is determined by predefined account-equity levels rather than fixed lots, with free-margin checks, broker volume-limit checks, an internal spread protection mechanism, and a configurable time filter. The EA requires a low-spread raw ECN or zero-spread hedging account and a VPS for continuous operation; core strategy parameters are not user-editable.

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
XAUUSD
Timeframes
M5
Strategy
Breakout
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 Smart Algo EA legit?

Unknown. EALegit has not audited Smart Algo EA. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Smart Algo EA?

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

Does Smart Algo EA 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

Devendra Kumar Panchal 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