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.

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 EA View 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.

Source audit

Source not audited. We have not seen this code.

Submit source if you own this EA