Parameter risk scanner
Flags inferred from seller inputs and claimed settings. Not a code audit.
- Martingale
- no
- Grid
- yes
- Hard stop loss
- yes
Unaudited seller listing — lab verdict pending
Untrusted tick modelThis 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.
Seller price $39
Curve replay
Backtest vs lab reality
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: $39
Submit source if you own this EAView on MQL5 ↗
The Simple Grid Trader1.0
Not testedGridMetaTrader 5
Seller claims
grid yes · martingale no · SL yes
EALegit summary — unaudited listing
The Simple Grid Trader is a MetaTrader expert advisor that places a user-defined number of limit buy or buy stop orders evenly spaced across a specified price range, each with a take profit equal to the grid distance. The grid range, number of levels, lot size, and magic number are set via inputs, and an optional stop loss price closes all open positions if reached. The description does not specify particular symbols, markets, or timeframes.
Lab results
No lab results. The seller's backtest has not been reproduced.
Source audit
Source not audited. We have not seen this code.
Full audit reportVerified seal
Not tested yet — no seal.
Forensic deconstruction
Risk radar & heuristics
Heuristic confidence: low (seller materials only)
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
- Grid
- 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.
Independent inquiry
Forensic FAQ
Is The Simple Grid Trader legit?
Unknown. EALegit has not audited The Simple Grid Trader. A listing is not a verdict that it is legit.
Has EALegit independently reviewed The Simple Grid Trader?
Not yet. Listing is seller materials. The owner can submit source from For developers.
Does The Simple Grid Trader use grid or martingale?
Seller materials mention grid. 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
Pei Hoon Ng listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.