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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 $500

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: $500

Submit source if you own this EAView on MQL5 ↗

Waterline MT51.0

Developed bySergei Tsarev3 EAs on record
View on MQL5 ↗
Not testedMartingaleMulti-currencyAUDCAD / NZDCAD / AUDUSD / EURGBPM5 / M15MetaTrader 5

Seller claims

grid no · martingale yes · SL no

EALegit summary — unaudited listing

Waterline MT5 is a MetaTrader 5 expert advisor that uses two indicators plus pattern-based analysis to enter trades. It is marketed for 2-4 currency pairs such as AUDCAD, NZDCAD, AUDUSD, and EURGBP, with recommended timeframes of M5 to M15. The seller states martingale is included by default but can be disabled; no stop loss or grid behavior is described.

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
yes
Grid
no
Hard stop loss
no

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
AUDCAD, NZDCAD, AUDUSD, EURGBP
Timeframes
M5 / M15
Strategy
Martingale
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 Waterline MT5 legit?

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

Has EALegit independently reviewed Waterline MT5?

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

Does Waterline MT5 use grid or martingale?

Seller materials mention 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

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

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