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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 $299

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: $299

Submit source if you own this EAView on MQL5 ↗

Waterstrider GOLD306.222

Developed byHelgie Mogi4 EAs on record
View on MQL5 ↗
Not testedHedgingMean reversionXAUUSDD1MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Waterstrider GOLD is a MetaTrader expert advisor for the XAUUSD (gold) market. It uses a day trading approach with up to 4 positions of equal lot size (no martingale): entries are analyzed on the D1 timeframe and triggered on the H6 chart, with a maximum of one position opened per candle. If the market moves against the positions, the EA opens a partial hedge on the fourth position at 0.1x the total position size to protect equity, with that hedge using a 1000-pip stop loss. Maximum drawdown is stated as 50% by default and is adjustable via inputs.

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
D1
Strategy
Hedging
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 Waterstrider GOLD legit?

Unknown. EALegit has not audited Waterstrider GOLD. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Waterstrider GOLD?

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

Does Waterstrider GOLD 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

Helgie Mogi 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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