Is Wave Rider EA MT5 legit?

Unknown. EALegit has not audited Wave Rider EA MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Wave Rider EA MT5?

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

Does Wave Rider EA MT5 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.

Submit source if you own this EA

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 EA View on MQL5 ↗

Wave Rider EA MT56.10

Developed byAdam Hrncir2 EAs on record · MQL5 rating 4.82

View on MQL5 ↗

Not testedXAUUSDH1 / M5 / M15 / M30MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Wave Rider EA MT5 is a MetaTrader 5 expert advisor for gold (XAUUSD) that combines scalper-style entries with multi-timeframe confirmation, using H1 trend analysis and M5/M15/M30 signals. It offers seven selectable entry strategies (support/resistance, pullback, breakout, bounce, volume-based, momentum, and impulse). Risk management is available in two modes: a default grid-style recovery mode with progressive spacing and preset recovery packages, or a single-position mode with fixed stop loss, take profit, and trailing stop. Drawdown limits and an all-time-high protection layer are also described.

Lab results

Canonical test windows — a slot shows a report only after the run finishes and passes checks.
2024.01.01 → 2026.09.01	failed — see provenance
2024.01.01 → 2025.01.01	failed — see provenance
2025.03.01 → 2025.07.01	failed — see provenance
2026.01.01 → 2026.07.01	failed — see provenance

Seller evidence vs lab result

No usable seller backtest on file. The seller listing does not publish a testable baseline (dates, settings and metrics together), so reproduction is blocked — not failed. Lab results above stand on their own.

Seller evidence is transcribed from dated sources and reviewed before publication. It never changes the performance score or the audit verdict.