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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 $1800

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: $1800

Submit source if you own this EAView on MQL5 ↗

Wavy Elliott1.0

Developed byChristian David Salgado Vargas2 EAs on record
View on MQL5 ↗
Not testedTrend followingBreakoutXAUUSDH4MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

Wavy Elliott is a MetaTrader expert advisor for Gold (XAUUSD) operating on the 4-hour timeframe, using multi-timeframe (Monthly to H4) market structure analysis based on Elliott Wave principles and Fibonacci retracement zones. Entries require candlestick confirmation on completed H4 bars rather than limit orders. Risk management includes equity-based lot sizing, stop-losses placed behind structural swing pivots with progressive trailing, drawdown circuit breakers that can halt trading, and a spread filter blocking execution during rollover hours. The seller states the system does not use grid or martingale techniques.

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
H4
Strategy
Trend following
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 Wavy Elliott legit?

Unknown. EALegit has not audited Wavy Elliott. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Wavy Elliott?

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

Does Wavy Elliott 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

Christian David Salgado Vargas 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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