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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 $39

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: $39

Submit source if you own this EAView on MQL5 ↗

GoldEMA124.0

Developed bySylvester Marfo1 EA on record
View on MQL5 ↗
Not testedTrend followingMartingaleGOLD / FOREX / INDICES / CRYPTOCURRENCIESH4MetaTrader 5

Seller claims

grid no · martingale yes · SL yes

EALegit summary — unaudited listing

GoldEMA12 (also referred to as EMA11/EMA11 EA) is an automated expert advisor for MetaTrader 5 that follows trend-based logic using EMA analysis, higher-timeframe (H4) market condition checks with ADX, volume confirmation, and key-level and news filters. It is described as designed for Deriv accounts and applicable to Forex, Gold, Indices, and Cryptocurrency symbols, with adjustable stop loss, take profit, break-even, and trailing stop settings. Entries are taken automatically when its criteria are met, and it can add positions at defined levels. Risk management includes daily loss and trade limits, drawdown/equity protection, session timers, maximum spread filtering, and an optional recovery mode that increases lot sizes after consecutive losses, with a deeper escalation multiplier.

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
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
GOLD, FOREX, INDICES, CRYPTOCURRENCIES
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 GoldEMA12 legit?

Unknown. EALegit has not audited GoldEMA12. A listing is not a verdict that it is legit.

Has EALegit independently reviewed GoldEMA12?

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

Does GoldEMA12 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

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

Submit source if you own this EADeveloper profile