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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 $100

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: $100

Submit source if you own this EAView on MQL5 ↗

Golden Monarch EA2.87

Developed byJohn Samuel Ifegwu6 EAs on record · MQL5 rating 5
View on MQL5 ↗
Not testedGridScalpingXAUUSDM5MetaTrader 5

Seller claims

grid yes · martingale no · SL no

EALegit summary — unaudited listing

Golden Monarch EA is a MetaTrader expert advisor for trading gold (XAUUSD) on the M5 timeframe, optimized for 2-decimal gold quotes. It attaches to a single XAUUSD M5 chart and uses precision entries with adaptive trade logic, offering an optional scalping mode and an Asian session mode for additional trades. The EA employs a grid structure (the grid level is reduced to 2 when scalping is enabled) and manages risk with breakeven and trailing stop features; lot sizing can be fixed or scaled to account equity. It requires a minimum balance of 500 USD with leverage of at least 1:100.

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
yes
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
XAUUSD
Timeframes
M5
Strategy
Grid
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 Golden Monarch EA legit?

Unknown. EALegit has not audited Golden Monarch EA. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Golden Monarch EA?

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

Does Golden Monarch EA use grid or martingale?

Seller materials mention grid. 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

John Samuel Ifegwu 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