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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 $699

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: $699

Submit source if you own this EAView on MQL5 ↗

IPlanet Trader Gold Edition MT51.0

Developed byEduardo Pires Pereira4 EAs on record
View on MQL5 ↗
Not testedScalpingTrend followingXAUUSDM1 / H1 / M5 / M15MetaTrader 5

Seller claims

grid no · martingale no · SL yes

EALegit summary — unaudited listing

IPlanet Trader Gold Edition MT5 is a fully automated Expert Advisor built exclusively for Gold (XAUUSD, including broker-suffixed variants). It offers four selectable trading modes (Scalper, Daytrade, Swing, Extreme) with dedicated stop-loss/take-profit presets, and enters via a confluence score combining price action, momentum indicators (MACD, Stochastic, RSI) and trend indicators (EMAs, Bollinger Bands, ATR). Risk management includes adaptive position sizing from balance and stop distance, percent-based risk, drawdown-based risk reduction, breakeven, partial closes, four trailing-stop algorithms, and protective filters such as spread and daily-loss limits. It uses stop losses on trades and contains no grid or martingale logic; timeframe is flexible since it reads multiple timeframes internally.

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
M1 / H1 / M5 / M15
Strategy
Scalping
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 IPlanet Trader Gold Edition MT5 legit?

Unknown. EALegit has not audited IPlanet Trader Gold Edition MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed IPlanet Trader Gold Edition MT5?

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

Does IPlanet Trader Gold Edition 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.

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Independent verification

Hold this developer accountable

Eduardo Pires Pereira 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