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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 $1056

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: $1056

Submit source if you own this EAView on MQL5 ↗

MercatorLite1.2

Developed byYuriy Bykov5 EAs on record
View on MQL5 ↗
Not testedMulti-currencyEURUSD / GBPUSD / USDCAD / EURGBPD1MetaTrader 5

Seller claims

grid no · martingale no · SL no

EALegit summary — unaudited listing

MercatorLite is a MetaTrader expert advisor for major currency pairs built from EUR, GBP, USD, and CAD, trading one or two pairs at a time. Entries are generated by a combination of several strategies based on moving average indicators whose parameters adjust to market conditions, with a stated preference for high-volatility, non-trending periods. Risk is managed through position sizing parameters (depoPart, fixedBalance with auto or fixed lot calculation) rather than an explicitly described grid, martingale, or stop-loss mechanism. Users can select predefined sets of currency pairs with different numbers of strategies, with more strategies leading to smaller positions.

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
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
EURUSD, GBPUSD, USDCAD, EURGBP
Timeframes
D1
Strategy
Multi-currency
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 MercatorLite legit?

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

Has EALegit independently reviewed MercatorLite?

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

Does MercatorLite 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

Yuriy Bykov 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