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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 $30

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: $30

Submit source if you own this EAView on MQL5 ↗

Midas Gold Weaver EA MT51.1

Developed byMarco Engstermann3 EAs on record
View on MQL5 ↗
Not testedGridMartingaleTrend followingXAUUSDM15MetaTrader 5

Seller claims

grid yes · martingale yes · SL yes

EALegit summary — unaudited listing

Midas Gold Weaver EA MT5 is a MetaTrader 5 expert advisor for gold symbols such as XAUUSD, operating on a recommended M15 timeframe. It uses a multi-timeframe moving-average trend check for the first entry, then adds layered positions in the same direction when price moves against the basket by a set distance that can grow, optionally with a lot multiplier and a simultaneous hedge basket in the opposite direction. Exits use real or virtual stop loss, take profit, and trailing levels, with drawdown-reduction pair closes, a news filter, session and spread guards, and account drawdown halts. Recommended setup includes a hedging account and a minimum deposit of 100 USD (10,000 cents).

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
yes
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
M15
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 Midas Gold Weaver EA MT5 legit?

Unknown. EALegit has not audited Midas Gold Weaver EA MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Midas Gold Weaver EA MT5?

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

Does Midas Gold Weaver EA MT5 use grid or martingale?

Seller materials mention grid and 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

Marco Engstermann 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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