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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 $949

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: $949

Submit source if you own this EAView on MQL5 ↗

The Forex Exchanger MT51.44

Developed byFabio Cavalloni3 EAs on record · MQL5 rating 5
View on MQL5 ↗
Not testedGridMulti-currencyMean reversionEURUSD / GBPUSDMetaTrader 5

Seller claims

grid yes · martingale no · SL yes

EALegit summary — unaudited listing

The Forex Exchanger MT5 is a MetaTrader 5 expert advisor that trades forex, by default all 28 major and minor currency pairs, with configurable custom symbol lists. It opens trades based on an overbought/oversold-style signal filtered across multiple timeframes and manages positions as baskets, adding trades to existing baskets according to configurable grid entry rules and sensitivity settings. Take-profit levels are automatically adjusted relative to average basket price, with per-symbol overrides. Risk management includes an optional hard stop loss that closes all trades when total floating loss reaches a set percentage of balance/equity, plus thresholds that cap the number of trades per currency and can force-close baskets instead of opening additional trades; there is no explicit martingale lot-increasing mechanism described.

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
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
EURUSD, GBPUSD
Timeframes
—
Strategy
Grid
Platform
MetaTrader 5

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 The Forex Exchanger MT5 legit?

Unknown. EALegit has not audited The Forex Exchanger MT5. A listing is not a verdict that it is legit.

Has EALegit independently reviewed The Forex Exchanger MT5?

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

Does The Forex Exchanger MT5 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

Fabio Cavalloni 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