Parameter risk scanner
Flags inferred from seller inputs and claimed settings. Not a code audit.
- Martingale
- yes
- Grid
- yes
- Hard stop loss
- yes
Unaudited seller listing — lab verdict pending
Untrusted tick modelThis 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.
Seller price $30
Curve replay
Backtest vs lab reality
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 ↗
Wave Pulse MT52.13
Not testedMartingaleGridM15 / H1MetaTrader 5
Seller claims
grid yes · martingale yes · SL yes
EALegit summary — unaudited listing
Wave Pulse MT5 is an expert advisor for MetaTrader 5 that combines price action analysis with a built-in indicator to generate buy and sell signals. It uses a martingale-style approach with configurable lot multipliers, position spacing (grid distance), partial closes, stop loss, take profit, and trailing stop settings. The seller recommends running it on M15 or H1 timeframes on ECN/raw spread accounts with hedging enabled and a minimum balance of $500.
Lab results
No lab results. The seller's backtest has not been reproduced.
Source audit
Source not audited. We have not seen this code.
Full audit reportVerified seal
Not tested yet — no seal.
Forensic deconstruction
Risk radar & heuristics
Heuristic confidence: low (seller materials only)
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
- —
- Timeframes
- M15 / H1
- Strategy
- Martingale
- 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.
Independent inquiry
Forensic FAQ
Is Wave Pulse MT5 legit?
Unknown. EALegit has not audited Wave Pulse MT5. A listing is not a verdict that it is legit.
Has EALegit independently reviewed Wave Pulse MT5?
Not yet. Listing is seller materials. The owner can submit source from For developers.
Does Wave Pulse 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
Mike Pascal Plavonil listed this EA. The owner can submit source if they want the lab to compile and replay it on real ticks.