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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 $47.99

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: $47.99

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Forex Wheel EA1.37

Developed byVictor Paul Hamilton3 EAs on record · MQL5 rating 5
View on MQL5 ↗
Not testedMulti-currencyUtility / semi-manualMULTIPLE CURRENCY PAIRS (USER-SELECTED, 1-20)MetaTrader 5

Seller claims

grid no · martingale no · SL no

EALegit summary — unaudited listing

Wheel of Forex is a semi-automated MetaTrader expert advisor that functions as a hybrid manual/automated system rather than a fully autonomous strategy. It randomly selects from uncorrelated currency pairs (1-20 simultaneously, broker permitting) via an interactive interface, and manages trades with fixed reward-to-risk thresholds (default 2.5:1) rather than entry signals. Risk management relies on position sizing discipline, profit/loss cutoffs, a bonus-trade feature, and an emergency kill switch that closes all trades. The seller states it does not work in backtests due to its adaptive, randomized logic, and provides a PDF manual plus on-chart controls; no grid, martingale, or stop-loss mechanics are explicitly 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
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
MULTIPLE CURRENCY PAIRS (USER-SELECTED, 1-20)
Timeframes
—
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 Forex Wheel EA legit?

Unknown. EALegit has not audited Forex Wheel EA. A listing is not a verdict that it is legit.

Has EALegit independently reviewed Forex Wheel EA?

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

Does Forex Wheel EA 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

Victor Paul Hamilton 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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