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.

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

Submit source if you own this EA View on MQL5 ↗

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.

Source audit

Source not audited. We have not seen this code.

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