Sorry, Gost, I don't know of a Pick 5 wheel. We don't have that game where I play. Although, Powerball Wheels should work, or wheels designed for any other 5 number game.
How a compressed wheel works is to include all or most of certain groups of numbers. For example, you could make all the pairs that exist in your group of picked numbers and then include each pair with 3 other digits to make a 5 digit combination. This would give you a guarantee of a 3 number prize, or possibly a 95% guarantee of a 3 number prize, depending on the total number of combinations, as each 5 digit combination has 10 unique combinations of 3 digits, 5 unique combinations of 4 digits and 1 unique combination of 5 digits. The skill in building the wheel is to maximize the number of unique combinations while minimizing the total number of lines to play.
Generally, how you play a wheel is like a simple code -- you assign one of your picked digits to one of the places in the wheel, for example you pick 1,2,5,6,7,19,23,24,27,29 for a 10 digit wheel. You then assign one of those digits to each of the wheel digits or letters A=1,B=2, C=5, D=6, E=7, F=19, G=23, H=24, I=27, J=29. Then transform the wheel combinations into your digits. So A E F G J would become 1 7 19 23 29.
Hope that makes sense.
Good luck!