Profitable EA Life Changer EA Full Version
- Thread starter Sharon
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By default yes it is a martingale EA but you can simply switch it off by changing the mulitplier value to 1.0, it's that simple.
Do feel free to test your settings and see which suit you the best, and feel free to share your results and your experience with us all as you wish to. As for the lot multiplier, some prefer to leave it as it is default at 1.11 or even increase it if they wish to but that of course would increase the risks of blowing account when the market is trending strongly against you. Some just simply turn off the martingale by using multiplier value of 1.0, in the end of the day it's all about what you think is the best for your trading in terms of risks vs profits. All the best, take care and God bless.
Just one small personal comment if you don't mind for the set file you use. Do watch out for the "MaxTrades_Each Side = 50". I think you might want to reconsider to reduce it further down to a much smaller value. Reason: If the market suddenly moves strongly against you, I don't think your account could survive with that many trades (50) opened concurrently which would quickly used up all your margins and blow up your account in no time. For your info, I think some may have reduced it to the value of 10 or even down to 5 (such as @NexusFX) for their better safety.
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Thanks for the comment. Well...for me I think it's either change your life for the better, or worse, or nothing happened, and life just goes on as usual. It's all about the choices that we made that makes a difference in our life.
As for this EA, "Life Changer", to me it is only a name. That's all. Of course how I wish that it could be a game changer or life changer but... I believe no one could ever guarantee that. I guess we all have to find settings that work well not just days or weeks but long term (i.e. years) and the most important thing is always learn to keep our risks at a manageable level. Overall, what I could say is that Life Changer is not a scam EA. Yes, it is able to earn some decent profits but never a "get rich quick" EA. Anyone looking for that kind of super high profit EA, I think you are simply looking for trouble. Because Super High Profit = Super High Risk. Therefore, maintaining your risks should always be the top priority. Period.
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Ok, good
Yes, so far it still works today as we speak. Many (including myself) have also used this EA on real accounts too. May I kindly suggest for you to just spend some time reading many of the past and previous posts here in this channel and I'm sure you will know better of how things worked. There are really not that much differences in terms of working on a demo or real account (unless of course if you broker is a scam broker then that would be a whole different story. I did saw someone shared that they have tested some other EA on both their demo and live accounts but to their surprise the results were very different which sounds really strange to me. Later they found that the broker did some manipulations to the trades and so on. That's what scam brokers would do.). All that matter is to be able to find settings that works well for you by limiting your risks and try to keep a good balance of your risks vs your profits (some people aiming for super profits hence ended up blowing their accounts). There is no perfect right or wrong settings for everyone. It's really about your personal expectation and choice of what you want and what would serve you the best. That's all.
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Yes, it is an unlimited version and won't expired and hence until today many of us here in this channel are still using it and testing without any major problem. One word of advice though, yes it can be a nice EA and able to yield some profits but, it can also be dangerous too if you try to use higher risks trying to get bigger profits within a shorter period. Whatever you do, just learn to be safe (by minimizing your risks) and stay safe as always. Better be safe and sorry.
Sorry last sentence should be "Better be safe than sorry" and not "Better be safe and sorry". Sorry for the typo. tks.
latest update available anybody >>??
Thank you for your sharing.
this for good DD
This is a live cent account at forex4you... I manually closed a few positions in loss once. Then its fully automated.
1MAX
New Member
Thanks
kidfang1995
New Member
thank you for sharing this EA , could you plesae give set file for some pair?
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