Not sure on this one hey. I don’t know if anyone else here can help us?
This EA works well...ish. I made profit for 6 months. But then all that was lost on an EURAUD trade. The EA was buying when the price kept falling. My money management wasn’t right so some trades stopped out. Eventually I closed all the trades myself at the loss of my 6 months gains and a bit more
Not sure on this one hey. I don’t know if anyone else here can help us?
This EA works well...ish. I made profit for 6 months. But then all that was lost on an EURAUD trade. The EA was buying when the price kept falling. My money management wasn’t right so some trades stopped out. Eventually I closed all the trades myself at the loss of my 6 months gains and a bit more
So this ea is dangerous in a trending market, same for other EA. Martingale is a very very dangerous strategy in a trending market. but every EA weakness is this kind of market.
so how is the result of everybody?? any forward testing result in demo or real?? Can you guys share it in here. or any myfxbook portoflio??? so we can see it performance
This post is to let you all know, I will provide the Life Changer EA Full Version for FREE to whoever is very active in this Forum and posting good contents and messages. Our moderators will view the posts/messages and will grant the EA for the genuine users. All you have to do is be very active in the forum by posting new threads/messages which is useful to the Forex Industry.
Thanks for sharing. May I kindly know your answers to the following:
1. How long have you been using this EA?
2. What's the average monthly profit and drawdown?
3. Any recommended settings you can share with us? (E.g. Which currency pair to use, minimum account balance, minimum leverage, and any preset you use that you can share with us, etc.)
4. Do you think this EA is good and safe for long term use and why?
5. Any potential risks that you see with this EA that needs to be carefully handled with?
Thanks and hope to hear from your thoughts soon.
Regards,
Chong.
Thanks for sharing. However pls fo watch out for your drawdown is considered high which could be more risky when market is bad. Try to minimize your risk if possible. Wish you all the best. In the meantime you can also check on my other EA too and see whether this works well for you:
Red Dragon MT5 (My Favourite EA: 48% Profit & 26% Drawdown) https://www.forexforum.co/threads/red-dragon-mt5-my-favourite-ea-48-profit-26-drawdown.17408/
Hi, you mean you got problem with Life Changer EA that does not make any trades at all? Well, mine just set up today using everything as default and there seems to be no problem at all and the EA just started placing trades as normal. Just wonder whether have you turned on the "auto trading" button or not? Or maybe you could just try to shut down and restart your MT4 plaform again and see if it works or not. all the best to you
in addition to what i have mentioned to you earlier, I have also attached herewith two screenshots with some markings added for you to check your settings. Please make sure you follow all the 1,2,3,4,5 important points and done all that. Wish you all the best then.
Attachments
Life Changer EA Screenshot 1 (point no. 1 & 2).jpg
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Life Changer EA Screenshot 2 (point no. 3, 4 and 5).jpg
in addition to what i have mentioned to you earlier, I have also attached herewith two screenshots with some markings added for you to check your settings. Please make sure you follow all the 1,2,3,4,5 important points and done all that. Wish you all the best then.
in addition to what i have mentioned to you earlier, I have also attached herewith two screenshots with some markings added for you to check your settings. Please make sure you follow all the 1,2,3,4,5 important points and done all that. Wish you all the best then.
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