Profitable EA Life Changer EA Full Version

[Rugeg]

Hi everyone, just to share with you some updates on using this EA. Sadly speaking that two of my real accounts just got blown up with NZDJPY and AUDJPY traded in my account with this EA used. And because of the strong trending movement happened that makes the EA keep placing more than 9 trades that eventually got my two accounts blown up. Later i found out from this thread channel that someone has mentioned that it's better to avoid using any JPY pairs for they are very volatile (or "violent" as described by one trader). Therefore, please try to avoid from using all JPY pairs such as AUDJPY, NZDJPY, GBPJPY, EURJPY, USDJPY in your parameter settings (pls do delete them in your parameters for your safety). Later one of my friends also warned me that the GBP pairs are also quite volatile so I also deleted the GBPUSD from my parameter, however I couldn't delete EURGBP yet because it is being used at the moment and i guess my friend was right about this as EURGBP is having a big trend now that makes the EA placing a total of 6 trades and still not yet closed even until today. (Please see attached screenshot for your proof and info)

In short, I do see the risk of this Life Changer EA now. It is very good if there are no major big market trend movements happening. Meaning it is good for "Ranging" Market but NOT good and could be extremely dangerous whenever "Trending" Markets happen. Therefore if possible please try to avoid from using any JPY and GBP pairs and/or any other pairs that you know that might have very big trending movement or huge volatility that could be a huge threat to this EA.

Just for in sharing, here are my settings that I use as follow:
(To be honest, there is no guarantee that this setting will be working well at all times or in the long run. Nothing is guaranteed.)

Deposit: $100 (I'm using a CENT account for my safety, therefore $100 is = 10000cents shown in my CENT account)
Important: If you don't have a mimimum of $1000, then you must use a CENT account or else your account will be at huge risks of being blown up.

Leverage: 1:1000
Time Frame: M15
Currency pair: EURUSD (use only one chart in my MT4 platform).
Settings:
I use my own preset with the following settings
Fixed lot: 0.1 (used for 10000 cents ($100), which is equivalent to 0.01 lot used for $1000, 0.02 lot for $2000, 0.05 lot for $5000 and so on....)
7 Currency pairs were deleted: AUDJPY, NZDJPY, GBPJPY, EURJPY, USDJPY, GBPUSD, EURGBP (reason: one trader has mentioned that all JPY currency pairs are to be avoided for volatility issue. Another trader later also mentioned about volatility of GBP pairs too.)
Multiplier: 1.05
Max pair trades: 2
The rest remained as default

Okay that's all the info I know and share with you about this EA. Hope that helps. Wish you all the very best in your testing. Take care, be safe and God bless.
View attachment 15603

Thanks a lot!! very useful information

 

[cchong]

Thanks so much for sharing your experience. Based on it, which would you say is the best setting?

Thanks for the question. Sorry to say that I've have not found the best settings yet for myself. Furthermore, there is no such thing as the "best setting" as everyone would have different expectations for what's the "best" in their own opinion. The best of one's own settings might not be the best for everyone. Therefore, I think each would need to know what exactly that you are looking for. Is 10% monthly profit good enough for you? Some would say YES and some said NO. That's the reality that every trader needs to face and deal with.

Anyway, talking about LIFE CHANGER EA, I'm still in the midst of finding settings that could work well for myself and would not blow up my accounts easily. It's always hard to find a good balance of GOOD PROFIT VS GOOD RISK MANAGEMENT. Sometimes you might be able to find settings that help you earn a lot of profit within a short period, the problem is, it could also blow up your account at any point of time. That's the challenge that all EA users need to deal with. At the moment, I'm still searching and testing all kinds of possibilities, would be glad to share more once I found out something that worth to share about. Wish you all the best in your finding too.

For now, all I could say is, try to avoid all GBP pairs and JPY pairs if possible because of their volatility that could be a huge risk to your account when there is a strong trend happens at any time. In short, this EA is good for ranging market and bad for trending market. That's my experience and opinion to share about with regards to this EA.

Wish you all the best. Be safe and stay safe at all times. Take good care and God bless you all

 

[luccassavoia]

is someone using version 6? can you tell me if it is better than version 1.0?

 

[cchong]

is someone using version 6? can you tell me if it is better than version 1.0?

They look exactly the same to me. (for your info, I downloaded the version 6 from this thread: https://www.forexforum.co/threads/the-life-changer-ea-v6-unlimited.18777/)

 

[masterb_forex]

View attachment 81 View attachment 82 View attachment 81 View attachment 82 Please find attached Life Changer Full Version EA.View attachment 81 View attachment 82 View attachment 81 View attachment 82

Thank you for sharing, how often does it trade, and what is the best time frame

 

[Godsgrace]

I have been using the life changer ea for a couple of months now and you should do the following to become profitable:

1. Take small but consistent profits
2. Don't be greedy and let losses run wit the hope of the tide turning in your favour (cut your losses early)

Good luck

 

[Godsgrace]

Thanks for the question. Sorry to say that I've have not found the best settings yet for myself. Furthermore, there is no such thing as the "best setting" as everyone would have different expectations for what's the "best" in their own opinion. The best of one's own settings might not be the best for everyone. Therefore, I think each would need to know what exactly that you are looking for. Is 10% monthly profit good enough for you? Some would say YES and some said NO. That's the reality that every trader needs to face and deal with.

Anyway, talking about LIFE CHANGER EA, I'm still in the midst of finding settings that could work well for myself and would not blow up my accounts easily. It's always hard to find a good balance of GOOD PROFIT VS GOOD RISK MANAGEMENT. Sometimes you might be able to find settings that help you earn a lot of profit within a short period, the problem is, it could also blow up your account at any point of time. That's the challenge that all EA users need to deal with. At the moment, I'm still searching and testing all kinds of possibilities, would be glad to share more once I found out something that worth to share about. Wish you all the best in your finding too.

For now, all I could say is, try to avoid all GBP pairs and JPY pairs if possible because of their volatility that could be a huge risk to your account when there is a strong trend happens at any time. In short, this EA is good for ranging market and bad for trending market. That's my experience and opinion to share about with regards to this EA.

Wish you all the best. Be safe and stay safe at all times. Take good care and God bless you all

Very interesting thoughts cchong...Indeed the JPY pairs are very volatile and usually lead to large draw-downs. If you trade JPY pairs then always make sure that you are glued to news releases and only trade when the markets are calm without any high impact news releases.

 

[cchong]

Very interesting thoughts cchong...Indeed the JPY pairs are very volatile and usually lead to large draw-downs. If you trade JPY pairs then always make sure that you are glued to news releases and only trade when the markets are calm without any high impact news releases.

Thanks very much for the kind and helpful comments. Keep up the good work then. Take care and God bless everyone

 

[Godsgrace]

[QUyOTE="cchong, post: 135951, member: 111185"]
Thanks very much for the kind and helpful comments. Keep up the good work then. Take care and God bless everyone
[/QUOTE]

You are welcome.

I must also state that I have tried many other EAs and the life changer EA with proper semi auto management and strategy is simply the best forex ea out their hands down. Spend some time on forward testing your trading strategy on cent accounts and you will get the right mix.

Good luck

 

[Jackpott]

View attachment 81 View attachment 82 View attachment 81 View attachment 82 Please find attached Life Changer Full Version EA.View attachment 81 View attachment 82 View attachment 81 View attachment 82

thanks for sharing

 

[starp1000]

Hello All,

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.

good

 

[kapalfx]

nice.thanks for sharing , hope this EA can help trader make profit

 

[mico]

Did anybody tried it already in Live account? If yes, please share your results.

 

[mariuss]

Does it make any diffrence if I put it on 5m or 1h?

 

[asuji]

This EA has very good reviews, cant wait to test that in Demo

 

[andreatrading]

I have been using the life changer ea for a couple of months now and you should do the following to become profitable:

1. Take small but consistent profits
2. Don't be greedy and let losses run wit the hope of the tide turning in your favour (cut your losses early)

Good luck

Yes, I totally agree with you!!!

 

[Akbarul]

Thank you so much for sharing this EA, but I wonder what version is this EA?

 

[easycashempire01]

Hello All,

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.

I've seen quite good results from life changer. A trader I know uses it on his live account with success. thank you for sharing.

 

[JohnM]

Thank you so much for sharing this EA as I was looking for it for months

 

[blink123]

Thanks for sharing