Profitable EA Life Changer EA Full Version

[dybala22]

thanks for sharing this ea. Hopefully i have a chance to try this ea

 

[NexusFX]

Good day

Good question. I have left it running on two seperate NFP's. And it still did very well. Strangely enough it was on CPI news event that I went into heavy drawdown. So its purely based off how much volume and volatility the news brings on the specific day. I would suggest you can either then lower the lot size or switch it off al together on that specific news day. What I also picked up was. On heavy news impact day the EA will make decent profits in london session and then again in the US session when the news hits. But now US session usually brings more volume to the market. So the choice is yours if you are then happy just switching it off before US session.

 

[cchong]

Good day

Good question. I have left it running on two seperate NFP's. And it still did very well. Strangely enough it was on CPI news event that I went into heavy drawdown. So its purely based off how much volume and volatility the news brings on the specific day. I would suggest you can either then lower the lot size or switch it off al together on that specific news day. What I also picked up was. On heavy news impact day the EA will make decent profits in london session and then again in the US session when the news hits. But now US session usually brings more volume to the market. So the choice is yours if you are then happy just switching it off before US session.

Awesome. Thanks for the helpful info. Greatly appreciated. Keep it up and God bless

 

[kecodon8991]

Good day

Good question. I have left it running on two seperate NFP's. And it still did very well. Strangely enough it was on CPI news event that I went into heavy drawdown. So its purely based off how much volume and volatility the news brings on the specific day. I would suggest you can either then lower the lot size or switch it off al together on that specific news day. What I also picked up was. On heavy news impact day the EA will make decent profits in london session and then again in the US session when the news hits. But now US session usually brings more volume to the market. So the choice is yours if you are then happy just switching it off before US session.

Thanks for your information. I will note the days with important news and avoid not dealing with it

 

[NexusFX]

Awesome. Thanks for the helpful info. Greatly appreciated. Keep it up and God bless

Good day.

No problem. Do share your feedback as well.

 

[NexusFX]

Thanks for your information. I will note the days with important news and avoid not dealing with it

All Good. Today is FOMC I will be running mine on smaller lot just to see what it does. Last FOMC it made profit and didnt run into any drawdown.

 

[kecodon8991]

All Good. Today is FOMC I will be running mine on smaller lot just to see what it does. Last FOMC it made profit and didnt run into any drawdown.

Great. Can you share your EA configuration to me? it will save me a newbie time to have a good installation.

 

[blinks58]

Please I want to ask is this ea a Martingale or grid ea because when every I use it it trades like a grid ea or is it my settings?

 

[jumbodave747]

Thanks for sharing NexusFX. How do you select only the three pairs you suggest trading please?

 

[05071991R]

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

 

[NexusFX]

Great. Can you share your EA configuration to me? it will save me a newbie time to have a good installation.

Good Day

This is my settings

So here is my current settings. Start off with a 0.01 lot.

Time frame - M15. This time frame works best for EA.
Lot size 0.04 - I am on a 1000usd plus account. Based off my Take profit and the pairs this lot size is safe for my account.
Take profit - 18pips
Stop loss - default 400
Max Trades Each side - 10 (based off my testing as mentioned above)
Trailing stop - 12
Trailing step - 1
Pairs - GBPUSD, GBPJPY, AUDUSD.

 

[kykelvin]

Hi Sharon,
This expert can be used in real account, without any limitation?
Please let me know
thanks

I second her in this, what's the minimum deposit required for the account?

 

[kecodon8991]

Good Day

This is my settings

So here is my current settings. Start off with a 0.01 lot.

Time frame - M15. This time frame works best for EA.
Lot size 0.04 - I am on a 1000usd plus account. Based off my Take profit and the pairs this lot size is safe for my account.
Take profit - 18pips
Stop loss - default 400
Max Trades Each side - 10 (based off my testing as mentioned above)
Trailing stop - 12
Trailing step - 1
Pairs - GBPUSD, GBPJPY, AUDUSD.

Thank you,
I'm installing the same as you on the demo account and keep up the good work. If you have any good settings, please share them here.

 

[cchong]

I second her in this, what's the minimum deposit required for the account?

If I'm not mistaken, I believe $1000 would be a good start for safer trading with this EA. If you don't have $1000 to start with (me too), no worries, there is a solution to this, you can simply use $10 with a CENT account which would then turn your $10 into 1000 cents and you are good to go for using this EA (or any other EA), the reason is because the EA will then recognize the $10 as 1000 cent and treat it just like a $1000 account. In short, CENT account is very helpful for those who do not have a large capital to start trading. However, please bear in mind that not all brokers offer CENT accounts. Please check again with your broker on this matter. One more thing for your info, in my experience, in the past I have tried Roboforex broker with a CENT account but strangely speaking, the EA just won't work well if you only use $10. Although I have set the lot size to be 0.01, yet I found out that the EA automatically readjust the lot size using 0.1 lot instead of 0.01 lot and that is extremely dangerous and risky for my $10 (which is a 1000 cents account). However, later when I tried out another broker called FBS and use their CENT account with this EA, thank God that it worked out just fine. Therefore, I think you would need to choose a broker that could work well with this EA in regards to when using a CENT account. Hope that helps. God bless and take care.

 

[cchong]

Good Day

This is my settings

So here is my current settings. Start off with a 0.01 lot.

Time frame - M15. This time frame works best for EA.
Lot size 0.04 - I am on a 1000usd plus account. Based off my Take profit and the pairs this lot size is safe for my account.
Take profit - 18pips
Stop loss - default 400
Max Trades Each side - 10 (based off my testing as mentioned above)
Trailing stop - 12
Trailing step - 1
Pairs - GBPUSD, GBPJPY, AUDUSD.

Thanks. Just one question if you don't mind, in your past experience of using the Stop Loss value of 400, have you ever encountered any trade that did reach 400 which resulted in a huge loss?

 

[cchong]

Hi Sharon,
This expert can be used in real account, without any limitation?
Please let me know
thanks

Looks like Sharon didn't answer this question. If you don't mind, perhaps I could help answering by saying YES, this EA does work with real account and as far as I could tell, there isn't any limitation to this EA with any real and/or demo accounts.

 

[Shaner3]

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

Pretty good EA. Cant wait to try it out. I will let you know how my testing goes.

 

[kykelvin]

If I'm not mistaken, I believe $1000 would be a good start for safer trading with this EA. If you don't have $1000 to start with (me too), no worries, there is a solution to this, you can simply use $10 with a CENT account which would then turn your $10 into 1000 cents and you are good to go for using this EA (or any other EA), the reason is because the EA will then recognize the $10 as 1000 cent and treat it just like a $1000 account. In short, CENT account is very helpful for those who do not have a large capital to start trading. However, please bear in mind that not all brokers offer CENT accounts. Please check again with your broker on this matter. One more thing for your info, in my experience, in the past I have tried Roboforex broker with a CENT account but strangely speaking, the EA just won't work well if you only use $10. Although I have set the lot size to be 0.01, yet I found out that the EA automatically readjust the lot size using 0.1 lot instead of 0.01 lot and that is extremely dangerous and risky for my $10 (which is a 1000 cents account). However, later when I tried out another broker called FBS and use their CENT account with this EA, thank God that it worked out just fine. Therefore, I think you would need to choose a broker that could work well with this EA in regards to when using a CENT account. Hope that helps. God bless and take care.

Helpful, thank you

 

[cchong]

Helpful, thank you

You're welcome. One more important thing is try to get a large leverage of either 1:500 or 1:1000 for your better safety. A small leverage could easily wipe out your account whenever there's a huge market movement that could bring you a huge drawdown and that's when your account get blown.

 

[scrollocker]

Now knowing how robots work etc. I then stumbled upon a full version by pure luck. I then started testing it on demo accounts. You can't back test this EA through a simulator as I wont work correctly. I ran for months on demo account on few different brokers available to us in South Africa. Nowhere I was able to find videos or any sort of information on how to effectively setup this EA. All I knew was this thing does work but like anything in life it will have its limitations. I basically played around with different settings. Added more pairs to the currency list. Took pairs out. I let the robot run on high impact news. I did extensive testing on it. Really putting it through its paces.