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Profitable EA Life Changer EA Full Version

3.10 star(s) 176 Votes
Dear all,

Greetings to you all.

Just like to share my own thoughts on Life Changer EA.

As far as I know ever since I have tested quite a few EAs in the past including Life Changer EA, to my understaning, there is no such thing as "magic" or "perfect" settings for everyone. Many people ask "what is the best setting"? I think the standard answer would be: There is no such thing as THE BEST setting. Yes, there could be some so called "good" and/or safer settings, but still no 100% guarantee as the market is always changing and unpredictable at times. The term "good" or "best" would actually depend on what each individual have in mind with regards to profit and risk expectation and acceptance or tolerance.

As for Life Changer EA, up to this moment, well.... yes, it is indeed a working EA and not a scam EA in my opinion. It does work pretty stable and reasonably well most of the time. Yet, it could also get very risky especially when the market suddenly turned volatile which could cause a huge drawdown with any trading account.

Having said that, I think a few traders like NexusFX (which I do recommend others to follow his comments and updates on this EA if you wish to) and perhaps some other traders too that I don't know of would have a much better understanding and experiences of how this EA works. Therefore please kindly do spend some precious time to go through all those comments that you feel helpful to you for finding settings that work well for you.

Overall, I think Life Changer EA could possibly generate a monthly profit of around 10% more or less if you choose settings that are not that risky in my opinion.

For those of you interested, here are my own settings shared for your info only as follow:
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Broker: Roboforex
Account Type: Demo Pro
Leverage: 1:1000 (if you use a lower leverage, then your risk would be higher)
Time Frame: M15
Currency pair to be attached to the MT4 chart: I attached EURUSD on ONE chart only.
(Note: actually It does not matter which currency pair that you attached on the chart, just choose any ONE currency pair and attach it onto the chart for the EA to work. The EA would only trade with the currency pairs that are listed on the SYMBOLS from 1-30 under the EA settings.

Fix lot: 0.01 (used for $1000 account or $10 with a CENT account)
Multiplier: 1.11
Step: 20.0
Take Profit: 26.0
Stoploss: 0 (I choose this value instead of the default value of 400 due to the reason that there were instances happened where one of the currency pairs did hit 400 pips in drawdown and that trade was closed with a huge loss amount. As a result, one other trader has shared his method of using a stoploss value of 0 to tackle this problem, and because of that, one other similar incident had happened and the trend after hitting a 400 pips in drawdown, has managed to slowly come back again to the favourable position and eventually the EA closed trade ending in a profit instead of a loss. For your info I myself have tried that too and I have also seen the similar results happened in one of my previous tests. That is why I'm now using this stoploss value of 0 for my current test. )

Max Trade_Each Side: 20 (This may sound more risky for some people. If you don't like it, you may reduce this value as you wish to. In the contrary, some traders would even increase this value as they think they shouldn't limit the EA capabilities of helping to recover quicker the losses of previous trades that were still remained opening with a loss amount. I guess everyone would need to decide on what strategy would work best for him or her. It's entirely up to you to decide what value you want to handle your risks. As simple as that.)

Magic Number: 1234567
Trailing Stop On: True
Trailing Stop: 12.0
Trailing Step: 1
Symbol 1: GBPUSD
Symbol 2: GBPJPY
Symbol 3: AUDUSD
Symbol 4: NZDJPY
Symbol 5: NZDUSD
Symbol 6: AUDJPY
The rest of Symbols from 7-30 I just leave them blank.

(Note: I only use these 6 currency pairs which was mentioned by NexusFX in ForexForum.com, https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-188039)

Max Pair Trades: 2 (If you increase the value, be sure to see much more risks being applied to your account. For me, I think 2 would be the maximum risks that I could accept for my account. If you like to further reduce your risks, you could simply change it to 1 if you wish to.)

The rest of the settings I just leave them as default.
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The following are the screenshots taken for your further info of roughly how much profit has been earned through using such setting:

View attachment 23717


View attachment 23718

Okay, I think that's pretty much everything I could say about Life Changer EA for now.

Whatever you do, please...DO NOT just focus on how to earn BIG and HUGE profits without even thinking on how to limit and manage your risks. Always think of RISK FIRST before PROFIT. If you can't manage your risks properly, then all your profits would be gone soon or later.

Also, Bigger profit = Bigger risk. It's that simple.

Wishing everyone a very blessed and happy new year of 2023.

Take good care and God bless you all:)

Bye.
Thank you very much for your sharing.

It is very useful for us. Could you share the link to me ? So i can study a bit about the detail transaction.
God bless you too

Best regards,
 
Here's the good news for you, this EA is not a trial version but simply a fully functional EA with no expiry date at all and best of all it is 100% free for you and everyone to use as you wish to. All the best to your EA tests:)
thanks for the answer, perfect, then I'll try to use it to test it, thank you very much :)
 
Fixlot and Multiplier. Fixlot 0.01 and Multiplier 1.11. it is rounddown for next level.
such as Level 2 = 0.01 * 1.11 = 0.1 or 0.0111 (i can see 0.1) is it correct?
Level3 = 0.011 * 1.11=0.1 or 0.01221.
Level 2 result = 0.1 is definitely wrong. It should be 0.0111 I think but it is rounddown so the EA will still trade with 0.01 on level 2 and not 0.0111, then Level 3 should more or less be the same case. Therefore in actual trading situation you would see that the EA keep placing trades with the same 0.01 lot until certain level which it will change from 0.01 to 0.02 lot.
 
Has anyone had anyluck with this EA? Lookinf forward to testing!
Welcome to our new member, SyncFX. Well...sorry no luck, it's just hard work of trying to find settings that work well for yourself. Therefore please do kindly spend some time to scroll up here and start reading those past comments that you think are helpful for you and also continue to work hard to find your own settings that work well for you in the long run. I'm sure many traders have shared their results, settings and experiences of using this EA in this channel. After you've spent time reading these comments, I'm sure you won't ask this question here in this channel. Again, no luck. It's all about hard work. Welcome to this channel of Life Changer EA. Happy reading.
All the best to your EA search and tests, take care and God bless:)
 
Level 2 result = 0.1 is definitely wrong. It should be 0.0111 I think but it is rounddown so the EA will still trade with 0.01 on level 2 and not 0.0111, then Level 3 should more or less be the same case. Therefore in actual trading situation you would see that the EA keep placing trades with the same 0.01 lot until certain level which it will change from 0.01 to 0.02 lot
Thanks very much… your is best
 
Thanks very much… your is best
Thanks very much for the kind words of encouragement. Having said that, still I believe there are many others who are way better than I am and more experienced than me in terms of testing this EA and many other EAs, one of them I could recommend you to follow is called "NexusFX". So please feel free to scroll up here in this channel and try to read as many comments as you can for gaining a better understanding of how this EA works. Wish you all the best then. Take care:)
 
Thank you very much for your sharing.

It is very useful for us. Could you share the link to me ? So i can study a bit about the detail transaction.
God bless you too

Best regards,
Sorry for no external link(s) of any kind can be shared here in this forum website or channel unless of course, if you are a "paid" VIP subscriber, then that's another whole new story. For your info, those of us as the "free" members here are only allowed to post some comments with some screenshots attached and that is pretty much what we can do here. Sad but that's the limitation we have here and I guess we all have to accept that. If anyone wants to have more freedom, then the only way is to "pay up" and become a VIP subscriber and you can share almost anything you like and also download all the EAs that have been posted here in this forum without restrictions:)
 
Thanks very much… your is best
I did also run this EA for about 2 months on a demo, using a VPS. My results were not very promising. Yhe 1 st month was up about 3 % but after 2nd month down 23%. I did afterward test different settings but never reached a good result.
 
I did also run this EA for about 2 months on a demo, using a VPS. My results were not very promising. Yhe 1 st month was up about 3 % but after 2nd month down 23%. I did afterward test different settings but never reached a good result.
Sorry to hear that you didn't achieve any good result with this EA. Correct me if I'm wrong but, I think there could be something wrong with one or some of your settings. If you don't mind to earn only at around 10% monthly profit or so with this EA, then perhaps maybe you could just take a look at my settings shared in this channel earlier and see if you would like to follow it and to see how it goes for you: https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-191809

In the mean time, please also feel free to check out other traders like NexusFX and many others too for their settings that were shared in this channel and see which one suit you the best. Bear in mind that sometimes the results may vary due to using different currency pairs. Some were not that volatile but some could be extremely volatile and could bring you huge drawdown. To be honest, I mostly just use the currency pairs that were mentioned by NexusFX as he is much more experienced in terms of testing all kinds of currency pairs with this EA and he also shared quite a lot of insightful info that I think are helpful for many of us. So do feel free to read comments made by him and also others that you think are helpful for you. Happy reading:)
Other possible factors that could affect the results are the broker that you used. It is important to choose a broker that is more reliable and worth your trust. Some bad brokers could possibly trying to manipulate your trades or affect your trading results in some unknown ways but good brokers won't do so. For your info, Life Changer EA in my view should be able to work with most brokers (if not all) and so far I believe it is considered to be working stable most of the time except during some high impact news event or so.

Okay hope that helps. Wish you all the best then. God bless and take care:)
 
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Sorry to hear that you didn't achieve any good result with this EA. Correct me if I'm wrong but, I think there could be something wrong with one or some of your settings. If you don't mind to earn only at around 10% monthly profit or so with this EA, then perhaps maybe you could just take a look at my settings shared in this channel earlier and see if you would like to follow it and to see how it goes for you: https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-191809

In the mean time, please also feel free to check out other traders like NexusFX and many others too for their settings that were shared in this channel and see which one suit you the best. Bear in mind that sometimes the results may vary due to using different currency pairs. Some were not that volatile but some could be extremely volatile and could bring you huge drawdown. To be honest, I mostly just use the currency pairs that were mentioned by NexusFX as he is much more experienced in terms of testing all kinds of currency pairs with this EA and he also shared quite a lot of insightful info that I think are helpful for many of us. So do feel free to read comments made by him and also others that you think are helpful for you. Happy reading:)
Other possible factors that could affect the results are the broker that you used. It is important to choose a broker that is more reliable and worth your trust. Some bad brokers could possibly trying to manipulate your trades or affect your trading results in some unknown ways but good brokers won't do so. For your info, Life Changer EA in my view should be able to work with most brokers (if not all) and so far I believe it is considered to be working stable most of the time except during some high impact news event or so.

Okay hope that helps. Wish you all the best then. God bless and take care:)
Thanks cchong. I will look at it. To be honest, i tested many EA's in the past. some downloaded for free and others i bought. They always show great results in testing, but once i do testing they failed. I downloaded an EA and testing it at present with default settings on a 1 hr chart. I run it on only 3 pairs, EUR/USD and USD/JPY. Past month results were nearly 100%. Still on demo running on VPS. I normally like to do proper testing for 4-6 months before trading on live account. Once i am happy, i will share on Forex Forum.
Enjoy.
 
Thanks cchong. I will look at it. To be honest, i tested many EA's in the past. some downloaded for free and others i bought. They always show great results in testing, but once i do testing they failed. I downloaded an EA and testing it at present with default settings on a 1 hr chart. I run it on only 3 pairs, EUR/USD and USD/JPY. Past month results were nearly 100%. Still on demo running on VPS. I normally like to do proper testing for 4-6 months before trading on live account. Once i am happy, i will share on Forex Forum.
Enjoy.
Thanks. Yes, 4-6 months of testing is considered good enough to see how an EA actually work under various market situations and conditions. Wish you all the best then. God bless:)
 
Why does he open a disproportionate lot at multiplier 20?
1. Would you mind explain where you get this screenshot from? There is not much info shown on the screenshot such as what currency pairs and etc, therefore it's not clear whether this were proof of trades executed by Life Changer EA or not.

2. When you mentioned "Why does he...", may I know who or what are you referring to?

3. If "he" is refered to Life Changer EA, then my answer for this would be: "No", I don't think that trade was executed by Life Changer EA as that is not how Life Changer EA usually work and operate as I've never ever seen this kind of trading behaviour happened in my own tests, nor has anyone shared any screenshots or mentioned anything like this in any of their comments. My guess is that "he" actually is not Life Changer EA but instead it was the "person" (or trader) himself or herself who had executed this trade "manually" instead of using Life Changer EA. I think that would easily explain why such "disproportionate lot" appeared in your screenshot shown to us.
 
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