Profitable EA Life Changer EA Full Version

[Simantafx]

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.

Can you told me what is minimum deposit for this robot i want it use trial in my cent account , thanks in advance

 

[dmenshin]

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 want it please, i am new here, learning forex and try to make a good living wth forex. i am looking for those above 100% profit per MONTH, with low risk, fast closing . My capital 1K

 

[Utube800]

WHATS THE DIFFERENCE BETWEEN THIS EA AND TSR SEEMS THE SAME?

 

[yuvagen]

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

Nice

 

[ermas1]

Thanks for the question raised in your feedback. Yes, the EA did take USDJPY trades (a total of 17 USDJPY trades if I'm not mistaken!) and that's why I mentioned earlier that you would all noticed from the one of the screenshots that I shared was showing a whopping maximum drawdown of 34.20% with my demo account. So far it still hasn't blow up this demo account because of the smaller lot size of 0.1 that I set up and used with this $10000 account and futhermore, please be informed that I am also using a 1:1000 very large leverage which helped to prevent it from blowing up when the USDJPY market moved strongly against the account and the EA. Having said that however, sadly speaking that my live account didn't survive through this incident, the reason was simply because I was using a much larger lot size and that obviously was a terrible mistake that I've made. After all the testing that I've done with this EA, now it has come to my conclusion that by using 0.01 lot with $1000 account or 0.1 lot with $10000 account is perhaps the best way to keep the account in a more safer position. Yet still, if your account leverage is too small, say either 1:200 or anything smaller than that, I would think that the chances of blowing your account with this EA is great. In short, it just too dangerous and risky with a small leverage used. That is why I would always strongly encourage and recommend everyone to use a much larger leverage like 1:1000 or so (if possible) for your better safety. The problem is, not every broker offer large leverages. Most of them as far as I know only provide up to 1:500, with a few other do offer 1:1000 or larger depending on where your location is. Correct me if I'm wrong, I was told that traders from EU countries or so may not be allowed to use such a large leverage for their trading accounts. Therefore, for those of you who don't have large leverage used with your trading accounts, then I personally think perhaps this EA may not be that suitable or consider to be safe for your use, or perhaps you may even need to consider to reduce your lot size further or increase your account balance more in order to keep you safer. e.g. 0.01 lot used for $5000 and not $1000, 0.1 lot used for $50000 or more.

Hi,
I am running the full version of the Life Changer on 16 pairs. I have it on a Cent Account so that the EA has enough room to operate. The initial lot size is 0.01 x each 100 in the balance. Here are some stats for the month of May 2022:

Trades: 300+
Drawdown: 4%
Winrate: 68%
Profit Factor: 3
Gain: 53%

I'm very happy on how things are going.

 

[cchong]

Hi,
I am running the full version of the Life Changer on 16 pairs. I have it on a Cent Account so that the EA has enough room to operate. The initial lot size is 0.01 x each 100 in the balance. Here are some stats for the month of May 2022:

Trades: 300+
Drawdown: 4%
Winrate: 68%
Profit Factor: 3
Gain: 53%

I'm very happy on how things are going.

Thanks. 53% gain is surely very impressive. Good job! Would you mind also share with us on your other settings as follow:
Initial Deposit:
Leverage:
Time Frame:
Multiplier:
Step:
Stoploss:
Trailing Stop:
Trailing Step:
Max Trade each side:
Max Pair Trade:
Currency Pair(s) that you attached on your MT4 chart:

Thanks and hope to hear from you further sharing again soon

 

[ermas1]

Hi cchong, I have a screenshot of the settings.
As you can see the FixLot is 0.28 because the balance now is 28.000 (on a cent account), which is 0.01 for every 1000 in the balance.
I do not have access to the code unfortunately; so, I change the lots manually every time it goes up 1000 more.

 

[gerbsup1]

thanks for sharing. please advise where i can see the report?

 

[cchong]

Hi cchong, I have a screenshot of the settings.
As you can see the FixLot is 0.28 because the balance now is 28.000 (on a cent account), which is 0.01 for every 1000 in the balance.
I do not have access to the code unfortunately; so, I change the lots manually every time it goes up 1000 more.

View attachment 20735

Thanks a lot for the screenshot. Wish you all the best then. Take care and God bless

 

[rappeur411]

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

 

[Buibui68]

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

 

[ermas1]

Hey everyone, I just wish you wouldn’t make fun of people in this place.
We’re all here for a common purpose and we try and help each other as we can.
Mutual respect should be everyone’s priority.

 

[Danfox]

good ea ，thanks for sharing.

 

[fedullo]

Thank youbm for your share. I will try it, seems amazing !

 

[Thanhlong2712]

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

 

[ermas1]

One word of caution everyone … this bot uses grid and martingale; so, please use a cent account and reduce the number of pairs if your balance is not great.
I’m available if you need hints on how to manage it to make it last.

 

[cchong]

One word of caution everyone … this bot uses grid and martingale; so, please use a cent account and reduce the number of pairs if your balance is not great.
I’m available if you need hints on how to manage it to make it last.

Well said. Yes, agreed that using a cent account would be much safer for account balance smaller than $10000 in my opinion.

 

[ichehx33]

Thank you for sharing this. What is a good tf to use on this?

 

[ermas1]

Thank you for sharing this. What is a good tf to use on this?

With the settings I’m using it’s on M15

 

[NexusFX]

Good Day

Trader here from South Africa. I have been in the markets for 3.5 years. I first stumbled upon the Life changer EA when I was starting out trading. Like any newbie trader you read and see different things on the internet whilst trying to grasp the trading concepts. I also fell into the scam group that got sold this robot by someone named Queen something. The robot worked but after few months stopped working. At that point in time it didn't really make sense to me why. I then started educating myself on how trading robots works etc. and soon realized it was a trial version that subsequently lapsed. Months passed by and I was basically teaching myself how to trade after few failed attempts with mentors. Obviously being a newbie trader you lose more money then you make. I one day pulled the trading history of the robot. I keep all my records even until this day. After analyzing the data I realized the robot actually made a profit. I was shocked as I never looked at the data. I tried for few months to try and get it working but to no avail. As soon as meta trader gets updated trial robots wont ever work especially after a certain build update. I then gave up on the robot and kept trading manually. Just going through the motions of learning forex trading.

In 2021 I decided again to look for a full version of this robot. 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.

I then looked at the data again. Certain days it will make good solid trades with good gains other days it will lose a lot of money and totally go Ape shit. I kept it running for months. To see how it does ROI wise. I also made sure to check when there is high impact news like NFP, FOMC, etc. how does the EA react to these fundamentals. A lot of times there will be good volume with fundamentals but it does bring volatility in to play. And usually volatility brings a lot of spikes and wick hunt's. a few times the EA will open so many trades because of the impact of the news that I will take up to two days for it to eventually close out in a small profit. So the drawdown factor was a real concern. This EA does advise 0.01 per every 1000usd in your account. I eventually realized why that recommendation is so. ultimately like manual trading you want to manage risk. Newbie traders never manage risk within their first 2 to 2.5 years of trading and a lot never realized this and give up. So with this EA managing the drawdown is the main objective. I tested on and off through 2021. left it alone start off 2022 and then about two months ago I decide again to look at the EA.

I ran the EA on a live account. What I can say is this EA does work. Yes it does. My observations to date and basically what I am doing now is the following. I can only assume this EA applies of combinations of forex technical analyses to do what it does.

- I tested it on multiple brokers. International and Local brokers available in South Africa. It works on all. On some better than others but realized that its works best on account that offers very low or zero spreads. When I ran the EA on broker account with zero spread and account with low spreads on another account. The zero spread account out performed the low spreads account. Because trades would Hit TP on the zero spread account and then on the low spread account makes a pullback then the EA starts opening more positions to mitigate or hedge the risk. Eventually the trades will hit TP on the low spreads account. But if you over leveraging on your low spread account it will go into big drawdown before hitting TP.

-Lot size is important. 0.01 for every 1000usd in your trading account. This allows you to handle the drawdown if or when the EA has to open more trades. This setting is very important. If you decide to deviate from this in order to make profits quicker you will blow your account to pieces. It will only take that one trade for it to run in draw down the you can kiss all your profits bye bye.

-The multiplier setting goes hand in hand with lot size. If you leave it at 1.11 which default. It will open your 1st trades on 0.01. then if it has to hedge any positions after that it will basically multiply it by 1.11. So the next position it opens will be a 0.02 and then 0.03 depending how many it needs to open to hedge and close out the trades in profit. Very important to not fiddle with this to much.

-Fundamentals the EA handles high impact news fairly well but can on the odd occasion totally go bonkers and just open up positions that can put you in big draw down. It is important to manage this part by either switching it off when you see very high impact news will hit. This way you save yourself the trouble of sweating through any drawdown that might occur because of the news.

-Default Take profit is set to 30pips. This can be left alone as this allows decent amount of profits to made even with a 0.01 lot. Plus most pairs will move up to 30pips on a good day in one move. You can play around with this and make it less or more. I never went more then 30pips. I sometimes set it lower and up the lot on demo to see the effect.

- Stop loss - Default is set to 400. I played around with this making it smaller. But found that a lot the times it will hit SL. Makes a pullback and the continues and hits TP. And also 400 sounds big but no pair besides indices will do 400 pips in one go. So I left this setting default. the 400 allows the EA breathing space to hedge positions if it has to do so.