Apart from all the comments shared by "NexusFX" the trader who gave a very detail, helpful and comprehensive explanation of his experience of using this EA (Life Changer), I believe many others also have tried this EA and I happened to be one of them too. Well, I think NexusFX is right about this EA that it is a working EA. The important thing is knowing how to manage your risk properly when using this EA or any other EA of your choice. I think using 0.01 lot for $1000 with a standard account or $10 with a cent account would be a good start for using this EA even though NexusFX in his live account is using 0.04 lot for a $1000 account which is considerably risky in my own opinion. But since he has tested with so many different currency pairs and found out about the only 3 pairs that are significantly much more profitable and reasonably low risks, I would say that he probably had picked the right ones to grow his account til this day. I have also tried out his strategy for a few weeks and to be honest, it seemed to work pretty well for me too and that I was kinda confident of capable to earn a monthly profit of close to 40-50% or so. Having said all that however, still I don't think I could be 100% assured that it could be safe for a long, long time in future if I continue to use 0.04 lot for the $1000 account.
Hence, what I might be possibly planning to do in the future (that is if and when I have enough money to do so) is, let's just say if I have $3000 capital and if I plan to continue using Life Changer EA as my one and only trusted EA, well this is what I would probably do as follow:
Open three separate MT4 accounts with $1000 assigned for each one:
1. Account A: use 0.04 lot (high risk)
2. Account B: use 0.02 lot (medium risk)
3. Account C: use 0.01 lot (low risk)
Strategy: I would try to regularly (maybe once a month or once in every two months or so) withdraw some profits from my Account A & B and move them into Account C so that I could possibly grow my capital safely over long term period. If one day my Account A suddenly got blown up, I would still have Account B and C remained to be safe. And if one day my account B got blown up too, I would still have my account C to survive and also continue to grow safely over a much longer term.
Well, I think that's all I could say about Life Changer EA for now. Again, I think managing risks is one of the key factor of growing your profits over long term period of time. Anyone that tries to "get rick quickly" by messing up with the wrong settings or using any lot size that is too risky would soon get their accounts blown up. It's that simple. Whatever you do, please do learn how to keep a good balance of your risks vs profits. Keep safe as much as possible if you wish to survive longer in the trading world. There is no such thing as a perfect EA or 100% guaranteed success EA, only God Himself is fully trusted in my own belief (no offense please).
Wish you and everyone the very best with your trading learning journey and life. Take good care everyone and may God bless you all