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Profitable EA Life Changer EA Full Version

3.10 star(s) 179 Votes
how is this ea are people having good results with it?

In my opinion, whether good results or not would depend very much on each individual's own expectation and standard. Some would think that a 10% monthly profit is very good. Some think that 10% is just too little and they expect to get 40%, 50% or more to be classified as "good".
As for myself, I consider it to be safe and good to see a steady monthly profit of roughly 20% monthly profit or so with this EA. Here are my settings to share for your info as follow:

Deposit: $100 (by using a cent account that turn $100 into 10000 cents)
Leverage: 1:1000
Time Frame: M15
Settings:
Fixed Lot: 0.1 (use for either $10000 with a Standard account or $100 with a Cent account)
Multiplier: 1.5
The rest of the settings remained as default

Note: you need a minimum of $100 to start with this EA by using a CENT account (You will not survive for long if you use a standard account with $100). If you don't even have $100, then my advice for you is to simply wait until you have at least $100 to start. Simple as that. I have also tried using $10 with a CENT account and use a lot size of 0.01, but the EA didn't place trades using 0.01 lot but 0.1 lot instead which is too dangerous and risky for my $10 cent account. In short, you need a minimum of $100 use with a cent account, other than that it won't work well for you. simple as that.

Wish you guys all the best in your testing. My settings are not perfect and does not guarantee any long term success or safety at all. It's just my own experience and info to share. That's all. Therefore, use any settings at your own risks. With this settings used, you could be expecting a monthly profit of roughly 20% profit or so with a maximum drawdown of not more than 20% after testing for almost two months.

Okay that's all I could share about this EA now. Wish you all the best. Be safe and stay safe. Take care and God bless everyone.
 
In my opinion, whether good results or not would depend very much on each individual's own expectation and standard. Some would think that a 10% monthly profit is very good. Some think that 10% is just too little and they expect to get 40%, 50% or more to be classified as "good".
As for myself, I consider it to be safe and good to see a steady monthly profit of roughly 20% monthly profit or so with this EA. Here are my settings to share for your info as follow:

Deposit: $100 (by using a cent account that turn $100 into 10000 cents)
Leverage: 1:1000
Time Frame: M15
Settings:
Fixed Lot: 0.1 (use for either $10000 with a Standard account or $100 with a Cent account)
Multiplier: 1.5
The rest of the settings remained as default

Note: you need a minimum of $100 to start with this EA by using a CENT account (You will not survive for long if you use a standard account with $100). If you don't even have $100, then my advice for you is to simply wait until you have at least $100 to start. Simple as that. I have also tried using $10 with a CENT account and use a lot size of 0.01, but the EA didn't place trades using 0.01 lot but 0.1 lot instead which is too dangerous and risky for my $10 cent account. In short, you need a minimum of $100 use with a cent account, other than that it won't work well for you. simple as that.

Wish you guys all the best in your testing. My settings are not perfect and does not guarantee any long term success or safety at all. It's just my own experience and info to share. That's all. Therefore, use any settings at your own risks. With this settings used, you could be expecting a monthly profit of roughly 20% profit or so with a maximum drawdown of not more than 20% after testing for almost two months.

Okay that's all I could share about this EA now. Wish you all the best. Be safe and stay safe. Take care and God bless everyone.

Thanks for the reply :)
 
Thanks for sharing. But on the long run not good EA
Thanks very much for your comments. May I kindly know the reason(s) of why you said that it's not a good EA? Is it because you have witnessed something bad or had some bad experiences with this EA in your previous tests that you would like to share with all of us?
Any more further explanation would be much appreciated:)
 
it has once blown my account :oops: it's using martingale
Understood. Well actually you can turn off the martingale method simply by changing the multiplier value to 0.0, however, that won't guarantee your safety because it will keep opening many more new trades until it is able to recover your losses. As the result you could end up account being blown up too because of not enough margin to hold up your trades. That happened to me in the past with 15 opening trades and still not able to close until it blew up my account. Therefore, now I don't turn off the martingale but instead I increase the multiplier value to 1.5 so that the EA would not need to place that many trades in order to recover your losses (as far as I could remembered the maximum number of opening trades were 8 or so which is much better than 15 opening trades which is much more risky for your account). The key is to use the right lot size for your trading and your account balance. My suggestion is to use 0.01 lot for $1000 or 0.1 lot for $10000. If you don't have that big account balance (me too), then you can use a minimum of $100 with a cent account to turn it into 10000 cents and use 0.1 lot for your trading and that would keep you safer and could possibly earn you a monthly profit of around 20% or so depending on market conditions. Wish you and everyone else the very best with your tests. Take care and God bless.
 
Is there a way to edit an issue on the ex4 file or the ea? because it missed an opening opportunity and now is losing money fast.
it should recover but its is doing this for the second time in 2 weeks.
Sorry to hear that there seemed to be a problem happened with your EA tests. Correct me if I'm wrong, I don't think there is any way to edit this EA for now because firstly, you would need a "mq4" format or file of this EA in order to do any modifications to it. Secondly, you would definitely need some kind of technical skills to be able to modify an EA, which I think not that many of us would have. Anyway, talking about the requirement of "mq4" file, now what we have is only the ".ex4" file of this EA, which means that there is no way you could do any kind of modifications at all with it.

With regards to your mentioning of "it missed an opening opportunity and now is losing money fast...etc.", sorry but I don't really understand what really happened to your tests with this EA. It would be helpful if you could try to explain more to us with more info with more "specific details" (e.g. what are the settings that you are using, etc.) if possible so that maybe someone who knows about this EA here in this thread or forum might be able to help each other and you too by doing some brainstorming and perhaps try our own ways to do some guessing or analysis to see what really went wrong in your case.
 
Understood. Well actually you can turn off the martingale method simply by changing the multiplier value to 0.0, however, that won't guarantee your safety because it will keep opening many more new trades until it is able to recover your losses. As the result you could end up account being blown up too because of not enough margin to hold up your trades. That happened to me in the past with 15 opening trades and still not able to close until it blew up my account. Therefore, now I don't turn off the martingale but instead I increase the multiplier value to 1.5 so that the EA would not need to place that many trades in order to recover your losses (as far as I could remembered the maximum number of opening trades were 8 or so which is much better than 15 opening trades which is much more risky for your account). The key is to use the right lot size for your trading and your account balance. My suggestion is to use 0.01 lot for $1000 or 0.1 lot for $10000. If you don't have that big account balance (me too), then you can use a minimum of $100 with a cent account to turn it into 10000 cents and use 0.1 lot for your trading and that would keep you safer and could possibly earn you a monthly profit of around 20% or so depending on market conditions. Wish you and everyone else the very best with your tests. Take care and God bless.
Nice sharing, management is really important, haven't been familiar with the lot size completely, still learning to that
 

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