Profitable EA Life Changer EA Full Version

[cchong]

Nice thanks for this thread.
Some Telegram channel claim they are selling it, but it could be a scam.

To be honest, Telegram channels are full of scams in my view. Do not believe in any of them. I couldn't not find any official website that is selling this EA. I think the official website of this EA might not exist anymore. Having said that, no worries because I believe the EA copy that was shared in this channel should work just fine for demo and/or live accounts. The only thing that matter is to find the right settings that works well for you over a long period of time, not just for days or weeks but over months and years. Wish everyone the very best in finding the settings that work well for you. God bless and take care.

 

[ctituz]

Looks nice
I want this ea
How to get this ea as free

 

[cchong]

Looks nice
I want this ea
How to get this ea as free.

Yes It is 100% free for everyone. Just go to page 1 of this channel and scroll to the 2nd post by Priya (the thread owner of this channel), click the attached EA file to download the EA for your use. Alternatively, you may also use the following link: https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-3173

 

[cchong]

Yes It is 100% free for everyone. Just go to page 1 of this channel and scroll to the 2nd post by Priya (the thread owner of this channel), click the attached EA file to download the EA for your use. Alternatively, you may also use the following link: https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-3173

Sorry, for your clarification, I've just noticed that Prya is not the thread owner but Sharon is. Thanks and sorry for the mistake made earlier.)

 

[povznak]

hello,this ea change tp to all orders to same tp? or each order will tp at different values?

 

[cchong]

hello,this ea change tp to all orders to same tp? or each order will tp at different values?

This EA basically use the same TP to all orders except if you turn on the trailing stop loss functions then it will follow those rules accordingly.

 

[takinda10]

hello,this ea change tp to all orders to same tp? or each order

 

[cchong]

hello,this ea change tp to all orders to same tp? or each order

here's my comment for your info: https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-182115

 

[alex1560]

Hi, anyone has source code of the full version ? I found a source code but is for another version

 

[Vitto]

This EA almost blew my account !
Here is an open source EA

 

[alex1560]

This EA almost blew my account !
Here is an open source EA

Yes, I saw it tends to do that, that's why I wanted the source to tweak it a little and backtest the logic on proper history.

Thanks for sharing! Do you have another way of decompiling? Or you had it from a different place?

 

[Vitto]

Yes, I saw it tends to do that, that's why I wanted the source to tweak it a little and backtest the logic on proper history.

Thanks for sharing! Do you have another way of decompiling? Or you had it from a different place?

I only have this file, I took it from the telegram group.

 

[alex1560]

I only have this file, I took it from the telegram group.

Which telegram group ?

 

[Vitto]

Which telegram group ?

This is a paid group.

 

[cchong]

Hi @cchong

We have spend so much time testing it cant really give up now. Still one of the best EA's out there. The changes I will be doing is the following.

On demo account as my live accounts took big knocks that I am currently slowly making back by manual trading.

0.01 lot
Stoploss - from 400 down to 100. I want to see what the EA does with a lower SL.
Amount of trades open drop it from 10 to 4.


Lets see how this goes. Will keep you posted.

Take Care

Hi NexusFX and Hi to everyone,
New updates on results today (14 OCT 2022) has helped to prove one thing and that is, I think the "Stop Loss" set at 400 pips/value is not good in my opinion as GBPJPY today had reached the Stop Loss level of -400.50 today. (Please see screenshots attached below for your reference).
Hence, I will try changing the Stop Loss pips/value from 400 to 0 and to allow more freedom for the EA to work further and see if it could manage to close trades and end in profit (when the market trend eventually returned back in favourable direction and position) instead ended in losses just because of the stop loss limit was set at 400 pips. For your info only that in the past I did try using such strategy (Stop Loss set at 0) and it did work well once when one other currency pair (I forgot which pair) also had similar situation like this but eventually market trend did a U-turn and EA was managed to close with profits instead of losses. Well, let's see if this would work well again in future.

Okay that's all from my sharing now. Wish you all the very best in your EA tests. Take good care and God bless you all

 

[NexusFX]

Good Day All and @cchong

I have spend alot of time again refining the settings on this EA. We know it works. It just struggles to manage large news events. I have played around by lowering the SL to 60 or 100. On some trades it works great. On others it hits the SL and then doesnt open any trades again.

I had the exact same loss this week on GBPJPY that was UK news that made that move. But afterwards it corrected. So in theory the EA would have closed the trade in profit. I went back and had a look at the manual that comes with this EA. it specifically says 0.01 per 1000usd in trading account. I have now realised there is a reason for that. This EA needs a really big account in order to mitigate sudden swings in the market due to news or any type of event. And that is the only way it will operate successfully. increasing lot sizes to make returns quicker is not going to help. Eventhough we had success with increasing lot sizes to speed up the returns. Just the one day there is high impact news it goes ape shit.

 

[cchong]

Good Day All and @cchong

I have spend alot of time again refining the settings on this EA. We know it works. It just struggles to manage large news events. I have played around by lowering the SL to 60 or 100. On some trades it works great. On others it hits the SL and then doesnt open any trades again.

I had the exact same loss this week on GBPJPY that was UK news that made that move. But afterwards it corrected. So in theory the EA would have closed the trade in profit. I went back and had a look at the manual that comes with this EA. it specifically says 0.01 per 1000usd in trading account. I have now realised there is a reason for that. This EA needs a really big account in order to mitigate sudden swings in the market due to news or any type of event. And that is the only way it will operate successfully. increasing lot sizes to make returns quicker is not going to help. Eventhough we had success with increasing lot sizes to speed up the returns. Just the one day there is high impact news it goes ape shit.

View attachment 22756

Thanks very much for your kind sharing and updates on the settings used for this EA. Yes I also see that using 0.01 lot for $1000 is important and much better in terms of safety. Well, let's see how it continues to work in the near and far future then. Keep up the good work. Take care and God bless you and everyone

 

[kecodon8991]

Hi NexusFX and Hi to everyone,
New updates on results today (14 OCT 2022) has helped to prove one thing and that is, I think the "Stop Loss" set at 400 pips/value is not good in my opinion as GBPJPY today had reached the Stop Loss level of -400.50 today. (Please see screenshots attached below for your reference).
Hence, I will try changing the Stop Loss pips/value from 400 to 0 and to allow more freedom for the EA to work further and see if it could manage to close trades and end in profit (when the market trend eventually returned back in favourable direction and position) instead ended in losses just because of the stop loss limit was set at 400 pips. For your info only that in the past I did try using such strategy (Stop Loss set at 0) and it did work well once when one other currency pair (I forgot which pair) also had similar situation like this but eventually market trend did a U-turn and EA was managed to close with profits instead of losses. Well, let's see if this would work well again in future.

Okay that's all from my sharing now. Wish you all the very best in your EA tests. Take good care and God bless you all


View attachment 22746View attachment 22747View attachment 22748

Hi Cchong,
On my real account 1000 Cen with this EA does not have the same SL as you, even the EA ignores this order. I think this EA works differently with different brokers. I am still continuing to run it on a real account but with a small amount and monitor its stability.

 

[cchong]

Hi Cchong,
On my real account 1000 Cen with this EA does not have the same SL as you, even the EA ignores this order. I think this EA works differently with different brokers. I am still continuing to run it on a real account but with a small amount and monitor its stability.
View attachment 22774

Hi kecodon8991,​

Noted with thanks. Yes different brokers may have different results with the same EA being used. Fully understood.
Anyway, in regardless of whichever broker that you use, as long as any currency pair that the EA traded with just happened to reach a stop loss of 400 pips, then the result would still be the same with a lost trade. That was the reason why I mentioned that I have readjusted my stop loss level again to see how it would work in the future. I do agree with what NexusFX have said earlier, "We know it works. It just struggles to manage large news events". I think that's the challenge and risks that this EA has (for your info it does not have any news filter built in, hence it could be risky when large news event happened). If this is the EA that we would like to use in the long run, then I think we all have to continue to monitor on the EA settings and see how to better manage our risks for a more sustainable profit gain in the long term.

One more comment if you don't mind, I saw in your screenshot that one of the largest lot sizes that the EA traded was 0.09 lot. I think your lot size or martingale/multiplier value could be too big which could be quite risky for your account especially when there is a strong market trend happening that moved against you. Not to mention that you're actually using REAL money. You may want to readjust your settings again to reduce your risks if possible for better safety. Just a suggestion anyway. No offense please. thanks.

Till then, keep up the good work and wish you all the best in your EA tests. Whatever you do, learn to be be safe and stay safe as much as possible. Take care and God bless.

 

[kecodon8991]

Hi kecodon8991,​

Noted with thanks. Yes different brokers may have different results with the same EA being used. Fully understood.
Anyway, in regardless of whichever broker that you use, as long as any currency pair that the EA traded with just happened to reach a stop loss of 400 pips, then the result would still be the same with a lost trade. That was the reason why I mentioned that I have readjusted my stop loss level again to see how it would work in the future. I do agree with what NexusFX have said earlier, "We know it works. It just struggles to manage large news events". I think that's the challenge and risks that this EA has (for your info it does not have any news filter built in, hence it could be risky when large news event happened). If this is the EA that we would like to use in the long run, then I think we all have to continue to monitor on the EA settings and see how to better manage our risks for a more sustainable profit gain in the long term.

One more comment if you don't mind, I saw in your screenshot that one of the largest lot sizes that the EA traded was 0.09 lot. I think your lot size or martingale/multiplier value could be too big which could be quite risky for your account especially when there is a strong market trend happening that moved against you. Not to mention that you're actually using REAL money. You may want to readjust your settings again to reduce your risks if possible for better safety. Just a suggestion anyway. No offense please. thanks.

Till then, keep up the good work and wish you all the best in your EA tests. Whatever you do, learn to be be safe and stay safe as much as possible. Take care and God bless.

Thanks for your comments. I am leaving 0.01 lot for my 1000$ account, the lot you are seeing is because this EA does the multiplication according to the installed algorithm. If your changes reduce the risk to your account, please update here. Thank you very much and good luck.