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I warn everyone - this EA is not working, not making a profit. It works for a maximum of 1-2 months, then this EA will start eating your money. Large groups of transactions accumulate and a huge amount of your money is stuck for a very long time. At the same time growing fee - swap. This is my...
I will cancel trading with this Life Changer EA robot. I have already 6 groups 1 month and never ending. Swap fee groing bigger and bigger. During 2 weeks no singel profit.
I bought Forex Fury month ago. And its work well. No any mistake yet.
Sorry, STEP 50 was too big, goes too slow. I putted STEP 45. This seems perfect, 45 is 3 times bigger than 15.
I recommend now STEP 45 (40 - 45 is OK).
Yes, maybe thats true. Maybe it is half of Martingale strategy, 50%. Robot continue doing deals, but always same amount money, does not increase stakes or bids.
And I putted STEP 50 (not 15, 30 or 40) - now more relax. Big waves and groups are not so terrible anymore. You can wate even 1 month.
I think STEP 40 too small, I putted yesterday STEP 50. Less risk. Much more relax, no worries that money will end coz crazy big groups of deals. 3,3 times less deals now in useless groups versus STEP 15 (who crazy recomended STEP 15! It is crime!)
Comment: EA 1-50-300-600-8 (lot, step, TP, SL...
2. Maximum loss... I started with this robot in March 2021. First month was ok, then I lost almost 7000 coz this STEP 15. So big group EURUSD over 25 deals and all April went market to the wrong direction. Lot size was already 0,05. Multiplier was too big: 1,05. Must be only 1.0. Then Margin...
MONEY MANAGEMENT of Life Changer EA
Deposite = lot size = max pairs
200 eur = 0,01 eur = 2 pairs
300 e = 0,01 e = 3 p
400 e = 0,01 e = 4 p
500 e = 0,01 e = 5 p
1000 e = 0,01 e = 6-8 p
1500 e = 0,01 e = 7-8 p
2000 e = 0,02 e = 2-8 p
3000 e = 0,03 e = 2-8...
MARGIN LEVEL IS VERY IMPORTANT! It should be ideal 2000-2500%, if it goes lower than 2000%, then reduce the MAX PAIRS: put 7 or 6, then 5 or 4. Normal MAX PAIRS for 1000 deposit is 6. If good market, then 7 - 8 - 9 -10 also ok. If MARGIN LEVEL goes below 100% - you will lose almost all your...
Symbol30 was SGDJPY, but I removed it coz too big SWAP, fee, more than 1 euro per deal. 80sents - 1,1 eur.
You can put other pair to the Symbol30 or just empty.
I puted TAKE PROFIT more than 30 coz it is very absurd if loss (SL) super big and TP so small. TP should be unlimited, why should stop...
LIFE CHANGER EA settings, if deposite is 1000 euros. TIME FRAME 30.
FixLot=0.01
Multiplier=1.0
STEP=40.0 (33 - 35 also ok. Then bigger number then less risk. STEP 15 is killer - very risky - bot will put all your money to the group or basket, if market goes long time to...
STEP 15 is KILLER - VERY BIG RISK. It made big damage for me, I lost 7000, before I understunded to change it biger. I recommend 33 till 40. Bigger STEP is bigger distance between deals, then Bot will not vaste the money - LESS RISK. If ony 15, then Bot will put TOO MUCH money to the deals, when...
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