What's new

Profitable EA Life Changer EA Full Version

3.10 star(s) 133 Votes

NexusFX

Member
Good day All

Trust everyone is well.

So just an update again on this EA. I have been running mine again for just over a month on live account.

All settings exactly same as previously posted. Only difference I'm on an 8000USD live account. Yes 8000usd. I knew this EA has great potential and that it worked based of previous experience and decided to take the leap.

Currently its only trading GBPUSD and GBPJPY. I have noticed that it does also trade AUDJPY and NZDJPY and NZDUSD very well. It also helps to not trade a minor pair against a Major. As it will sometimes go into big draw down. For example, USDCHF.

Profits so far and withdrawn close to 1000USD. I basically manage the EA when it comes to High impact news events and will turn it off. Then switch it back on 30mins after the news and the market has calmed down. As previously said with my settings as it is I get anything between 40 to 100USD per day. I had a few days where the profits were really low. But other than that, it gives a consistent 1.5% return daily.

So yes, the EA needs a large account or as per the guidelines 0.01 per 1000usd in your account. Because I am only trading 2 or 3 pairs, I am currently on a 0.20 lot size. Frequency of trades is still very low. will at most do 4 trades per day.

Ultimately it comes down to what amount of capital you want to invest and allow the EA to grow that amount for you. slowly but surely. I am also not risking it by trading Major new events. I have also noticed that GBPJPY will sometimes get into a trade unexpectedly and move in to 1% or 2% drawdown but then close out the trade in profit.

So far, I am happy and yes monitoring the news events is extra bit of work, but it does pay off. Other option I have is to lower my lot size way down and then add in 1 or 2 more pairs. Then allow the EA to run through the news events. But I don't really need to risk my account because I want to trade news events. Rather be safe than sorry. Even though we have the same news each month. The impact it might have on the market at that given time is different every time. So, you can't really go back on the historical data to project possible future behavior.

I will in the new month half my account. As it doesn't need to be so big. It was purely for testing purposes. I have also been testing this EA for over a month now indices on a demo account. And have had really good success so far.

Take Care everyone will keep you posted how it goes.

Cheers.
 

Foxino_EA

New Member
Thank
Good day All

Trust everyone is well.

So just an update again on this EA. I have been running mine again for just over a month on live account.

All settings exactly same as previously posted. Only difference I'm on an 8000USD live account. Yes 8000usd. I knew this EA has great potential and that it worked based of previous experience and decided to take the leap.

Currently its only trading GBPUSD and GBPJPY. I have noticed that it does also trade AUDJPY and NZDJPY and NZDUSD very well. It also helps to not trade a minor pair against a Major. As it will sometimes go into big draw down. For example, USDCHF.

Profits so far and withdrawn close to 1000USD. I basically manage the EA when it comes to High impact news events and will turn it off. Then switch it back on 30mins after the news and the market has calmed down. As previously said with my settings as it is I get anything between 40 to 100USD per day. I had a few days where the profits were really low. But other than that, it gives a consistent 1.5% return daily.

So yes, the EA needs a large account or as per the guidelines 0.01 per 1000usd in your account. Because I am only trading 2 or 3 pairs, I am currently on a 0.20 lot size. Frequency of trades is still very low. will at most do 4 trades per day.

Ultimately it comes down to what amount of capital you want to invest and allow the EA to grow that amount for you. slowly but surely. I am also not risking it by trading Major new events. I have also noticed that GBPJPY will sometimes get into a trade unexpectedly and move in to 1% or 2% drawdown but then close out the trade in profit.

So far, I am happy and yes monitoring the news events is extra bit of work, but it does pay off. Other option I have is to lower my lot size way down and then add in 1 or 2 more pairs. Then allow the EA to run through the news events. But I don't really need to risk my account because I want to trade news events. Rather be safe than sorry. Even though we have the same news each month. The impact it might have on the market at that given time is different every time. So, you can't really go back on the historical data to project possible future behavior.

I will in the new month half my account. As it doesn't need to be so big. It was purely for testing purposes. I have also been testing this EA for over a month now indices on a demo account. And have had really good success so far.

Take Care everyone will keep you posted how it goes.

Cheers.
Thanks for your feedback. I'll start to test soon :)
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks