Thanks kecodon8991 for your kind sharing of experience of using this EA. Sorry to hear that you've blown your live account. It happened to me too in the past and frankly speaking it could also happen to anyone at any point of time.
I don't know what broker you use but just for your info that I only use Roboforex and FBS because they are the ones who do offer large leverage of 1:1000 which would be safer for my EA trading. In my past experiences of using this EA with both Roboforex and FBS, all the trades seemed quite consistent on both demo and live accounts. I don't know much about the experiences of other people but, it seemed to me that you're the first one I heard that mentioned about the differences in placing trades between a demo and live account under the same broker. To be honest I have no idea how and why because first of all, I believe none of us is the EA developer or programmer and so we do have limited understanding of how this EA actually work. Secondly, different brokers may have differences in their conditions of operating their trading platforms. Therefore it's important that we do testing EAs with our preferred broker(s) with a much "longer" time say at least 1 month (or 3 months or even more would be much better) "on DEMO accounts only" just to see how the EAs perform. If they performed consistently well, then we may further think of maybe putting the EA on a live account (if you wish to) to see how it goes. At least that's what I do for most of my EA tests.
In my opinion, this EA performed quite consistently well except when once in a while where there's a huge market movement happened suddenly (may be due to a high impact news or so). If the EA settings that you use are not good and safe in terms of risk management, then I think that's when and where your account usually get blown. In general principle as recommended, a lot size of 0.01 lot is to be used for an account with a minimum balance of $1000 (or more if possible) for a reasonably safe trading with this EA. The next thing that I believe is important is about your leverage. The larger your leverage, the better and safer you would be especially during periods when the market suddenly moves strongly against you with a huge drawdown. That's why I always choose a broker that offers me with a large leverage of 1:1000 for my better safety.
Talking about EA settings, I believe NexusFX has indeed shared quite a lot of stuff with very good insights and I would kindly encourage you and many others to spend time reading his comments and explanation on the EA settings. I think you'll appreciate his sharing on his own past experiences of testing with this EA too. To be honest with you, I have copied most of his settings except with just some minor adjustment due to my own preference in terms of risks managment and profit expectation. Having said so, still I have absolutely no guarantee that my own settings would work perfectly well in the long run as the market is always changing and anything could go wrong at any point of time. The only thing we could do is keep on learning (including learning from our past mistakes) and trying our best to learn how to manage our risks properly hoping that our EA settings could keep our accounts survive through a longer period of not just days but months and years (if possible).
Talking about other EAs in your question, sorry to say that up to now I still haven't got a concrete answer of any other EA that is reliable for long term use. As far as I know, I think many would agree with me that all EAs could be risky at any moment and are capable of blowing up accounts. Some are just scam EA, some work well for just a few days, some longer for a whole month or so but later one day suddenly went crazy and blew up accounts. Some might have shown truly awesome results with backtests but yet when put on demo or live accounts they behave completely different and gave you terrible results instead. For me, Life Changer EA could be a reliable EA for long term use. The important thing is to be able to find settings that help to earn consistent profits over a long term and at the same time also able to keep you reasonably safe under most market conditions. That's all I could say about this EA. As for other EA, well... will see. If I do come across any EA that I think is worth to try, well yes... I'll be glad to share more info with you all in the future.
Whichever EA that you choose, and whatever settings that you use, please remind yourself to keep learning on "How to Keep Yourself Safe at ALL Times" and not just focusing on finding EAs that bring you the biggest profit. Because if you cannot manage your risks well, all your profits (including your capital/initial balance) will definitely be all gone soon or later.
Wishing you and everyone all the best in your search of good and reliable EA and settings that work well for you. Till then, take good care and God bless you all for a blessed Christmas season and happy new year
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