Profitable EA Life Changer EA Full Version

[cchong]

Hi Friend,

Happy New Year! Are you still using Life Changer EA? What Settings are you using?

Would love to hear your insight.

The EA blew my account (practically), because of the current uptrend in EURJPY. The EA took a short just at the bottom of the reversal of the last down trend which then went into an uptrend.

This EA is promising, but either needs better settings or some tweaking in the way it works. Maybe it would be worthwhile if the EA starts opening trades in the opposite direction if the trend reverses? What do you think?

I don't mind sharing my settings, but clearly it did not work well for me lol.

Look forward to hearing from you.

Sorry for I just noticed that there was one small mistake that I had made earlier about the setting of " Trailing Step: 9.0 ". It should be "Trailing STOP" instead of "Trailing step". That means it's " Trailing Stop: 9.0".

Furthermore, for the "Trailing Step" value it is remained as 1.0 (as default). Thanks be informed and sorry for the typo mistake that happened in my previous post on the settings matter.

 

[mmoto]

I heard this EA has its news filter. Does it stop operating when the market is dangerous? Greetings, thank you for sharing

 

[cchong]

I heard this EA has its news filter. Does it stop operating when the market is dangerous? Greetings, thank you for sharing

Thanks for the sharing. Well, as far as I know, I have never heard of any info saying that this EA has any news filter. For your info I have actually come across one time during the NFP (US Non Farm Payroll) event (1st Friday of every month) that one of the currencies EURGBP (if I remembered correctly) trade was executed by this EA, sadly speaking it had a huge spike during the NFP event and the market suddenly turned so badly against me that the EA kept placing a lot of trades trying to recover the losses, and my account was almost blown up because of this incident. After that incident, I would rather feel more comfortable to turn off the EA before NFP event happen just to avoid or reduce the possibility of any huge spike or crazy market conditions to happen. So again, is there a news filter built into this EA? I honestly don't know. But based on my personal experience with this EA, I don't think it has that feature. If it does, then at least I think it should have some sort of filter or functions that need to be activated and connected to some sort of servers that monitor the news. That's my opinion on this news filter matter.
Anyway, just so you know, today is the first Friday of the month and NFP would be happening again sometime later today. You may test this EA if you wish to and see for yourself if this EA is safe to avoid the risks of news or not. Just make sure that you use demo accounts only for your best safety in your EA tests. If you want my advice for this matter, I would then recommend you or anyone to simply turn off the EA for your best safety especially when using a live account with this EA. In short, it's "better safe than sorry". That's all I can say for this matter. Hope that helps. Take care, God bless you and everyone and happy new year of 2022 to you all

 

[cchong]

Dear all, with regards to the settings of one EA trader that I've mentioned in one of my posts earlier (that claimed to be capable of earning a monthly profit of 6% or so), just in case if anyone is interested to try it out to see if it suits you well, kindly find the attached set file for your use. Again, there is no guarantee of any success, just purely sharing with info and things that I know and received from others. Just like what was mentioned in the Bible (Matthew 10:8b), " Freely you have received; freely give." That's all I do. For God is always my greatest strength, blessings and help. May His grace, mercy and blessings be with you all always and forevermore.

Again for your best safety sake, please try it on demo account only for now to do your own observations. If you think that this strategy works well for you after a few months or so, then you can decide to either stick to this strategy or make any further changes as you wish to at your own risks.

Take good care everyone, wish you all the best and God bless

Regards,
Chong.

 

[movie3d]

Dear all, with regards to the settings of one EA trader that I've mentioned in one of my posts earlier (that claimed to be capable of earning a monthly profit of 6% or so), just in case if anyone is interested to try it out to see if it suits you well, kindly find the attached set file for your use. Again, there is no guarantee of any success, just purely sharing with info and things that I know and received from others. Just like what was mentioned in the Bible (Matthew 10:8b), " Freely you have received; freely give." That's all I do. For God is always my greatest strength, blessings and help. May His grace, mercy and blessings be with you all always and forevermore.

Again for your best safety sake, please try it on demo account only for now to do your own observations. If you think that this strategy works well for you after a few months or so, then you can decide to either stick to this strategy or make any further changes as you wish to at your own risks.

Take good care everyone, wish you all the best and God bless

Regards,
Chong.

i got lost big profit... oh man

 

[cchong]

i got lost big profit... oh man

Just a gentle advice for you if you don't mind. Pls do check again on all your settings and go through each setting carefully to see what needs to be changed. Something is definitely wrong somewhere. Most of the failures are mainly due to poor money/risk management. Some possible examples are as follow:
1. You could be using a wrong lot size or a lot size that is considered too large and too risky for your account balance.
2. Too many trades being placed and remained open and not closed, that would easily eat up all your margin and eventually blew up your account.
3. Too many max pair trade was assigned.
4. Your account leverage is very small and your account balance is small too.
5. Multiplier value is set too high. That would caused aggressive martingale method and that could kill your account easily.
6. Some other possible reasons...

 

[mitsuki]

This EA doesn't seem to work well. However, if risk management is done properly, the results will improve even in real life. It's a swap-free broker.

 

[cchong]

This EA doesn't seem to work well. However, if risk management is done properly, the results will improve even in real life. It's a swap-free broker.

Sorry to hear that this EA doesn't seem to work well for you. Agreed with you that risk management needs to be done properly for things to work. Many people seems to focus too much on profits rather than managing their risks in trading. That's probably the reason why many have failed in trading.

 

[cremyboy]

Thank you so much for sharing this EA as I was looking for it for months.

 

[sonylive]

Thank you for sharing, what is the version number for this EA?

 

[mclye]

Thank you so much for sharing this EA. hope that this will work well on my side.

 

[wanted]

Thanks a lot for your sharing
Please post real account results ...
is it work for btcusd ?

 

[joei007]

Thanks for sharing.

Please share result. Is it good?

 

[dheeveti]

Thanks, good EA bsed on reviews! i will look to back test this

 

[sisimaru]

Thank you so much for sharing this EA as I was looking for it for months.

 

[Forex-Buu]

Hi guys, does anyone has Myfxbook results to show on this EA? And some favourable settings and pairs to share?
Many thanks.

 

[Villa123]

can anyone help me?
I had €630 in my account. friday the market closed 105 in minus. sunday night the market opens and monday morning I lose €600 account blown up. any idea how this can happen? and can I avoid this in the future?

 

[ek3ekytop]

Thanks for sharing. Anybody ran this for over 3 months and found the results are consistent?

 

[Potatochips96]

Hello, I'm running multiple backtest on different EAs currently! Would be great if I can try this out so I can share some of the backtest results here!

 

[BazoFX]

Hey guys
Who are used this shared EA. Show us result, please.