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Profitable EA Life Changer EA Full Version

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@ermas1

Good day

Hope you well.

Based off your settings. If you specify 16 pairs does the EA trade all 16pairs on your live account?

I see even if I specify 16pairs on demo it only trades up 4 off those pairs across a period of a month.
 
All Good. Let us know how it goes. And if there is anything you see that can be changed.
Hi NexusFx, i would like to ask you to which levarage should we prefer for small accounts such as 100$ initial deposit. Im testing on my demo accounts on different common brokers, sometimes robots opens more than 8-10 trades.
 
Hi @gkhanetlikci

Small account id suggest 1:500. The leverage is what will allow the account to not blow immediately if the EA does go into drawdown. On a 100USD you need to put lot size 0.01 and maybe cap the EA on the pairs. Only let it trade 2 or 3 pairs.
 
Hello All,

This post is to let you all know, I will provide the Life Changer EA Full Version for FREE to whoever is very active in this Forum and posting good contents and messages. Our moderators will view the posts/messages and will grant the EA for the genuine users. All you have to do is be very active in the forum by posting new threads/messages which is useful to the Forex Industry.
Thanks for sharing Sharon. I notice its quite an old post. is the Life Changer EA still profitable over all these years?
anyone else still using it? whats a recommended amount to start testing it?
 
trades are a bit slow, as used NexusFX settings,
are these the best pairs to use?
gbpusd seems to be the most traded ones,
the other two are less giving not much
 
trades are a bit slow, as used NexusFX settings,
are these the best pairs to use?
gbpusd seems to be the most traded ones,
the other two are less giving not much


Good day Bmad

On my settings the trades will be slow. You can add in other pairs also. Even the the default set file that comes with the EA has more pairs. Personally I like the fact that it doesn't over trade. That will minimize the risk and drawdown. No point in you letting it trade 10 currencies at very low lot but you can make the same amount of money with 1 or two pairs at slightly higher lot with a less trading frequency. See below my results so far on My fx book. 20% gain. This is a months data below. 20% is very good. If you put in a decent balance. You can sit back and relax. The drawdown I am still working on a way around it to lower the figure. 20% drawdown for me is a lot. Ideally I would like it around 10% mark overall. I have noticed that the drawdown is a result of one or two trades especially on high impact news days. You can see on the drawdown chart. The most drawdown is around the end of the month or the 1st week of the new month. That time is usually a lot of news events happening. So already we have a reason why the drawdown is high on those particular days. the rest of the days its below 10%. So in theory my settings does work well. it just needs fine tuning for those high impact news events. I have also withdrawn from this profits. So yes like we have established this EA works. Its just a case of you finding what you want from it and fine tuning the settings accordingly. Personally this is a great tool to build an account slowly. Much better returns then leaving money in a bank account. ;)

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