Profitable EA Life Changer EA Full Version

[Kazam Raza]

Hello everyone, where I can find the EA to download, I am sorry this is new for me

Dear trader, do not use this EA. It is martingale. It will clean your account.

 

[hoan0510]

Dear trader, do not use this EA. It is martingale. It will clean your account.

Thank you very much

 

[heymo1899]

Looking forward to test this EA. It looked promising.
Is it the latest version of the EA?

 

[IncAT]

Hello everyone.

I'm new to the forum and I'm looking forward to sharing experiences. I will try to be very active here and help where I can.

first and foremost i would like to say a big thank you to @NexusFX, @cchong and also to everyone else who invested a lot of time testing the lifechangerEA and sharing their most profitable/best settings here.

My business partner and I also spent a lot of time doing tests on the subject of lifechangerEA.

Overall I have nothing more to add here to NexusFX and cchong. To all who are new to dealing with EA's: The experience of NexusFX and cchong is simply a fact! if you do tests yourself for a longer period of time (please please please no backtesting, only demo account or if you are advanced in handling the EA, a live account), you will definitely come to the same conclusion as we did. there will always be a compromise between safety and profit. there is no perfect setup with maximum security and maximum profit. it always depends on what you set your priorities!

I wish you all successful trading.

Best regards,

IncAT

 

[IncAT]

a few more thoughts on the way the lifechangerEA works:

I noticed that the bot very often starts to open the first position in zones. support and resistance zones or liquidity zones. i guess that in connection with volume and other indicators he then decides whether he goes long or short. a clearly clear line is not recognizable for me so far.
and here what nexusfx and cchong already meant in relation to: trends that are too large/long without a significant correction make life difficult for this EA and means that the martingale TP cannot be reached, so the drawdown with long-lasting trends is always larger and puts the account under pressure. in the worst case, the account will be blown up.
the same thing happens with high impact news, of course. the price rises or falls very sharply without correction. the bot moves more and more positions and can ultimately break the account because no price correction takes place with which the TP is then reached.
another little information. My business partner and I used the lifechangerEA with XAUUSD, XAUAUD, XAUEUR.
!!Please do not imitate as a beginner, all gold pairs are very volatile and at the moment it is extremely risky to operate the EA with them!! (even with settings primarily based on maximum security rather than profit)


Best regards,
IncAT

 

[Ant]

Seems to close some posotions at profit (very small) and carry the remaining open positions at loss (much higher), thus cannot see it able to get ahead and make consistent profits. At this rate, I can see the stage where the carry loss (and drawdown) will be huge compared to closed win trades. Typical of Martingale system. Will leave it running to see how long it takes to blow the (Demo) account!

 

[Eddy Anderson]

Nice Result from the EA. It looks totally different from the past MT4 version.

 

[lynden]

Looking forward to test this EA. It looked promising.
Is it the latest version of the EA?

me too. i came across it on ebay.

 

[lynden]

Seems to close some posotions at profit (very small) and carry the remaining open positions at loss (much higher), thus cannot see it able to get ahead and make consistent profits. At this rate, I can see the stage where the carry loss (and drawdown) will be huge compared to closed win trades. Typical of Martingale system. Will leave it running to see how long it takes to blow the (Demo) account!

me too. i came across it on ebay. searched for reviews and came across this forum.

 

[zsigibubus]

Nice Result from the EA. It looks totally different from the past MT4 version.

View attachment 25001

Hello dear Eddy,
you have a good setup MT5 version?
Or top secret

Thx
Best regard Zsigi

 

[Eddy Anderson]

Hello dear Eddy,
you have a good setup MT5 version?
Or top secret

Thx
Best regard Zsigi

If you got the MT5 version I can give you my Preset file.

 

[zsigibubus]

If you got the MT5 version I can give you my Preset file.

Hi
Yes I have mt5 version but all test is stoploss (400 pips) and not good
Please give me your set if not problem
Thx

 

[604WeekendWarrior]

Is this EA only for MT5? Or is there an MT4 version available as well?

 

[zsigibubus]

Is this EA only for MT5? Or is there an MT4 version available as well?

Hi
Both MT5 and MT4

 

[minatolex]

View attachment 81 View attachment 82 View attachment 81 View attachment 82 Please find attached Life Changer Full Version EA.View attachment 81 View attachment 82 View attachment 81 View attachment 82

I will try and let you guys know

 

[Eddy Anderson]

Is this EA only for MT5? Or is there an MT4 version available as well?

Hey,
That EA has Both Mt4 and MT5 versions but I found a big difference in MT5 version.

 

[cchong]

Hey,
That EA has Both Mt4 and MT5 versions but I found a big difference in MT5 version.

Agreed. Better stick to MT4 version then.

 

[zsigibubus]

Hello Eddy
Is there any set file or something for mt5?
Thx bro

 

[cchong]

Is this EA only for MT5? Or is there an MT4 version available as well?

Correct me if I'm wrong but, I think mt4 should be the default or original version. Maybe someone else has created a mt5 version later and hence we saw it appeared somewhere online. However, the mt5 version had some missing parameters that the mt4 has and therefore, mt4 is still very much recommended to use instead of mt5.

 

[cchong]

Seems to close some posotions at profit (very small) and carry the remaining open positions at loss (much higher), thus cannot see it able to get ahead and make consistent profits. At this rate, I can see the stage where the carry loss (and drawdown) will be huge compared to closed win trades. Typical of Martingale system. Will leave it running to see how long it takes to blow the (Demo) account!

Yes it could possibly get you into trouble especially during high impact new events or unpredictable market movement. Therefore I think everyone should learn how to minimize our risks as much as possible and not just aiming at gaining and/or increasing your profits. One way to reduce your risks is NOT to use a LARGE lot size. the other factor is with the Martingale method. Yes, by default it uses Martingale and value is set to 1.11, however, you could simply turn it off by changing the value to 0. By doing so then you are not using any Martingale method anymore and that would definitely help reducing your risks significantly. One more thing, use a large leverage instead of a small one (I recommend to use 1:1000 or at least 1:500 if possible, do check with your broker to see what is the biggest leverage they have to offer, also please make sure they offer fixed leaverage and NOT floating leverage which would reduce according to when your equity has reached certain level. again please check with your broker on these matters.). That helps a lot in keeping you alive when things go badly and your drawdown percentage could go pretty big at times. A small leverage would very much get your account blown up pretty soon. All the best to you and everyone. Take care and God bless