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Profitable EA Life Changer EA Full Version

<div class="bbWrapper">I got the MQ4 Version of this EA, hope to convert it to MQ5 and run it in MT5, hope to complete this by this month end.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 167021" data-quote="swamifx2" data-source="post: 218348" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=218348" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-218348">swamifx2 said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I got the MQ4 Version of this EA, hope to convert it to MQ5 and run it in MT5, hope to complete this by this month end. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>If it not Chinese version, upload here. i will convert and upload on this forum back</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 7" data-quote="Sharon" data-source="post: 3171" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=3171" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-3171">Sharon said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Hello All,<br /> <br /> 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. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Thanks for your sharing I will test</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 107547" data-quote="shanmugapradeep" data-source="post: 218676" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=218676" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-218676">shanmugapradeep said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Si no es la versión china, cárguela aquí. Lo convertiré y lo subiré a este foro nuevamente. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>What the hell!<br /> Is there a Chinese version?<br /> And that Chinese version.... Does it work correctly?</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 111185" data-quote="cchong" data-source="post: 216696" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=216696" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-216696">cchong said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Thanks very much for your kind feedback and sharing. Anyway like I&#039;ve said earlier, I&#039;m pretty much done with this EA and have decided to move on somewhere else. Thanks though for the comments and suggestions. Appreciated for everything. May God continue to bless you and everyone in this channel for all your hardwork and sharing, do keep up the good work and take care<img src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f642.png" class="smilie smilie--emoji" loading="lazy" width="64" height="64" alt=":)" title="Smile :)" data-smilie="1"data-shortname=":)" /> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> <blockquote data-attributes="member: 111185" data-quote="cchong" data-source="post: 204478" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=204478" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-204478">cchong said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Agreed. This is not a get rich quick EA. Patient is the key<img src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f642.png" class="smilie smilie--emoji" loading="lazy" width="64" height="64" alt=":)" title="Smile :)" data-smilie="1"data-shortname=":)" /> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Please help me with your contact</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 167491" data-quote="Osas1234" data-source="post: 219105" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=219105" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-219105">Osas1234 said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Please help me with your contact </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Sorry I can&#039;t help you anymore coz I&#039;m done with this EA and no more using it. You gonna have to rely on other people in this channel for help on this EA. All the best to you then. Take care and God bless. bye</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 607" data-quote="bravo" data-source="post: 3305" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=3305" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-3305">bravo said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Is this Martingale or Grid? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>itis grid, but we can set the lot size for marti</div>
 
<div class="bbWrapper">Cchong is right y’all. This Ea has been my life for sometime and lost hope. Funny how me and him stopped using the life changer at around the same time….<br /> <br /> Yes the EA can make profit in 2 weeks, 4 weeks, 6 we…oh it blew up the account. FYI. Happens a lot for almost 1.5 years now and I’ve relied on testing out other EA’s with an extremely low lot size. Big piece of advise for anyone using EAs, gotta let it work the drawdown, in general, if it’s a martingale like the Life Changer EA.<br /> <br /> If y’all can test it out, cool. Let us know. I’ve done everything from changing lot size, step size, multiplier, SL, TP, currency pairs, different brokers, VPS’s, turning off or leaving news on (High and Medium impact), manually turning it off for a bit after some wins, etc. I’ve done it all and have unfortunately lost hope.<br /> <br /> Good luck and I wish y’all nothing but the best</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 165860" data-quote="Lou123" data-source="post: 216537" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=216537" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-216537">Lou123 said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Well said, safety first and profit second...<br /> <br /> Hi guys and gals,<br /> <br /> <b>Intro</b><br /> <br /> My first post here.<br /> I’m a veteran trader, with 10 years of experience in EA trading and about 100k hours of screentime under my belt.<br /> Using (amongst others) Life Changer EA during the last 4 years I have traded my main account from 5k up to 25k.<br /> <br /> <b>General observations</b><br /> <br /> Before going into details about the pairs, chart timeframe and other settings I have been using for the Life Changer EA, a couple of observations based on reading and re-reading the 110 pages of this thread.<br /> <br /> <ul> <li data-xf-list-type="ul">Many 90% rule traders. If you don’t know what the 90% rule is in forex, Google it</li> <li data-xf-list-type="ul">Many people posting in this thread lack the most basic education.<br /> They don’t seem to know what an average daily range is, don’t know how to calculate the pip value for a forex pair based on position size, don’t know margin requirements, etc. etc.<br /> One word of advice, “Babypips” has an excellent comprehensive free education. Go study.</li> <li data-xf-list-type="ul">Many traders have unrealistic expectations.<br /> Watch Lambo Raul videos on Youtube and you’ll see what I mean.Forex trading is a marathon, not a sprint.<br /> Folks expecting an ROI upwards of 5% per month will most likely blow their account.</li> <li data-xf-list-type="ul">Many traders are undercapitalized. You need serious money to make serious money.<br /> Alternatively, if you don’t have “serious money”, you will at least need to be very patient.<br /> There’s nothing wrong opening a 5 USD cent account, but don’t expect to turn that into a 100 USD (cent account) in a year…</li> </ul><b>My Life Changer EA settings</b><br /> <br /> Pairs: AUDCAD, AUDNZD, NZDCAD<br /> Why these pairs? Look at the pairs traded by similar grid expert advisors such as North East Way, Waka Waka, Hundred Eggs. The ”DNA” of these 3 pairs (daily range, swings, pullbacks) makes them very suitable for grid trading.<br /> <br /> Timeframe: M30<br /> Not too quick (M15), not too slow (H1) for me.<br /> <br /> Fixlot<br /> 0.01 per 500 capital<br /> <br /> Step: 40<br /> This represents (at the time of writing) approx. 80% of the daily range of the pairs I am trading<br /> <br /> Takeprofit: 30<br /> This will give a profit factor between 2.30 and 2.50.<br /> <br /> Multiplier: 1<br /> Anything above 1 is martingale (be it soft or hard martingale) and will blow up your account.<br /> It&#039; s not a question of if, but WHEN it blows up. The only “right” way to using martingale and grid trading in general is by controlling the downside.<br /> That means using an equity stop/max drawdown of X%.<br /> Using a multiplier of 1 is a trading technique employed by some institutional traders. It’s also known as cost averaging.<br /> The advantage of cost averaging – as opposed to martingale - is that your account will be able to withstand much larger sustained movements.<br /> Using multiplier 1 and 1 microlot per 500 capital, by the time it opens the 8th trade in a grid the drawdown is 15%.<br /> <br /> Stoploss: 280<br /> Why 280 pips? Simple. By the time the Life Changer EA opens the 8th trade in a grid, the first trade is 7 x 40 pips = 280 pips in drawdown. That means a 5-day sustained solid drop (or rise) at 100% of the ADR, without sufficient pullback to get out. By this time, I’m in a 15% drawdown, which I consider my max acceptable drawdown. So far (4-year period) the max number of trades in a grid I’ve had has been 6.<br /> Maybe there’ll be a day it gets to 8, which means I’ll incur a 15% loss of capital.<br /> <br /> Trailstop: 10<br /> Trailstep: 1<br /> <br /> Max pairtrades: 2<br /> <br /> <b>ROI</b><br /> <br /> These setting will yield an average of 3% per month.<br /> To give you an idea of compounding at 3% ROI per month:<br /> 500 USD starting capital * (1.03 ^ 12) = USD 712 capital end of year 1<br /> 500 USD starting capital * (1.03 ^ 24) = USD 1016 capital end of year 2<br /> Doubling your account in 2 years time isn&#039;t so bad, is it? Go talk to your bank manager, ask him what interest rate he&#039;d offer you for a 2-year USD 500 depo...<br /> <br /> There’s a myfxbook account (it&#039;s not my account), that has been running the Life Changer EA using exactly these settings and pairs for more than a year.<br /> Search for “life changer” in the systems section and you’ll find only 1 system running on an ICMarkets demo account <b>with a RoMaD of 10</b>. The user is “Tortellini”.<br /> <br /> Trade safely! </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote></div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 10" data-quote="Priya" data-source="post: 3173" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=3173" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-3173">Priya said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> <a href="https://www.forexforum.co/attachments/81/" target="_blank">View attachment 81</a> <a href="https://www.forexforum.co/attachments/82/" target="_blank">View attachment 82</a> <a href="https://www.forexforum.co/attachments/81/" target="_blank">View attachment 81</a> <a href="https://www.forexforum.co/attachments/82/" target="_blank">View attachment 82</a> Please find attached Life Changer Full Version EA.<a href="https://www.forexforum.co/attachments/81/" target="_blank">View attachment 81</a> <a href="https://www.forexforum.co/attachments/82/" target="_blank">View attachment 82</a> <a href="https://www.forexforum.co/attachments/81/" target="_blank">View attachment 81</a> <a href="https://www.forexforum.co/attachments/82/" target="_blank">View attachment 82</a> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Thanks</div>
 
<div class="bbWrapper">How often does this EA trade? I&#039;ve had mine on the chart for a week with a smiley face but nothing else showing, no trades and no errors etc <br /> <br /> Thanks!</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 137030" data-quote="prodix" data-source="post: 222794" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=222794" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-222794">prodix said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Is this a good EA? any good result for long term? Is it suitable for </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>It seems it is a good EA. It works with many pairs at the same time.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 167619" data-quote="dadangsam" data-source="post: 219264" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/goto/post?id=219264" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-219264">dadangsam said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> itis grid, but we can set the lot size for marti </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Hi, Could you please share what I must do to set lot size - Martingale mode?</div>
 

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