Life Expert MT4 (Latest version) - Unlimited
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Life Expert MT4: Multi-Currency Profit Consolidation
Life Expert is an automated advisor suitable for multi-currency trading that opens orders based on a built-in indicator. It requires only a small initial deposit to start trading. The Expert advisor (EA uses a unique closing logic based on total combined profit and offers conditional Martingale scaling for loss recovery.
➡️ Vendor website: View here
About the Author
This product is compiled by Dmitry Shutov. This author has more than +10 years of experience working on MQL5 with many famous products such as Life Expert MT4, Kryptonite MT4, Vulkan MT4, Take Profit MT4, Sur Ron MT4, Minotaur MT4, Elbrus way MT4 and other advisors. Among them, Life Expert MT4 is his best performing product.
➡️ Delivery time 24h-48h after payment.
➡️ Refund if not delivered.
➡️ You will receive the current version without any limitations (ID+Time).
Life Expert MT4 Review
Key Features of Life Expert MT4
🔹Indicator Integration: Open orders based on signals from built-in indicators.
🔹Combined Exit: Close orders when the total profit plus the largest negative order reaches the Profit value.
🔹Trade Frequency: The Opportunity parameter allows adjusting the frequency of opening trades.
🔹Order Interval: The Step parameter determines the minimum distance between subsequent orders.
🔹Conditional Martingale: The Martingale multiplier can be adjusted based on drawdown conditions.
Trading Strategy
The core strategy is Average Total Profit with Conditional Scaling. The EA continuously monitors the market, identifying the largest negative profit position per tick. The main exit condition is met when the total profit of Buy/Sell positions on a pair, combined with the loss from the largest negative profit position, exceeds the Profit target.
🔹Average Profit: The exit order is based on the total profit of all positions, including the largest losing position.
🔹Drawdown Response: Martingale is only increased if the drawdown exceeds the threshold.
🔹Frequency Control: The opportunity parameter allows the user to optimize the frequency of opening trades.
Life Expert MT4 Review
The Life Expert MT4 backtest trading results achieved impressive profit performance for 12 months on the EURUSD pair. The advisor showed the ability to maintain safe stars on the 1-minute chart.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $632.07
✅ Win Rate (% of total): 67.01%
✅ Maximum Drawdown: 18.95%
Life Expert MT4 Backtest
Why choose and use Life Expert?
🔹Multi-Pair Stability: Recommended for multiple pairs simultaneously for the most balanced profit and drawdown.
🔹Accessibility: Only needs a small initial deposit to begin trading.
🔹Adaptive Risk: Uses a conditional Martingale system for safer, controlled loss recovery.
🔹Clear Management: The closing logic simplifies managing multiple orders by focusing on net total profit.
🔹Parameter Clarity: Step and Chance values are consistently set regardless of quote decimal places.
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M1 (1 minute chart) |
| Currency pairs | Any |
| Minimum / Recommended deposit | $100 |
| Minimum / Recommended leverage | Any |
| Account types | Any |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
✅ Experts: Life Expert_fix.ex4
Conclusion
In short, Life Expert EA delivers a smart profit-averaging system with conditional Martingale scaling, adaptive risk control, and flexible trade frequency for stable multi-pair performance. Its clear exit logic and accessible setup make it ideal for traders seeking steady, controlled growth. Life Expert EA turns structured risk management into consistent trading advantage.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is Life Expert MT4 and how does it operate?
Life Expert is a multi-currency automated trading advisor that opens orders using built-in indicator signals. It uses a unique combined-profit closing logic and a conditional Martingale system to manage losses while allowing stable, controlled trading even with a small initial deposit.
❓ What trading strategy does Life Expert use?
The EA follows an Average Total Profit with Conditional Scaling strategy. It closes trades when the combined profit of all positions plus the largest losing position meets the Profit target. Martingale scaling activates only when drawdown exceeds a set threshold.
❓ Which trading platform and timeframes does Life Expert support?
Life Expert is designed exclusively for MetaTrader 4 (MT4) and works best on the M1 timeframe. It supports any currency pair, making it flexible for multi-pair portfolio setups.
❓ Does Life Expert use Martingale and is it safe?
Yes, but it uses a conditional Martingale, meaning the lot multiplier only increases if drawdown crosses a specific level. This makes the system significantly safer than traditional Martingale EAs that scale continuously.
❓ What is the minimum deposit required to run Life Expert EA?
The EA requires only a $100 minimum deposit, making it accessible for small accounts. It works with any leverage and any account type.
❓ How does the EA manage trade exits and profit closing?
Life Expert closes trades based on total combined profit, taking into account all Buy/Sell positions plus the largest negative trade. Once this combination exceeds the Profit target, the EA closes all positions for that pair.
❓ How does Life Expert control trade frequency and entry spacing?
The Opportunity parameter adjusts how frequently trades are opened, while the Step parameter determines the minimum pip distance between new orders—helping control risk, spacing, and trading intensity.
❓ Is Life Expert stable during high spread or poor trading conditions?
Yes. The EA is optimized for stable performance even with large spreads, delays, or fast market movements. Its combined-profit closing logic makes it less sensitive to execution quality.
❓ What do the backtest results reveal about Life Expert’s performance?
On the EURUSD pair (12-month test), Life Expert achieved:
Total Net Profit: $632.07
Win Rate: 67.01%
Maximum Drawdown: 18.95%
These results indicate consistent profitability with controlled risk for an averaging-style system.
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