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Recent content by Enola

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    How many pairs can you trade in a demo account at the same time?

    You second post is correct. You drag and drop the Galileo FX to the chart and then setup the bot settings you want for that chart. Once it is setup, you can then click the icon next to the bot name in the top corner of the chart to change settings, etc. for that one specific chart if you need to...
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    how to keep Algo Trading ON during night?

    The best way to accomplish this is to go to your laptop settings for Power and there is an option that says "Never go to sleep while plugged in" and choose that. It sets it so you still have your battery saving sleep mode while not plugged in, but as long as you have the laptop plugged in, it...
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    Any good moderate settings for EUR/USD, GBP/USD, USD/CAD auto trading 24 hours.

    You have your Trailing Start and Trailing Step set higher than your Take Profit. This means the trade is going to close long before it reaches your Trailing settings. It is a waste of those two settings. I would recommend changing your Trailing Start and Trailing Step to a degree of points that...
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    Galileo FX 2 - Official Thread

    Do we have any updates on the release date for V2?
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    What can you trade?

    As Joeboy said twice, the answer is that you can trade anything with the bot as long as the Broker you choose allows you to trade it. As a US citizen, we are drastically limited by our own government with what we can do. Markets, brokers, and FIFO rules prevent a lot of people in the US from...
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    BOT Actions

    The bot reads bullish and bearish signals based on the close of the candle on the chart. So if the candle is green and then closes, the bot marks that as a bullish signal. If the candle is white and closes, the bot marks it as a bearish signal. Long wicks and what happens while the candle is...
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    Trailing Start/Step

    The way the Trailing Start and Step works is based off of your Entry Point and the movement in the profitable direction of your trade. So it start with your Entry Point which the other settings will help you adjust. Once a trade has been triggered, the Entry Point will show as the first Price...
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    Modification of Signal Settings

    What is the checkbox for "Allow Modification of Signal Settings" for? What does selecting that setting and turning it on do?
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    Exchanges

    I believe so? Sorry, I don't have any experience, so I'm trying to get answers so I can figure out how to move forward. Is there a way around that spread?
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    FIFO Compliance Tips: Navigating U.S. Regulations with Galileo FX

    So I was told that there was also the possibility of using different lot sizes as a workaround. However, using dynamic lot sizes calculates off your risk, so it always uses the same lot size. I did attempt to open two separate M1 charts for AUDCAD and setting the bot for 0.01 lot size on one...
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    Introduction to Forex Trading: Basics and Fundamentals

    For trading platforms, are there any platforms besides Metatrader that Galileo FX is compatable with or was the bot specifically built to install and run on Metatrader?
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    Exploring New Trading Strategies: Join the Discussion!

    I am currently exploring strategies for making it so Galileo FX can do Scalping trades as well as Swing and Day trading. So far I have built in a rather successful strategy, and I look forward to the results of more significant testing.
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    Margin Prices...

    For the Margin question, at the bottom of the trading box in MT4 and MT5 there should be a grey line with a totals section in it. It should show your current Margin, free margin, account balance, profits, etc. Keep an eye on that and you will get a better feel for how much margin you are using...
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    Exchanges

    Hi, just wondering if Galileo FX is going to be available on any exchanges? I think the bot has a lot of potential, but when using Metatrader or platforms like Metatrader, the automatic negative 30 point starting difference between where you buy in and where your trade is valued at is pretty...
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    Super technical question about settings

    So for the settings for the bot, I was wondering if the settings have to be a numerical value or if I can enter coding commands to define the numerical value to the bot? In particular, I am looking to use commands like an "If/then" command for the Consecutive Settings to command to do things...
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