Recent content by MARKC

Hi Davie, It’s great that you have already created a demo account and added funds in demo mode. That is the right first step when starting with trading. The broker provides the trading account and the platform (usually MetaTrader), which is where the market prices and charts are shown. Galileo...

Hi, Yes, the Pepperstone Razor account is generally suitable for Galileo FX. It offers low spreads and fast execution, which can be beneficial for automated trading systems.

Thanks for the recommendation, Harvey 👍 BlackBull Markets is definitely a solid broker and we’ve seen many users run Galileo FX smoothly on MT4 and MT5 with them. As always, it’s good for everyone to do their own research and choose the broker that best fits their location and trading needs...

Hi Scott, Just to clarify, which account disappeared exactly? Was it your broker account (like Interactive Brokers) or your Galileo FX purchase/account access? If it’s the broker account, you would need to contact the broker directly to check what happened. If it’s related to your Galileo FX...

Hello Maxim, Thank you for the detailed question and for sharing your background with algo trading. At the moment, Galileo FX does not work in a DCA or grid style where it keeps adding positions against an open trade to average the price. The bot is designed to enter and exit trades based on...

Hey there, That’s actually a great question and not daft at all! 😊 Yes, everyone’s using the same Galileo FX bot, but what makes each setup different are the settings — like risk %, take profit, stop loss, and signals. Those control how aggressive or conservative the bot trades. Each line in...

Hi there, That’s actually expected MT5 doesn’t directly show which chart a specific trade came from when you’re running multiple strategies. The best way to track them is to label each strategy (like “Phantom Liquidity” and “Rogue Crater”) and monitor their trades separately — either by the...

Hi there, That’s actually expected MT5 doesn’t directly show which chart a specific trade came from when you’re running multiple strategies. The best way to track them is to label each strategy (like “Phantom Liquidity” and “Rogue Crater”) and monitor their trades separately — either by the...

Hey there! 👋 Good question when you’re running two performances side by side like that, the best way to tell which one’s doing better is by checking the trade history and profit/loss in your MT4/MT5 terminal. Each strategy will open trades with slightly different entry times and sizes, so you...

Hi, The “FIFO requirement” message means your broker follows the FIFO (First In, First Out) rule, which prevents opening multiple trades in the same direction on the same pair before closing the first one. Here’s what you can do to fix it: Increase the Consecutive Signals — this will make...

No, MT5 won’t run while your computer is in sleep mode. Once your PC goes to sleep, all active processes stop including MT5 and your trading bot. To keep your trades running 24/7, we recommend using a VPS (Virtual Private Server). It keeps your trading platform online and active even when your...

Hey! 👋 Both MT4 and MT5 work perfectly fine with Galileo FX there’s no major difference in how the bot performs on either platform. MT5 just comes with a few extra features, like more timeframes, faster backtesting, and a slightly improved interface. That said, MT4 is still one of the most...

Hey! Welcome to trading 👋 Yes, the Galileo presets do work they’re designed to help you get started easily. You can load them directly from the Performance page after downloading. Just make sure you test them first to see which fits your style best. If you ever need help setting things up...

That’s a smart move! Diversifying really helps manage risk it’s all about finding that balance. 👍

Yes, Galileo FX uses optimization. The bot is designed to automatically adapt and optimize its strategy based on the market conditions while following the settings you apply. You can also load tested settings from our Performance Page here: https://store.galileofx.com/pages/performance/