Recent content by RoboBobAI

What timeframes?

What do you want to do, trade long, short or both? High number on bearish means go short. High number on bullish means go long. For example: Long Bearish 4 Bullish 50+ Short Bearish 50+ Bullish 4 Mixed Bearish 4 Bullish 4

Just add a big number for long or short. I

You are welcome.

No, wrong. You must understand the bigger picture. Geopolitical, US economy. Gold is on a 10 year bull run. Avoid going short. Wait for the pullbacks and place buy order. The bot only works excellent when you know to make it trade in the right direction.

https://forum.galileofx.com/threads/how-to-adjust-consecutive-signals-based-on-market-trends-scalping-day-trading-and-swing-trading.43/post-7740

Here is for bullish trend

No vice versa. If you set bull 4 it will do a sell trade after 4. What you want to go long is bear 4 because then after 4 bear it makes a buy after 4

On xauusd

No I can add how many bull bear I want. I just put 500 in the direction I do not want to trade. For example if I only want to go long I set consequat bull to 500 (just take any high number you wish so it don't do trades in the "wrong" direction) For bear I put 4 According to deep backtesting has...

Tradingview is better than mt4/mt5 for technical analysis. To have high winratio on Galileo you must know when an asset is overbought or oversold. With rsi and mfi indicator you come a long way. You can have three indicators on one chart in the free version of Tradingview

Galileo is effective because it can perform lot of trades instead of one sitting and buying and selling all the time. But yes this bot is not for beginners

The bot does not do any technical analysis. It only executed trades based on bullish and bearish candles in a row. You must perform your own technical analysis based on rsi, mfi, stochastic oscillator, nadaraya watson etc. The bot works well if you combine it with your own analysis before...

These settings are irrelevant. Always adjust your settings following the current market situation. Stay well informed about market news and geopolitical. Generic settings that can perform in all market conditions do not exist. Also learn to use technical indicators such as rsi, mfi, stochastic...