Yeah its good that you mentioned this, if you download presets from performance page we already provide MT 5 and MT 5 presets separately. Make sure you load the correct presets.
Thanks for mentioning this.
Hello community members,
This week is very important for USD because of the FOMC meeting on 16-17 September. It will affect the USD dominance globally and hence we are already seeing spikes in GOLD and Crude.
I believe EURUSD can also be a valid currency pair to look for trades, mainly because...
To change the settings on a chart where you have applied Galileo FX EA:
1. Right click on the chart and select Expert Advisor > Properties
2. If you have a .set preset files then you can import the correct MT 4 / MT 5 by pressing the load button.
3. If you dont have any preset file you can...
You’re seeing “Hedge is prohibited” because your broker/account doesn’t allow holding buy and sell positions on the same symbol at the same time. Your configured settings are making EA to open a buy on EURUSD while you still have sell positions open, so the platform rejects it.
hi @mgpaulus I can not directly recommend you about what to put in Risk % or Max Orders however i can tell you how do they work and you can adjust them according to your needs. For Risk in %, This setting tells the trading bot (like Galileo FX) how much of your account balance to risk on each...
Hey we dont have USDCNH yet, and thanks for pointing it out but soon we will try to include this as well for our example settings. You can watch this thread for learning from the example settings...
For solving all your broker related queries now Galileo FX has this amazing tool which has all brokers that are not only compatible but also regulated and registered: https://store.galileofx.com/pages/brokers
Yup you got it right, to get the best results you should chose "Every Tick" or "Every Tick based on Real ticks" for ensuring you replicate the best data available to simulate real market like conditions before taking any trade.
Hi, i can not advise or recommend you a trading setup or any financial advise. Although i can confirm yes Galileo FX EA is a contrarian tool which takes Buy trade after "X" no of consecutive bearish signals and takes a Sell trade after "Y" no of consecutive bullish signals
We also have many...
Hi @Darevan69
To load the settings in MT 4:
1. Right click on the chart you have applied the EA on, and click on Expert Advisor > Properties.
2. You will see a similar window as shown in the image, click on Load Button
3. A file picker will open, please open the correct MT 4 settings you want...
Hey there,
I can not recommend how you should adjust your settings or trading setup. But i can definitely share some good resources which you can read and understand how settings work:
https://forum.galileofx.com/threads...r-data-shows-about-galileo-fx-settings.15263/...
I dont particularly see it as a benefit rather a risk of overdiversification; this is because using same asset chart and running multiple instances might result in high number of trades and at the same time meaning if the asset moves against the trade the whole account might blow up very fast...
Hey @Enola and @LongYang767
It’s a safety lock.
What it is: “Allow Modification of Signal Settings” controls whether the strategy’s signal parameters are locked to your preset or can be changed while the EA is running.
When OFF: Signal parameters stay exactly as saved. On-chart controls and...
hi kodyb,
There are a lot of profitable example settings with their performance records available at our performance page: https://performance.galileofx.com/
You can use filters to select any currency pair, crypto pair, etc available and you can test this on demo first before deploying on a...
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