Does BoT close trades with below settings? Or keep it open till I close it?

[diffrent.4ever]

Hello @Sanchay / Everyone,

I was working on building an strategy where in simulation it works well and I can see profit but when I applied it to demo account, bot only opens trade and not closing it. It's been three days in observing but no close trade action taken by bot.

I guess I'm missing something. Do I need to set parameters for take profit and stop loss for trade to get closed?

 

[Sanchay]

Yeah I can see the problem you have put everything as "0". I recommend you to learn about the settings here is some help: https://forum.galileofx.com/threads...etter-profitability-a-systematic-approach.37/

Thread 'How to optimize Stop Loss, Take Profit and Lot Size'

Jun 3, 2023

Ready to take your trading to the next level? Galileo FX is your ultimate ally. By integrating essential settings, you unlock its full potential and achieve remarkable results.

Let's start with stop loss and take profit. These parameters manage risk and safeguard your capital. Customize them based on your risk tolerance and the currency pair. For a conservative approach, set a 30-point stop loss and 60-point take profit. If you prefer a more aggressive strategy, increase it to 50 points and 100 points. Adapt them to suit your style and market conditions.

Now, lot sizes. Proper position...

• David
• Replies: 14
• Forum: Settings & Strategies

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