EUR/USD - 27% profit - 2 days

[Ajil07]

Hello Emma,
I hope you are well. I am a newbie at trading and tried setting up the bot using my Demo account. However, it does not start buying or selling and it puts an order. Does this mean it will not buy or sell if it doesn't hit the entry price? I also ticked long & short for this. I am quite unsure of how to use the only long and only short option.
Thank you.

 

[Alex Trader]

This is very useful especially for newbies, so I will put it here:
Examples of Timeframes:

M1 = One trade per minute
M5 = One trade every 5 minutes
M15 = One trade every 15 minutes
M30 = One trade every 30 minutes
H1 = One trade every 1 hour
D1 = One trade every 1 day
Consecutive Bullish/Bearish Signals Explanation: This is the most critical setting of GalileoFX. It instructs the software when it should buy or sell. If it’s set low (1–3), the bot will trade with higher risk and higher reward. If it’s set high (7–10), GalileoFX will make fewer trades.

Examples of Consecutive Bullish/Bearish Signals:

High Risk: Consecutive Bullish/Bearish Signals = 1 to 3
Medium Risk: Consecutive Bullish/Bearish Signals = 3 to 6
Low Risk: Consecutive Bullish/Bearish Signals = 7 to 10

 

[Alex Trader]

Hello Emma,
I hope you are well. I am a newbie at trading and tried setting up the bot using my Demo account. However, it does not start buying or selling and it puts an order. Does this mean it will not buy or sell if it doesn't hit the entry price? I also ticked long & short for this. I am quite unsure of how to use the only long and only short option.
Thank you.

Maybe you did not set it properly.... check again step by step your setup

 

[Emma]

Hello Emma,
I hope you are well. I am a newbie at trading and tried setting up the bot using my Demo account. However, it does not start buying or selling and it puts an order. Does this mean it will not buy or sell if it doesn't hit the entry price? I also ticked long & short for this. I am quite unsure of how to use the only long and only short option.
Thank you.

Usually all new Galileo members forgat to turn on "auto trading" or " algo trading" on mt5 ...it is an on your trading platform on the top side, and you should turn it on in order to let your robot work...

 

[Ajil07]

Usually all new Galileo members forgat to turn on "auto trading" or " algo trading" on mt5 ...it is an on your trading platform on the top side, and you should turn it on in order to let your robot work...

Hello Emma, I turned on my auto trading on MT4 since I started last night and there is a smiley sign on my upper right hand of the chart since then, but I cannot understand is that there is no movement on the trading.

 

[Ajil07]

Maybe you did not set it properly.... check again step by step your setup

Hello Alex,
I will review again the video on how to setup and check again my setup. Thank you.

 

[Ajil07]

This is very useful especially for newbies, so I will put it here:
Examples of Timeframes:

M1 = One trade per minute
M5 = One trade every 5 minutes
M15 = One trade every 15 minutes
M30 = One trade every 30 minutes
H1 = One trade every 1 hour
D1 = One trade every 1 day
Consecutive Bullish/Bearish Signals Explanation: This is the most critical setting of GalileoFX. It instructs the software when it should buy or sell. If it’s set low (1–3), the bot will trade with higher risk and higher reward. If it’s set high (7–10), GalileoFX will make fewer trades.

Examples of Consecutive Bullish/Bearish Signals:

High Risk: Consecutive Bullish/Bearish Signals = 1 to 3
Medium Risk: Consecutive Bullish/Bearish Signals = 3 to 6
Low Risk: Consecutive Bullish/Bearish Signals = 7 to 10

Hello Alex,
Does this mean that if the trend of the currency is going downwards, I need to trade fast or aggressive settings in order to buy and set it up for only long?
Then, once it starts going up then tick long and short positions for MT4 then auto trade? Thank you.

 

[VuleV]

My results with regular fast settings and my own managing risk. 27% profit in a two days.View attachment 194

Amazing results, Emma, do you recommend EurUsd as a your first priority pair?

 

[VuleV]

I also have trades for today

View attachment 232

Can you please just one more time, share you Gold settings?

 

[Emma]

Amazing results, Emma, do you recommend EurUsd as a your first priority pair?

Not necessarily as a priority pair, you can trade all the others, I have found nzdusd very profitable in a trending market

 

[RaffyPh]

Hello Emma. I purchased the PRO, it came with optimized settings. So, I'm now a bit confused which one I should follow. The downloaded settings or the ones posted here https://store.galileofx.com/blogs/instructions/galileo-fx-settings

 

[Brando]

Can you please just one more time, share you Gold settings?

Mr Vinz please share your gold settings,thank you

 

[Ajil07]

Maybe you did not set it properly.... check again step by step your setup

Hello Alex, I think it is working now. I tried the fast setting.

 

[RaffyPh]

Hello Alex, I think it is working now. I tried the fast setting.

What timeframe are you using? 30m?

 

[Alex Trader]

Hello Alex, I think it is working now. I tried the fast setting.

Great!

 

[VuleV]

Robot trading, also known as algorithmic trading or automated trading, is a method of executing orders in financial markets using pre-defined rules and algorithms. These rules are typically programmed into a computer or trading software to automatically buy or sell assets, such as stocks, bonds, currencies, or cryptocurrencies, without the need for direct human intervention. Robot trading systems are designed to analyze market data, make trading decisions, and execute trades with speed and precision. Robot profitability could be tested and GAlileo has a huge back testing results publicly offered on myfx book, that is how I got interest in this robot. I love the robot and really like the people who invented it, and I can only aplaude for this huge and good job that they done with the robot. But from the other hand it is as well crucial to mention especially to new kids on the block, that only if you trade responsible you can make profit every month. In other words don't try to make 100 percent profit every day.