Galileo FX personal

[sigje]

Hi.
1.
Is there a difference in how many currency pairs the personal edition can monitor vs plus or pro?

2.
Can I have multiple pairs going in personal?

3.
Is there any algorithm differences between the versions?
As in how the robot spot trades.

 

[Tjabaha]

2: Yes

 

[Emma]

3. Thats the million dollar question ....We don't know the algorithm behind the robot.
1. You can monitor as much as you can

 

[sigje]

Marketing mentions both AI and Algorithm.
But that seems like inaccurate marketing to me.

Been doing tons of backtesting, and it seems to me like i bought a pricy candle counter.
And counting candles does not require AI or sophisticated algorithms.

 

[Chris]

Hi.
1.
Is there a difference in how many currency pairs the personal edition can monitor vs plus or pro?

2.
Can I have multiple pairs going in personal?

3.
Is there any algorithm differences between the versions?
As in how the robot spot trades.

1: MetaTrader is limited to 20 pairs so that would be your limit. All 3 versions can work on up to these 20 currency pairs.
2:Yes you can.
3:The trading strategy of the bot is as follows:
The trading strategy that buys and sells after a certain number of bullish or bearish signals is based on technical analysis. The robot scans the market in real-time, analyzing charts and looking for patterns based on specific parameters. The strategy is designed to detect consecutive bullish or bearish signals, which are generated by technical indicators, and use these signals to determine whether to buy or sell.

For example, if the parameter is set to 5 consecutive bullish signals, the bot will wait until it detects 5 bullish signals in a row before executing a sell order. The same applies to bearish signals. The strategy is designed to capture inversions of trends in the market and profit from them. The idea behind this strategy is that the more consecutive signals there are, the more likely it is that the trend will reverse.

This type of strategy is commonly used by traders who are looking to automate their technical analysis and make trades based on a set of defined rules. By setting specific parameters for the number of consecutive signals, the robot can make trades that are based on a clear and concise system, reducing the impact of emotions and human error.

In conclusion, the trading strategy that buys and sells after a certain number of bullish or bearish signals is a powerful tool for traders who want to automate their technical analysis and benefit from the scalability and accuracy of a trading robot.

If you guys have any further questions feel free to reach out to support@galileofx.com

 

[jeremy1977]

Are you able to give us settings on even one chart that gives consistent profits?

1: MetaTrader is limited to 20 pairs so that would be your limit. All 3 versions can work on up to these 20 currency pairs.
2:Yes you can.
3:The trading strategy of the bot is as follows:
The trading strategy that buys and sells after a certain number of bullish or bearish signals is based on technical analysis. The robot scans the market in real-time, analyzing charts and looking for patterns based on specific parameters. The strategy is designed to detect consecutive bullish or bearish signals, which are generated by technical indicators, and use these signals to determine whether to buy or sell.

For example, if the parameter is set to 5 consecutive bullish signals, the bot will wait until it detects 5 bullish signals in a row before executing a sell order. The same applies to bearish signals. The strategy is designed to capture inversions of trends in the market and profit from them. The idea behind this strategy is that the more consecutive signals there are, the more likely it is that the trend will reverse.

This type of strategy is commonly used by traders who are looking to automate their technical analysis and make trades based on a set of defined rules. By setting specific parameters for the number of consecutive signals, the robot can make trades that are based on a clear and concise system, reducing the impact of emotions and human error.

In conclusion, the trading strategy that buys and sells after a certain number of bullish or bearish signals is a powerful tool for traders who want to automate their technical analysis and benefit from the scalability and accuracy of a trading robot.

If you guys have any further questions feel free to reach out to support@galileofx.com