Gettings Started, literally my first day.

[therealwaring]

So I am just getting started and its my first day. I have a trading account open, loaded money to the account. Have my MT5 through Forex setup. Added in my Galileo FX Pro advisor. Found some settings online to use for the different trading symbols. I have algo trading on but its like no trades are happening and I have had trading turned on for a couple hours now. I am assuming there is something else I am missing to get trading going?

 

[Joeboy]

Give it a good 1 day for it to execute trades, and also depends on the settings you input.

 

[therealwaring]

Ok, but shouldn't I see some trade action happening? I don't see anything happening with my money that I put into my trade account?

 

[Joeboy]

depends on what settings are you using, if you lower the value of bullish and bearish signals and use lower time frames you will see many trades which isn't recommended due to risk

Can I see your settings? If it doesn't meet the requirements of the settings you input of course it won't execute trades.

Check this thread as well

Here are some common reasons why Galileo FX might not initiate a trade:

Market Conditions Not Met: Galileo FX follows specific market conditions and parameters to execute trades. If those conditions are not met, the robot will not initiate a trade. For example, if the required consecutive signals for entry are not present, no trade will be triggered. Insufficient...

forum.galileofx.com

 

[jbfreedle]

So I am just getting started and its my first day. I have a trading account open, loaded money to the account. Have my MT5 through Forex setup. Added in my Galileo FX Pro advisor. Found some settings online to use for the different trading symbols. I have algo trading on but its like no trades are happening and I have had trading turned on for a couple hours now. I am assuming there is something else I am missing to get trading going?

Did you ever figure it out? I was getting ready to post the same query, when I saw your post from a month ago. I'm a complete beginner, but I have everything in place. I opened an account with Forex and the customer support rep installed Galileo for me on MT5 three days ago. He said to let it run for 24 hours and then it would start trading by itself. It appeared to be tracking market movements, but after 48 hours, still no trades. Yesterday, everything just stopped (or so it appears to me on my screen). I'm guessing whatever the issue is has to do with my lack of understanding of MT5 and not with Galileo. However, as a complete newcomer to all of this, I am completely dead in the water. I have no idea what to do to make this thing come back to life and start trading. I emailed the the customer support yesterday, but no response yet.

 

[Joeboy]

Did you ever figure it out? I was getting ready to post the same query, when I saw your post from a month ago. I'm a complete beginner, but I have everything in place. I opened an account with Forex and the customer support rep installed Galileo for me on MT5 three days ago. He said to let it run for 24 hours and then it would start trading by itself. It appeared to be tracking market movements, but after 48 hours, still no trades. Yesterday, everything just stopped (or so it appears to me on my screen). I'm guessing whatever the issue is has to do with my lack of understanding of MT5 and not with Galileo. However, as a complete newcomer to all of this, I am completely dead in the water. I have no idea what to do to make this thing come back to life and start trading. I emailed the the customer support yesterday, but no response yet.

Please know that market is down on weekends. To make a better understanding of your issue can you also send a screenshot of your metatrader here? thanks