Ok. Maximum Order...
When you open a chart (say AUDUSD) and it's on the 5 minute chart...
In your settings, if you have Galileo Max Orders on "1" - then when the bullish or bearish signal is triggered, Galileo will buy/sell.
Since your setting is on ONE (1), that is the only trade Galileo will open on the AUDUSD 5 min chart.
However, if you have your settings on (2). Then,
Galileo will open the initial position on the AUDUSD. And then, 5 minutes later it will check the chart to see if the bullish and bearish signals are still in play.
If they are, then Galileo will buy a second time on the AUDUSD chart.
HERE IS THE DANGER: (And, I will do a Video about it),
If your Max Order is on say (5), it will open the initial position, then
Every 5 minutes it will check the chart to see if the bullish and bearish signals are still good. If they are, then
Galileo will buy FOUR MORE TIMES on the AUDUSD.
YOU DO NOT WANT THAT TO HAPPEN....
It is best if you place your Max Order on (1) ONE
When Galileo opens a trade on the AUDUSD (or any other chart) then it will not buy again till it closes out the initial position.
Then, after it closes out the initial position, it will check the chart for the next buy or sell signals....
I have a Youtube Playlist where I teach about Galileo if you are interested.
This is the LINK
Also, I have a private Discord for people who use Galileo to communicate more easily with one another:
This is the LINK
And, this is my Trading Journal with the most up-to-date settings for Galileo for my favorite currencies.
This is the LINK
Hoped this helped,
The Common Sense Investor (CSI)
