Optimizing the Galileo FX bot for better profitability - A systematic approach

[Vinz]

View attachment 2718

what timeframe is that, you can lower down also your no. of bullish and bearish and please lower down your lotsize

 

[Vinz]

is there anyone that can provide me with good settings for a handoff setup. I am running EURUSD premium settings with H4 and I have no transactions for the past week.

lower down your no of bullsh and bearish no.

 

[zozo6015]

to what value?

 

[zozo6015]

The values I get looks like this BULLISH/BEARISH EUDUSD=7/2, USDJPY=6/4, XAUUSD=7/5

 

[Eddmensahs]

@David,

Some of us are new and inexperienced traders.With your submission above,kindly share some profitable presets for the premium settings with us to have a good start. Eg for EUR/USD, XAUUSD, XAGUSD,USDCHF and their timeframe for your testing

Hello Nana, have you found any settings that work yet? Kindly let me know, please

 

[eversorimpium]

Or you can use metatrader editor to read the GFX file and see the code settings if you are into coding a bit.

Where is the GFX file you are speaking of?

 

[Rologabam]

Oh and the bullish and bearish settings should both be set to 3.

 

[sniper]

Hello everyone, on a 15M timeframe, what are the optimal hours to operate the EA with XAUUSD?

 

[Vinz]

Oh and the bullish a

Hello everyone, on a 15M timeframe, what are the optimal hours to operate the EA with XAUUSD?

yes you can use it as for my preference I use m5,m15, m30 and H4 FOR SWING TRADIBG

nd bearish settings should both be set to 3.

 

[ajackson9503]

hi just wait a moment i will give you possible presets for this week im just finalizing everything

Hello, is this by chance a pinned comment ? I'd like to see the presets you are talking about in this thread.

 

[Joeboy]

Hello, is this by chance a pinned comment ? I'd like to see the presets you are talking about in this thread.

Hello ajackson, you can check this thread https://galileofx.community.forum/threads/presets-may-20-24-2024.444/

or

Recent Trading Performance: Galileo FX Over Last Week (MyFxBook verified with settings)​

https://galileofx.community.forum/threads/recent-trading-performance-galileo-fx-over-last-week-myfxbook-verified-with-settings.6/page-99#post-5871

 

[ajanm]

Next, I put on my lab coat and do some backtesting on MetaTrader 5. It's a nifty platform that lets me test how Galileo FX would have performed using historical market data. Though remember, as any wise trader will tell you, past performance is not indicative of future results. But as Warren Buffett says, in business, looking at the past is a good way to predict the future.

When backtesting in MT5... what settings do you use for "Delays", "Modelling", etc?
Also, do you use the "Optimiztion" feature? If so... what options do you use there?

Thanks!
-AJ

 

[ajanm]

YOU MAY DOWNLOAD TICKSTORY LITE FOR MORE ACCURATE BACKTESTING

What is this and where does it come from??
-AJ

 

[TMic]

Hi, does anyone know how to stop he bot from almost exclusively trying to sell uptrends? It's driving me mad. I just want it to buy. I can't find the right settings. Thanks!

 

[Ruto]

me too ! Gallileo sets BUY trades when it gets the amount of bearish signals and SELL trades when it gets bullish signals.
It would be helpful , if the Signals Galileo "sees" would be visualised

 

[TMic]

I have reached out to customer support. No matter how I adjust the settings. It keeps on trying to time reversals instead of just going with the trend. Debiliitating. Straight question: Does anyone here manage to get consistent profitable settings?

 

[wjesudas]

My Galeleo also buys when the trend is down and sells when the trend is up. Any cure?

 

[Ruto]

Guys ... make a screenshot like this one and write to the support. I am pretty sure this is a bug ! The robot sets exactly the wrong trades. Buy and Sell trades are exchanged.
with this setup it should make only buy trades, but makes only sell trades

 

[Ruto]

Guys, I am pretty sure this is a bug. Buy and sell trades are exchanged.
with this setup the robot should make only buy trades, but makes only sell trades ....

 

[Ruto]

Hey , all you with this Issue. Bombard the support ! I am on it since friday and they didn´t forwarded it to the development !!!
UNBELIEVABLE !