PRESETS AND BACKTEST RESULT (JUNE 19 -JUNE 23)
- Thread starter Vinz
- Start date
HenktheTank
New member
Hi OJ ! Nice christal ball question u have there 
. I am a newbee too but new on robot issues, not new to Forex. I am reading like a crazy all there is to find about Galileo and so far conclude that there is no miracle setting. It works good once u spot correctly the overlying trend. The overlying trend can be more or less anticipated by MTF analysis. The tests I have done so far give nice results when I determine on H1 the direction. Then I let the bot jump in at the moment it chooses and use following settings : If H1 clearly up I trade on m15 with bull signals 3 to 4 and bears 8 or 10. If the trend is still up but less steep : bulls 1-2 and bears 3-4 and vice versa for a bearish trend. If u tick a number for the lots u can trade depending on your deposit, u dont need to tick the % of risk. I tend to use a stop loss as feel unconfortable trading without. I set it on 50 points and aim for a TP of 200 which I manually manage after the trade is gone in the right direction as very often the bot picks the buy at the very bottom or a sell at the very top of a H1 movement. I welcome any remarks/questions/advice !
. I am a newbee too but new on robot issues, not new to Forex. I am reading like a crazy all there is to find about Galileo and so far conclude that there is no miracle setting. It works good once u spot correctly the overlying trend. The overlying trend can be more or less anticipated by MTF analysis. The tests I have done so far give nice results when I determine on H1 the direction. Then I let the bot jump in at the moment it chooses and use following settings : If H1 clearly up I trade on m15 with bull signals 3 to 4 and bears 8 or 10. If the trend is still up but less steep : bulls 1-2 and bears 3-4 and vice versa for a bearish trend. If u tick a number for the lots u can trade depending on your deposit, u dont need to tick the % of risk. I tend to use a stop loss as feel unconfortable trading without. I set it on 50 points and aim for a TP of 200 which I manually manage after the trade is gone in the right direction as very often the bot picks the buy at the very bottom or a sell at the very top of a H1 movement. I welcome any remarks/questions/advice !Hi, Henk...Hi OJ ! Nice christal ball question u have there
thanks for ur answer and for ur way too setup the bot.
for me now i had a better understanding to backtest and set up for the future...
my strategy for this week u find on myfxbook
