scrappyjedi
Member
Bob, did you drag it onto the chart of your selected item to trade!
Starting the Robot beyond installation
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Bob, I would highly recommend that you contact our support@galileofx.com to sort this out
I learned something today. With Forex demo accounts, algorithm trading must be enabled by them. Again, this is only for demo accounts, not live ones. I am waiting for confirmation of this enable, and then I hope to see some trades happening. Hopefully this will be useful information to others/newbies.
Bob
Bob
I am still having trouble getting this bot to even make a dollar. Right now, I am on the eur/usd M1 Every time the bot sells something, the journal shows a SL and TP commensurate with the buy or sell price, but, if I look at the trade tab, ALL orders have the SL and TP the same as the last trade. What is going on? Doesn't each trade retain its original SL and TP? Am I doing something wrong? If I am buying in an up in a bull market, the TP line keeps going up and I will never take profits as no trade will every reach the new TP if the bot keeps buying!
Sanchay,
Here is the trade tab. Note how the SL & TP are the same for the two trades yet the purchase price is different. Maybe this is just a bug. Below is the journal what contradicts the trade tab. It also doesn't help that the times are different, one is the exchange time (CET), and the other is local time (EDT). I've also included the trade parameters and history. I just changed the parameters this morning, I cut the SL & TP in half.
One more note, last night when I complained about the SL & TPs, I had no limit on the # of trades. It sold a bunch of contracts, but I could not buy due to "hedge" restrictions. I later changed them to 1 and then later this morning to 2.
Question; does the spread loss effectively bring in the SL & TP lines? I seemed to SL out of a position and the trade was not (visually) near the SL line.
Bob
Here is the trade tab. Note how the SL & TP are the same for the two trades yet the purchase price is different. Maybe this is just a bug. Below is the journal what contradicts the trade tab. It also doesn't help that the times are different, one is the exchange time (CET), and the other is local time (EDT). I've also included the trade parameters and history. I just changed the parameters this morning, I cut the SL & TP in half.
One more note, last night when I complained about the SL & TPs, I had no limit on the # of trades. It sold a bunch of contracts, but I could not buy due to "hedge" restrictions. I later changed them to 1 and then later this morning to 2.
Question; does the spread loss effectively bring in the SL & TP lines? I seemed to SL out of a position and the trade was not (visually) near the SL line.
Bob
Last edited:
NJDfan1711
New member
I might be having the same problem, but not positive based on your description. I opened a case with Support because every single trade the EA places for me, regardless of the execution price, the SL and TP are all the same. This is obviously not how it should work, the SL and TP prices should reflect the price that the trade was executed at.
me too
Yes, very confusing.
If you look closely on the chart, there is a microscopic blue and red mark directly above and below the microscopic arrow. Those are the SL & TP for that particular order. Unfortunately you can't change the size of those marks. But yes, it is disturbing that on the trade tab they are all the same representing the last SL &TP generated. the journal will have the SL & TP values, and from there, it seems the orders are close at the correct price.
You can change colors of the bars, and you can add an ask bar, but since the spread is between bid and ask, not sure why they can't show bid as well. There should be another column showing the P&L including the spread cost. After all, it is a fundamental part of your profit. I am not sure how anybody makes money here. If you trim you lot size you reduce your profit. There is a mix of pip and dollars, the time between the journal and the trade times are different time zones, WTH? Maybe MT5 is better? I doubt it. I paid a lot of money but the app seems lacking.
It also bothers me that I can't see an indicator showing the number of, and where the bull signals are happening. It helps to see that so you can adjust your strategy. I would love to see the candlesticks numbered as the signals accumulate. When I first started, I was confused as to what a bullish signal does. I assumed it buys, but no, it sells, assuming it is looking for a turnaround. The logic is OK, but some of the descriptions seem conflicting. It should be marked next to bullish, "issue sell order".
Bob
If you look closely on the chart, there is a microscopic blue and red mark directly above and below the microscopic arrow. Those are the SL & TP for that particular order. Unfortunately you can't change the size of those marks. But yes, it is disturbing that on the trade tab they are all the same representing the last SL &TP generated. the journal will have the SL & TP values, and from there, it seems the orders are close at the correct price.
You can change colors of the bars, and you can add an ask bar, but since the spread is between bid and ask, not sure why they can't show bid as well. There should be another column showing the P&L including the spread cost. After all, it is a fundamental part of your profit. I am not sure how anybody makes money here. If you trim you lot size you reduce your profit. There is a mix of pip and dollars, the time between the journal and the trade times are different time zones, WTH? Maybe MT5 is better? I doubt it. I paid a lot of money but the app seems lacking.
It also bothers me that I can't see an indicator showing the number of, and where the bull signals are happening. It helps to see that so you can adjust your strategy. I would love to see the candlesticks numbered as the signals accumulate. When I first started, I was confused as to what a bullish signal does. I assumed it buys, but no, it sells, assuming it is looking for a turnaround. The logic is OK, but some of the descriptions seem conflicting. It should be marked next to bullish, "issue sell order".
Bob
