Updated Winning Settings

[Fritzvanderlaar]

Hey Guys, wish you and your loved ones a happy new year from Galileo FX team.


Hey calisto, The time zone is default GMT +0.


Hey MadDawg, the timeframes are all mentioned inside the zip file kindly check them.


Hi Maerek, If it would be me I would do the following: For day trading I would swap the latest ones and remove the old ones. For SWING and LTI i would change them as per my preference and the performance of the latest one should be better than the already deployed one. Also if you like some asset to be included in the next week's performance report just let us know here in this thread by just mentioning the name and tag me or @Muskan we will try to put it on next monday.



Hey Fritzvanderlaar, I understand you and I somewhat agree however, here is a take. If I am using a dishwasher but some utensils not compatible with dishwasher directly so i may have to open it up adjust a little maybe apply soap manually, etc or something like that, right? but largely dishwasher helps me save time and water while ensuring utensils are cleaner in the reduced efforts. Similarly, galileo fx is a tool that can automate certain use cases completely but for earning more profits with reduced or exactly the risk you are comfortable with you should monitor it. Its a great tool to enhance your trading while ensuring you can do something meanwhile there is no trade, when there is you can be alert and monitor for the time being. I hope I could help you understand it a bit more. Thanks!!

Thanks Sanchay for your reply.
I understand now; Galileo FX is a tool, a program. Not a robot, as mentioned on the site.
Being a program means you can build in more and more features.
For instance, the option to input different signals for up-going- and down-going markets, is one of them

 

[Dev]

Sanchay, Koi acchhi strategy batao tai Robot ka paisa vasul ho sake. Achha sa setting batao

 

[Dev]

Sanchay,
I need clarification on the following points:

(1) How many accounts can the Galileo FX Robot be installed on?

(2) If the robot is installed on one account, can it be switched to another account?

(3) Are the strategies provided by you tested on real accounts or demo accounts?

(4) Which strategy is suitable for a small account of $1000?

(5) I purchased Galileo FX, but I haven't made any profits yet. Can you provide a strategy that can help me make unlimited profits as mentioned on your website, which states that buying the Pro version can lead to unlimited profits?

(6) I've noticed that when I open a buy trade and the market trend changes, reaching a certain level and triggering a sell signal, the robot doesn't open a new sell trade. Instead, it continues with the original buy trade. Similarly, this issue occurs when I open a sell trade. What strategy should I use in such situations?

(7) When the market provides a long rally, either in buy or sell, and offers a large number of pips, how can I take advantage of this situation using the robot? How can I adjust the robot's settings to maximize profits and take full advantage of the long trade?

 

[Wabasso]

This thread is created for sharing the updated settings on a weekly basis for different instruments across different time-frames and different time periods. These settings will also be categorized into conservative, moderate and aggressive for different types of trading styles (Day Trading, Swing Trading and Long Term Investing).

Past 12 months performance for XAU/USD (M30) with $10000 on Conservative mode with Day Trading style:

Lots: 0
Risk (in %): 4.5
Max Orders: 3

Stop Loss in points: 1000
Take Profit in points: 270
Trailing Start in points: 200
Trailing Step in points: 100

Consecutive Bullish Signals: 8
Consecutive Bearish Signals: 10

Attachment Name: XAUUSD-M30.zip

Past 12 months performance for USD/CAD (M5) with $10000 on Moderate mode with Day Trading style:

Lots: 0
Risk (in %): 4.5
Max Orders: 4

Stop Loss in points: 180
Take Profit in points: 190
Trailing Start in points: 120
Trailing Step in points: 30

Consecutive Bullish Signals: 12
Consecutive Bearish Signals: 12

Attachment Name: USDCAD-M5.zip

Past 12 months performance for GBP/USD with $10000 on Aggressive mode with Day Trading style:

Lots: 0
Risk (in %): 3.5
Max Orders: 3

Stop Loss in points: 190
Take Profit in points: 190
Trailing Start in points: 130
Trailing Step in points: 60

Consecutive Bullish Signals: 7
Consecutive Bearish Signals: 10

Attachment Name: GBPUSD-M30.zip

Past 12 months performance for NAS100 with $10000 on Moderate mode with Day Trading style:

Lots: 0
Risk (in %): 4.5
Max Orders: 4

Stop Loss in points: 1260
Take Profit in points: 420
Trailing Start in points: 360
Trailing Step in points: 220

Consecutive Bullish Signals: 9
Consecutive Bearish Signals: 10

Attachment Name: NAS100-M15.zip


Please note that past performance do not guarantee future performance.

-Sanchay Kasturey

Any updates on XAGUSD for FX Pro MT5? thanks..

 

[Sanchay]

Thanks Sanchay for your reply.
I understand now; Galileo FX is a tool, a program. Not a robot, as mentioned on the site.
Being a program means you can build in more and more features.
For instance, the option to input different signals for up-going- and down-going markets, is one of them

Yeah sure, thanks why not. We are definitely looking for feedbacks and we will try our best to incorporate these in our next roll out.

Sanchay, Koi acchhi strategy batao tai Robot ka paisa vasul ho sake. Achha sa setting batao

If possible please keep the chat in english to ensure everyone understands.

Sanchay,
I need clarification on the following points:

(1) How many accounts can the Galileo FX Robot be installed on?

(2) If the robot is installed on one account, can it be switched to another account?

(3) Are the strategies provided by you tested on real accounts or demo accounts?

(4) Which strategy is suitable for a small account of $1000?

(5) I purchased Galileo FX, but I haven't made any profits yet. Can you provide a strategy that can help me make unlimited profits as mentioned on your website, which states that buying the Pro version can lead to unlimited profits?

(6) I've noticed that when I open a buy trade and the market trend changes, reaching a certain level and triggering a sell signal, the robot doesn't open a new sell trade. Instead, it continues with the original buy trade. Similarly, this issue occurs when I open a sell trade. What strategy should I use in such situations?

(7) When the market provides a long rally, either in buy or sell, and offers a large number of pips, how can I take advantage of this situation using the robot? How can I adjust the robot's settings to maximize profits and take full advantage of the long trade?

1. One live account and upto 5 demo accounts
2. Yes, remove from the first one and install on second one
3. The strategies provided by Galileo FX are tested rigorously using both backtesting on historical data and forward testing on demo accounts to ensure reliability and effectiveness under various market conditions. However, the results and strategies shared are typically based on demo account testing due to the nature of automated strategy verification and compliance considerations.Real-account testing is often conducted by users, including testimonials and success stories from clients who have applied these strategies effectively in live trading environments.
4. Conservative strategies with high signal settings value to ensure high confirmation settings with lower expected losses, also set small lot size 0.01 or risk % to 1% or lower. Start in demo to fully understand and then maybe try various setups until you are sure.
5. Unlimited profits are possible with the Pro version, but outcomes depend on market conditions and settings. Follow these steps to optimize your strategy:

• Use the Performance Page to download tested strategies that align with your goals.
• Start in demo mode to test various setups.
• Ensure you are using appropriate risk management settings, like stop-loss and take-profit limits.
  Please remember there are no easy shortcuts in trading so please carefully test multiple strategies in demo until you find your comfort level then explore the same type of settings to make profit.

6. This behavior aligns with Galileo FX's design to prevent conflicting trades. You can:

• Use Long-Only or Short-Only mode to ensure trades align with your chosen direction.
• Increase the consecutive signals requirement to ensure trades occur only under strong trend conditions.

7. To capitalize on long rallies:

• Use the Trailing Start and Step settings to lock in profits as the market moves in your favor.
• Adjust the take-profit level to a higher target while monitoring the trend.
• Choose a strategy optimized for trending markets from the Performance Page.

Thanks dev for asking questions, these will not only help you but other members as well.

 

[Sanchay]

Any updates on XAGUSD for FX Pro MT5? thanks..

I am not sure what you are asking but there are some settings on XAGUSD, you can check performance page: https://store.galileofx.com/pages/performance/

please use filters to find only XAGUSD settings. Thanks

 

[Sanchay]

Hey guys I hope you are doing good. Here are the performance reports for the last week:

1. Cosmic Risk Voyager

This setting is designed for calculated yet exploratory trades, leveraging tight trailing stops and a manageable risk-per-trade ratio. It balances quick profit-taking and controlled losses, ideal for trend-following strategies in volatile markets with room for adjustments.

Trading Style: Day Trading
Trading Mode: Moderate

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 580
Take Profit: 1245
Trailing Start: 375
Trailing Step: 115

Bullish Signals: 5
Bearish Signals: 12

2. Nebula Profit Navigator

This setting focuses on maximizing profits during extended market trends with a balanced risk approach. By using large take profits and bullish-focused signals, it is ideal for swing traders seeking consistency in medium-term trades.

Trading Style: Swing Trading
Trading Mode: Moderate

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 575
Take Profit: 2500
Trailing Start: 1300
Trailing Step: 385

Bullish Signals: 10
Bearish Signals: 3

3. Stellar Precision Orbit

This setting capitalizes on high-accuracy trades with tight stop-loss and take-profit levels, ensuring minimal drawdowns. With a focus on daily trends and balanced signal weighting, it is ideal for precise, disciplined strategies in stable market conditions.

Trading Style: Long-Term Investing
Trading Mode: Conservative

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 600
Take Profit: 600
Trailing Start: 0
Trailing Step: 0

Bullish Signals: 8
Bearish Signals: 4

4. Lunar Trend Scout

This setting thrives in intraday volatility, using tight stop-loss levels and trailing parameters to lock in gains while minimizing losses. It focuses on capturing short-term trends, ideal for traders seeking frequent opportunities with moderate risk exposure.

Trading Style: Swing Trading
Trading Mode: Aggressive

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 265
Take Profit: 1465
Trailing Start: 680
Trailing Step: 165

Bullish Signals: 6
Bearish Signals: 4

5. Solar Apex Trader

This setting is tailored for high-volatility assets like BTCUSD, employing wide stop-loss and take-profit levels to capture substantial market swings. The aggressive trailing parameters allow gains to run while limiting downside exposure, making it ideal for adventurous trend followers.

Trading Style: Long-term Investing
Trading Mode: Conservative

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 241815
Take Profit: 119015
Trailing Start: 35000
Trailing Step: 39500

Bullish Signals: 10
Bearish Signals: 8

6. Galactic Range Seeker

This setting targets medium-term trends in range-bound markets like EURAUD, with balanced risk and reward. Its wide trailing stop and precise signal weighting enable strategic exits while following the market’s rhythm, suited for traders who prefer stability with moderate engagement.

Trading Style: Swing Trading
Trading Mode: Aggressive

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 850
Take Profit: 3350
Trailing Start: 1250
Trailing Step: 750

Bullish Signals: 10
Bearish Signals: 3

7. Orbital Scalper Drive

This setting excels in fast-paced, high-frequency trading environments like TSLA.NAS. With ultra-tight stop-loss and take-profit levels, it is designed to capture rapid price movements while maintaining risk control, ideal for short-term scalping strategies in volatile markets.

Trading Style: Day trading
Trading Mode: Aggressive

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 350
Take Profit: 350
Trailing Start: 50
Trailing Step: 165

Bullish Signals: 4
Bearish Signals: 3

8. Astro Swing Matrix

This setting is tailored for swing traders aiming to capture medium-term trends in GBPUSD. With balanced stop-loss and take-profit parameters, it allows trades to ride market swings while minimizing risk exposure. The trailing logic ensures steady exits during trend reversals.

Trading Style: Swing Trading
Trading Mode: Aggressive

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 295
Take Profit: 585
Trailing Start: 475
Trailing Step: 150

Bullish Signals: 6
Bearish Signals: 3

9. Lunar Gold Pulse

This setting is optimized for XAUUSD, focusing on high-reward trades in trending gold markets. Wide stop-loss and take-profit levels, combined with robust trailing mechanisms, allow trades to capitalize on extended price movements while maintaining steady risk control.

Trading Style: Long-term Investing
Trading Mode: Aggressive

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 1125
Take Profit: 10875
Trailing Start: 2775
Trailing Step: 4800

Bullish Signals: 6
Bearish Signals: 3

10. Nova Tech Horizon

This setting is crafted for MSFT.NAS, targeting medium-term price trends with defined risk and reward parameters. The static stop-loss and take-profit levels ensure simplicity and control, making it an excellent choice for disciplined traders focusing on tech sector volatility.

Trading Style: Swing Trading
Trading Mode: Moderate

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 205
Take Profit: 1645
Trailing Start: 0
Trailing Step: 0

Bullish Signals: 5
Bearish Signals: 4

 

[Sanchay]

11. Celestial Meta Pulse

This setting is tailored for META.NAS, focusing on mid-term trades with well-defined stop-loss and take-profit levels. Designed for stable trends in tech markets, it ensures consistent execution with minimal drawdown, making it ideal for strategic swing traders.

Trading Style: Long term Investing
Trading Mode: Conservative

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 2655
Take Profit: 2905
Trailing Start: 0
Trailing Step: 0

Bullish Signals: 6
Bearish Signals: 3

12. Aurora Tech Surge

This setting is optimized for NVIDIA.NAS, leveraging stable swing parameters to capture medium-term tech sector trends. With firm stop-loss and take-profit levels, it focuses on balancing reward potential with controlled drawdowns, suitable for traders targeting volatility in growth stocks.

Trading Style: Long-term Investing
Trading Mode: Aggressive

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 650
Take Profit: 2610
Trailing Start: 0
Trailing Step: 0

Bullish Signals: 6
Bearish Signals: 3

13. Orbital Forex Tracker

This setting is designed for AUDCAD, focusing on daily market trends with balanced parameters for risk and reward. It combines wide stop-loss and take-profit levels with a trailing mechanism to capture extended price movements while managing drawdowns effectively.

Trading Style: Long-term investing
Trading Mode: Aggressive

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 395
Take Profit: 3195
Trailing Start: 895
Trailing Step: 1250

Bullish Signals: 4
Bearish Signals: 4

14. Europa Swing Orbit

This setting is optimized for EURCAD, targeting mid-term trends with precise trailing and risk management parameters. Its tight stop-loss and dynamic trailing logic allow traders to capitalize on swings while safeguarding gains, making it ideal for active trend-followers.

Trading Style: Swing Trading
Trading Mode: Aggressive

Lots: 0
Risk: 2.5%
Max Orders: 2

Stop Loss: 245
Take Profit: 1385
Trailing Start: 120
Trailing Step: 470

Bullish Signals: 5
Bearish Signals: 3

 

[Joeboy]

I have Galileo running in 2 separate MT5 instances on the same PC using 2 different brokers, seems like it has been running ok on both. Are you saying this could cause an issue?

1 demo on the other and one live account on one would work, but you can only trade 1 live account at a time