Hi Sanchay, Quantum Pivot Raider-NZDCAD-M5 and Solar Index Surge-SPX500-M15. Thank you
Hey, I have just verified the settings they seem to be correct. I believe the issue could be from your broker's end. Also I recommend you to please use the set files and import the settings to minimize human error.
Thanks, Sanchay. My preference is a setting with the smallest drawdown and greatest consistency over time. I have not found one on the Peformance page (under "Smallest Drawdown") or here ("Conservative") that I would risk real money on, at least nothing more than Lots = 0.01
Hey Noah, I understand your perspective. However, when you change parameters the backtest might change as well. I understand your concerns and for that I will try to post some setting/s with Lots=0.01, will try to make it conservative. Also, I would like to clarify that trading involves drawdowns and same goes with settings or strategies it will have some drawdown some will have profits on the same day and some will not have profits for many days and will suddenly start working.
To make everyone understand the same, I have published many reports here check 10-15 reports by opening the .html file. Some (most) reports will have some lower trading activity after some trades. This is not a consistent behavior or something I or anyone else can change or predict. More aggressive settings will have lower accuracy but higher trading activity and by managing risks they end up profitable. This is just some information that I wanted to provide.'
Hey There,
When I use high consecutive bullish/bearish signals, I don't ever see them trigger. This EUR/USD setting with Consecutive Bullish Signals: 12 and Consecutive Bearish Signals: 11, won't activate a trade for me. I've had settings as low as 7 for both, and they don't trigger on a daily or even a 1H basis. I'm not sure if there is something that I'm not doing right, but the market conditions don't ever seem to get to a point where these conservative settings activate a trade. Granted, that's what we want when we're going for a 'conservative' strategy because the likelihood of a reversal is higher. I'm just finding it hard to believe 11 and 12 signal settings would ever yield results because I've not seen many 11 or 12 consecutive signals.
What am I missing?
Hey there, you are missing timeframe, H1 and Daily timeframes are higher timeframes which have less data. Now even if you set consecutive signal setting to 3 in H1, it means that it will trigger a short/long trade when it gets 3 signals consecutively, for just the sake of this conversation hypothetically, let's assume one signal requires 3 Hours that means for three signals it will require 9 hours at least!! And do not forget
CONSECUTIVELY higher timeframes ensure accuracy but it may also not trigger trades for days or even weeks. Hope i could help!
Can you explain the reports in the attached zipfiles? The data only goes to July 2024, not to current date?
Yeah, it might be for one or two files because the setting might have not generated any signals later on.
Hello Sanchay,
I was just wondering why we don't have a separate private thread for each subscription?
Since most of us don't have idea how to setup the bot properly, why Galileo don't make it like that and update the settings every week or whatever the market is doing? I'm pretty sure all of us if not most of us bought the bot in order for us to get passive income with "set and forget" idea. But if the Galileo support team will have or create a private thread and update it weekly, I'm sure we can follow the settings base on the market conditions. I have a Full Pro package (pro bot, installation and premium settings) but I see no profits coming with all the settings.
Hey again, We aim to avoid spamming the server with multiple threads, making it easier for new users to find and review the content for better learning.
what are the time settings for your recommendations -- m30, h1 etc.? am interested in stellar orbit sync -- if you can let me know great -- also would be interested for all of the updated winning settings -- Thanks! and have a Great weekend -- Rick --
Hey there, each setting comes with their defined timeframes and we ensure we provide it correctly. We dont recommend any timeframe, if you want to do intraday trading then higher timeframes than H1 is not probably a good choice. Thanks for your comment and welcome to the thread.
I agree. If only members (customers) have access to the forum maybe they would more motivated to share. I have not found a "set and forget" setting yet, either from the Performance page or from the weekly recs.
Hey Noah, We don't believe in the "Set and Forget" thing, because it is highly important for you to understand that trading involves high risk and market changes continuously. It is highly unlikely for someone to consistently make money without doing anything.
This is EURUSD H4, I assume, which you have mentioned before. I just backtested with these settings to Sept. 1 and got -.88.10. Did the same with the Galileo rec Aurora Pulse Trend and got -77.29. How do you set the MT to buy only?
I have explained this earlier as well, but here is it again: buy setting Consecutive Bullish Signals to very high the probability of short trade triggering gets extremely reduced, thus making it only buy; vice-versa for sell only. MT4 also features the same in Testing tab.
Bunnie said (above) that she made setting "buy only." Would someone kindly explain how this is done? I see nothing in the setting for either "buy" or "sell."
Check the above message (just the above one)
Thanks everyone for your comments, I understand you guys and I will try my best to provide some good settings either today or by next monday, that suits you guys.
-Sanchay Kasturey
