Who is making consistent profits?

[Sandy]

How much is your Balance? and how much is your Floating? My settings are optimized for $500

floating -2.90, balance 500

Also spread for AUD/CHF is 2.3 and EUR/GBP is 3

 

[Vinitrader]

floating -2.90, balance 500

If it's on a demo acc you can try them the DD was also calculated less than 30%

 

[Vinitrader]

floating -2.90, balance 500

Also spread for AUD/CHF is 2.3 and EUR/GBP is 3

 

[Mdmunnjr]

Hello everyone.

I've been using Galileo since July and still can't find any consistency. I've used the recommended settings, the settings that come with it, and I've also purchased the EU premium settings. I've had some good moments but really no success and I've tested just about everything. Has anyone been successful? Has anyone found settings that are consistent? Any challenges passed? I'm finally reaching out for help before I stop using the bot. And I've even used a bunch of advice from this community. ANy advice would be greatly appreciated.

 

[Vinitrader]

Hi Mdmunnjr, I've posted some settings of my own. Now I'm testing just 3 pairs on hankotrade broker. I don't recommend it neither work for them, just found it with very low spreads and fast execution (ECN). Today's update....

 

[Vinitrader]

End of the month, so far so good.... Taking profits manually, even though it's a Demo acc the purpose is to simulate a real account. Nice weekend !!!

 

[DavidLee35]

TP: 200 SL:200 Consecutive bullish signals: 3 Consecutive bearish signals: 3
View attachment 1353

are you using max order

 

[lister]

End of the month, so far so good.... Taking profits manually, even though it's a Demo acc the purpose is to simulate a real account. Nice weekend !!!

hi, does your settings same in every day or you need to change it depending on the trend

 

[Dreene]

End of the month, so far so good.... Taking profits manually, even though it's a Demo acc the purpose is to simulate a real account. Nice weekend !!!

I missed the settings for USDCAD. I saw the others. I'm trying them on a demo acc. Will let you know what my platform does.

 

[Dreene]

I missed the settings for USDCAD. I saw the others. I'm trying them on a demo acc. Will let you know what my platform does.

Sorry - I have USDCAD. Missing GBPJPY

 

[Ajil07]

As I mentioned on my first post, each broker has its own historical data. It's important that you choose one that has low spreads and fast execution because I've tested same pairs, same .set files with diferent brokers and the results aren't the same. With this in mind here you have my .set files. Please tell me your results and broker's name and spreads used, so I can make some kind of interpolation. Best regards.

Can I use this in MT4 and the broker Im using is CMC markets?
I was using the fast setting and it was earning during the first week. However, on the second week, it is not and is not consistent.

 

[lister]

Can I use this in MT4 and the broker Im using is CMC markets?
I was using the fast setting and it was earning during the first week. However, on the second week, it is not and is not consistent.

maybe because of the market trend that is changing its direction if im not wrong. well i hope theres a support from the team at least 2 to 3 currency per week for a profitable settings for us who are new in trading

 

[Vinitrader]

hi, does your settings same in every day or you need to change it depending on the trend

The purpose was to SET-IT-AND-FORGET-IT thus small earnings but constantly. That's why I used 3 months for optimizing considering bullish and bearish conditions.

 

[Vinitrader]

Updating..... Just TWO pairs...
Spread for AUDCHF = 0.5 pips (floating) Daily chart = STRONG DOWNTREND with Beautiful pull-ups consistent with Fibonacci levels
Spread for EURGBP = 0.5 pips (floating) Daily chart = RANGING Consecutive Bullish = 8 , Consecutive Bearish = 8

I hope this works for you !!!

 

[deltaga73]

thanks for sharing , im trying both as of now ,ill let you know (on a live account)

 

[Vinitrader]

Hi good morning can you share what settings did you used for those pairs,coz mine is not profitable enough
Thanks

Hey Brando! I have changed settings for the robot. They are somewhere here

 

[Vinitrader]

Hello everyone.

I've been using Galileo since July and still can't find any consistency. I've used the recommended settings, the settings that come with it, and I've also purchased the EU premium settings. I've had some good moments but really no success and I've tested just about everything. Has anyone been successful? Has anyone found settings that are consistent? Any challenges passed? I'm finally reaching out for help before I stop using the bot. And I've even used a bunch of advice from this community. ANy advice would be greatly appreciated.

I've just posted new settings.

 

[Alex Trader]

Updating........

You set the trailing stop, right?

 

[Vinitrader]

You set the trailing stop, right?

Yes, so if sudden movement -up or down- you protect some earnings.

 

[Morgan]

Here's how robot trading typically works:

1. Data Analysis: The trading system gathers and analyzes various types of market data, such as price movements, volume, technical indicators, and news sentiment.
2. Strategy Formulation: Traders or developers create specific trading strategies based on the analyzed data. These strategies could be trend-following, mean-reversion, arbitrage, or any other quantitative approach.
3. Algorithm Development: Developers code the trading strategies into algorithms or trading scripts that can be executed by a computer program.
4. Automation: The robot trading system continuously monitors the markets and applies the programmed algorithms to make trading decisions.
5. Order Execution: When the system identifies a trading opportunity based on its predefined rules, it automatically sends orders to the market to buy or sell assets.

So it's not money making machine it should be used conservatively and responsibly in order to get the best results and to be profitable every month!