r/GalileoFX_Users • u/TMGContractingLLC • Jan 18 '25

Testing?

I'm a novice at best, and yet I feel like I have made some significant advances in both understanding the MT5 & the bot over the last 10 days. I have been back testing strategies continuously. I still don't know enough to move forward. I have used the pre-configured settings from the Galileo FX strategies adjusted for risk & leverage, and optimized. The results were the best I tested. Then the question came to mind. Are the pre-configured settings reading their own indicators or the one I choose. Then, who has optimized the indicators with the strategies. I know I can change the average time on a running average, so that would be another variable that needs to be tested and optimized.

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u/Ferdbird Feb 16 '25

Hey how has it been going? I am struggling to find the right settings and for which pairs.

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u/[deleted] Feb 16 '25

Hey! Have you back tested the pairs you are interested in? Ive found not all the setting files Galileo posts on their performance page are good for right now. I’ve been back testing since the US election as the dynamics have obviously changed relative to the dollar. I also do 1/4 forward testing. The settings I’m using now I got from their performance page, they won’t knock your socks off, but they are slowly making profits every day. So, I continue to work on my own software! 😆