An EA that trades the Daily Open pivot line. It buys or sells when a specified moving average crosses it. It takes profit at a set TP, or stop and reverse if it re-crosses the pivot in the opposite direction prior to the TP. I use GMT 00:00 for the Daily Open pivot line.

hello
i am using fxcm macd cross over expert adviser.
my question is,
what does mean by Extend cross=0.5?and how it effects the EA

is it possible to add Rsi as a filter in this EA
thanks
Rizwan Ahmad

Hi Luke

Would it be possible to insert a money management system to these EA's.
A simlpe % of equity would be great.

thanks
Christoffel

Hello Christoffel,

Sure, this is possible. If you want this done, send us an email to consulting@fxcm.com and explain in detail the type of money management system you need.

__________________
FXCM Programming Services
FXCM Servicios de Programacion

Hello Rizwan,

The input "Extendcross" was added to this strategy as a way of making sure that the strategy only takes those signals that are really true crossovers and not just simply crossess between the MACD and MACD SIGNAL which are less than a few fractions of a pip and often times do not represent a clear turn in the market. The default value for this input is 0.5 (1/2 a pip). However, you can adjust this value as whatever you want, and if you wish to disable it, just enter 0.

You can add any type of filter that you want to this EA. Simply send us an email to consulting@fxcm.com and explain which filter you wish to use. We will then send you a quote and if you wish to go forward you will have you'll filter in a few days.

__________________
FXCM Programming Services
FXCM Servicios de Programacion

Is there any better pair for the AO? I run a test on GBP/JPY 4H and it seemed to perform very well over 8 months or so. An better time frame or periodicity?

What do I need to run it live?

Thanks,

Anyone sugest me timeframe and pair to this expert advisor y will like it

Can anyone explain how to open/use these free AE ?
I downloaded the expert and don't know how to operate it.

Can someone clarify the "ExtendCross" variable in some of these EA's? I scoured the internet but couldnt find the meaning. I'm assuming the value implies how much of a crossover is required before an EA places or exits a trade, however the value itself is confusing. Particularly the 2 SMA with ADX EA which has a default value of 0.5. Please help me understand this value and how to adjust it?
Thanks!

Hello FMJ,

ExtendCross represents a pip value that FXCM Programming Services uses in crossover strategies so that clients can set a level of cross they require before they consider a cross a "real cross".

For example, often times when you are trading the cross of two moving averages they cross each other slightly but this cross is brief and does not represent a real opportunity to trade or exit the market. So if you wish to only consider crosses that are greater than 1 pip or even 0.5 pip and ignore false signals then you would assign a value to ExtendCross.

This means that one line has got to cross the other one by the amount of pips you set in ExtendCross. It’s a useful tool to ignore false signals that may come up.

If you wish to disable this feature simply type 0 for extend cross.

__________________
FXCM Programming Services
FXCM Servicios de Programacion

Hello Jose,
Thank you for taking the time to explain sir. I appreciate that. I assumed it was something along the lines of your explaination but I wanted to be sure it was for the SMA cross and not the ADX.
Thanks again!

I just downloaded the EMA_crossover EA. Do you know what is the best timeframe to use for this EA? Thanks, Dennis

Hello,

I downloaded the Parabolic Sar with Alligator EA and am testing it on EURUSD 15M chart. I placed the Gator, Alligator, and PSAR indicators on the chart, using the default settings. I am also getting the smiley face in the upper right hand corner. I am using the default EA settings, except I have it set for a 25 pip stop, and 50 pip take profit. It hasn't taken a trade yet, but I have gotten a few error 130 messages. Here are a few of questions:

1) do the indicators need to be on the chart in order for the EA to trade?
2) if I change the paramters of the indicators showing on the chart, will the EA trade according to the settings I chose?
3) Does the PSAR trigger (for instance) a long trade only if the Alligator is currently indicating a long condition, or do the triggers associated with the PSAR and Alligator have to occur at the same time in order for the trade to take place?
4) Does the exit take place upon an opposite signal, even if the stop or take profit have not been hit yet?
5) Does the PSAR trade signal only occur at the end of a candle, or during?
6) Why isn't the EA trading?

Thanks,
Bonemeister

Has anyone compiled any kind of performance data on these EAs? timeframes and other settings that achieve a more optimal performance?