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"The Pip Nailer". Any time frame, any pair

  • #221
  • Jan 23, 2008 12:48pm Jan 23, 2008 12:48pm
Quoting azjeff
Hi Forex,

I just came across your thread and I think it is a very good thread. Would you mind telling me what pairs you look at?

Thank You,
Jeff
Thank you for your kind words.

Honestly my friend, I look across all pairs on the IBFX platform. But primarily, the majors, the */JPY pairs.
  • #222
  • Jan 23, 2008 12:48pm Jan 23, 2008 12:48pm
Quoting pip_bagger
I was sort of hoping that comment might squeak by......

Well, honestly, the system I am thinking of doesn't take losses - it will simply blow up your account every 18 to 24 months. That, in essence, would be a loss.

So...... I suppose there is no free lunch.
Knew there had to be a catch, hehe.
  • #223
  • Jan 23, 2008 1:09pm Jan 23, 2008 1:09pm
hey traders.

great system, but can anyone tell me in wich pairs and what time frame is better to use it??????


HT
  • #224
  • Jan 23, 2008 1:14pm Jan 23, 2008 1:14pm
Quoting lebvirus
hey traders.

great system, but can anyone tell me in wich pairs and what time frame is better to use it??????


HT

The BEST timeframe to use this system is on the Daily. And do not use it below H1, unless you are familiar with Support and Resistance.

It works on ANY currency pair.

Good luck.
  • #225
  • Jan 23, 2008 1:19pm Jan 23, 2008 1:19pm
Quoting forexmoments
The BEST timeframe to use this system is on the Daily. And do not use it below H1, unless you are familiar with Support and Resistance.

It works on ANY currency pair.

Good luck.
ok, thank u forexmoments, and happy trading.
  • #226
  • Jan 23, 2008 6:47pm Jan 23, 2008 6:47pm
Quoting pip_bagger
I was sort of hoping that comment might squeak by......
Well, honestly, the system I am thinking of doesn't take losses - it will simply blow up your account every 18 to 24 months. That, in essence, would be a loss.
So...... I suppose there is no free lunch.
just set your SL some gazillion pips away. For most decent systems and conditions, you'll get you tp eventually. Or your account might disappear before that ever happens...
  • #227
  • Jan 23, 2008 6:48pm Jan 23, 2008 6:48pm
Quoting BenScoobert
I let it run automated last night justout of curiosity on a demo acc
M15 M30 H1 and D1, heres the result

737232382008.01.22 06:45sell1.73audusd0.85590.85740.85492008.01.22 06:470.85740.000.000.00-259.50
737093592008.01.22 05:46sell1.33usdchf1.10861.11041.10722008.01.22 06:551.11040.000.000.00-215.60
737003492008.01.22 05:00sell0.93gbpchf2.15302.15592.15102008.01.22 06:042.15100.000.000.00167.74
736941352008.01.22 04:30sell0.42gbpusd1.93841.94291.93432008.01.22 06:001.94030.000.000.00-79.80
736686922008.01.22 02:00buy0.10usdjpy106.17105.84106.472008.01.22 02:30106.470.000.000.0028.18
736686822008.01.22 02:00buy1.91eurgbp0.74370.74290.74422008.01.22 02:280.74290.000.000.00-296.87
736684912008.01.22 02:00buy0.69eurusd1.44461.44171.44732008.01.22 04:441.44170.000.000.00-200.10
736684042008.01.22 02:00sell1.58usdchf1.10951.11121.10822008.01.22 06:211.10820.000.000.00185.35
736683032008.01.22 02:00buy0.21gbpjpy206.25205.20207.212008.01.22 04:27205.200.000.000.00-208.18
736637262008.01.22 01:45buy0.76gbpusd1.94331.94051.94572008.01.22 02:141.94050.000.000.00-212.80
736586942008.01.22 01:30buy1.84eurchf1.60211.60061.60322008.01.22 01:461.60320.000.000.00182.46
736224432008.01.21 23:00buy0.49euraud1.68161.67641.68602008.01.22 01:191.67640.000.000.00-218.95
What's the bottom line?
  • #228
  • Jan 24, 2008 1:14am Jan 24, 2008 1:14am
Quoting 6pack
What's the bottom line?
Bottom line is, don't use the EA 24/7 on the lower timeframes. Because of course the EA also trades during news times, plus it doesn't account for Support and Resistance levels!
  • #229
  • Edited 2:06am Jan 24, 2008 1:55am | Edited 2:06am
We got a signal on the daily gbpchf charts last night

also on usdchf and gbpjpy according to my experts log, however i got errors 146 and 4109

the 4109 i forgot to let it allow trading and the 146 didnt place as the gbpchf one was in progress


ff can the ea be modified to accomodate and retry until its placed?
  • #230
  • Jan 24, 2008 2:04am Jan 24, 2008 2:04am
Quoting BenScoobert
We got a signal on the daily gbpchf charts last night
Well done Ben! Already made some nice pips.
  • #231
  • Jan 24, 2008 2:14am Jan 24, 2008 2:14am
Quoting BenScoobert
We got a signal on the daily gbpchf charts last night

also on usdchf and gbpjpy according to my experts log, however i got errors 146 and 4109

the 4109 i forgot to let it allow trading and the 146 didnt place as the gbpchf one was in progress


ff can the ea be modified to accomodate and retry until its placed?
im looking at my chart for gbpjpy daily, my ea said a signal but i dont see it, its not a signal, it is 2 reds but the psar is below and not above
any ideas?
a glitch in the ea?
  • #232
  • Jan 24, 2008 4:40am Jan 24, 2008 4:40am
Quoting lebvirus
hey traders.

great system, but can anyone tell me in wich pairs and what time frame is better to use it??????


HT
why don't people read through the thread, where the answers already lay, before they post these same questions time and time again ? Leb, not having a go at you individually, but if 'traders" aren't prepared to put a minimum of work in for themselves, they'll never be "traders"
  • #233
  • Jan 24, 2008 11:29am Jan 24, 2008 11:29am
Quoting forexmoments
Well done Ben! Already made some nice pips.

Unbelievable, it stopped 1 pip short of the ea stop limit then went all bullish!!

I can see why you say dont auto trade it.
  • #234
  • Jan 24, 2008 7:40pm Jan 24, 2008 7:40pm
Quoting BenScoobert
We got a signal on the daily gbpchf charts last night

also on usdchf and gbpjpy according to my experts log, however i got errors 146 and 4109

the 4109 i forgot to let it allow trading and the 146 didnt place as the gbpchf one was in progress


ff can the ea be modified to accomodate and retry until its placed?
The EA lacks the polish of a commercial system, I'll certainly give you that. There really isn't any easy way to deal with failed tickets. I could cobble up some spaghetti code as a bandaid but I think this is a case where it's more trouble than its worth. Sorry. Perhaps another coder with a bigger bag of tricks could lend a hand?
  • #235
  • Jan 25, 2008 2:26am Jan 25, 2008 2:26am
I wish I could understand the ea script!!!!

Got 2 signals overnight

D1 GBPUSD
H4 USDCHF 0800
  • #236
  • Jan 25, 2008 2:48pm Jan 25, 2008 2:48pm
Quoting BenScoobert
I wish I could understand the ea script!!!!

Got 2 signals overnight

D1 GBPUSD
H4 USDCHF 0800
And both winners, although I did close 1 early just b4 market close.
71 pips altogether, take a bow ash
  • #237
  • Jan 27, 2008 1:28pm Jan 27, 2008 1:28pm
Quoting BenScoobert
Unbelievable, it stopped 1 pip short of the ea stop limit then went all bullish!!

I can see why you say dont auto trade it.
Sorry for the lack of updates guys, was busy over the past couple of days.

Hey Ben, sometimes these things happen. Pain in the **** when it does, but have faith in the system my friend, and we'll make pips.
  • #238
  • Jan 27, 2008 1:33pm Jan 27, 2008 1:33pm
Quoting rathcoole
why don't people read through the thread, where the answers already lay, before they post these same questions time and time again ? Leb, not having a go at you individually, but if 'traders" aren't prepared to put a minimum of work in for themselves, they'll never be "traders"
For those individuals entering the Pip Nailer thread somewhat belatedly, then I suggest that the first thing you do before you ask any questions is to read the entire thread.

Then if you still have questions, by all means, go ahead and ask.
  • #239
  • Jan 27, 2008 4:12pm Jan 27, 2008 4:12pm
Quoting BenScoobert
im looking at my chart for gbpjpy daily, my ea said a signal but i dont see it, its not a signal, it is 2 reds but the psar is below and not above
any ideas? a glitch in the ea?
Quoting Flying Fish
The EA lacks the polish of a commercial system, I'll certainly give you that. There really isn't any easy way to deal with failed tickets. I could cobble up some spaghetti code as a bandaid but I think this is a case where it's more trouble than its worth. Sorry. Perhaps another coder with a bigger bag of tricks could lend a hand?
I've noticed some inconsistencies as well. Many thanks to Flying Fish however for creating the EA. But I have always advised people not to trade with EA's anyway. I dunno, I guess it's the fear factor of leaving my money in the hands of a robot. I feel much more at ease when I'm in control of everything. I don't need nor want a robot to be playing with my hard earned money whilst I sleep... safer not to trade in my opinion.

Obviously there are some hardcore programmers and fans of autotrading on these forums, and they'll completely disagree with me. But I respect their viewpoint.
  • #240
  • Jan 27, 2008 7:20pm Jan 27, 2008 7:20pm
Quoting forexmoments
I've noticed some inconsistencies as well. Many thanks to Flying Fish however for creating the EA. But I have always advised people not to trade with EA's anyway. I dunno, I guess it's the fear factor of leaving my money in the hands of a robot. I feel much more at ease when I'm in control of everything. I don't need nor want a robot to be playing with my hard earned money whilst I sleep... safer not to trade in my opinion.

Obviously there are some hardcore programmers and fans of autotrading on these forums, and they'll completely disagree with me. But I respect their viewpoint.
Ash, great thread and system you have started here. FF great job at coding. Everything is spelled out in plain english in the pdf at the beginning. Very easy to follow and simple. KISS- the only way to trade

KC
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