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

  • #641
  • Apr 21, 2008 12:30am Apr 21, 2008 12:30am
2008.04.21 06:05:51 PipNailer EA_MP_MTF_v2.1 GBPJPY,H1: open #94124976 sell 0.10 GBPUSD at 1.9994 sl: 2.0011 tp: 1.9981 ok
2008.04.21 05:55:06 PipNailer EA_MP_MTF_v2.1 GBPJPY,H1: open #94122867 buy 0.10 GBPJPY at 207.60 sl: 207.43 tp: 207.77 ok

Anybody get nailed candles on any time frames for these 2 pairs on GMT
Could not find anything close please verify I am using IBFX
  • #642
  • Apr 21, 2008 9:25am Apr 21, 2008 9:25am
[quote=SwingMan;1955473]Update ExpertAdvisor PipNailer EA_MP_MTF_v2.1
- I hope to correct the bug for small StopLosses. I have also added an additional point to the StopLevel + Spred.
- It gives the input parameter "Show_Alerts" to send or no the error messages.

(Please consider that the EAtester currently is not identical with the EA_MP_MTF)


Update Indicator PipNailer iSignals_v2
- To avoid repainting, the signals in this version are calculated only for the last 300 Bars. Please check the signal (re)painting.


Hi Swingman

I still new to the method and learning ...........i would like to place my trades and manage them manually please could you tell me whether pipnailer dashboard v1.5 would be a good place to start to get a few alerts so that i don't have to keep flcking through all the charts? would i use default settings?

thanks for your help
cheers
kim
  • #643
  • Apr 21, 2008 9:33am Apr 21, 2008 9:33am
Hi Ash

I have read through all the posts and wonder whether the rules are still the same from post 1? i.e. when all 3 requirements are met on the same candle are you still taking the trade from the close of that candle or are you entering the trade straight away?
also....could you please clarify one other thing for me...........one of the conditions for exiting the trade is when the bars change colour but what happens if the very next bars are different colours ? would this mean to abandoned the trade ? not even enter it at all?

cheers
kim
  • #644
  • Apr 21, 2008 11:40am Apr 21, 2008 11:40am
yes, use dashboard1.5 and the conditions are still the same. all must happen on same candle then enter on open of next candle.
about when the ao/ac having already been changed on the 2nd candle i tend to take the trade anyway, but i sit in front of my cpu all day so.
  • #645
  • Apr 21, 2008 11:45am Apr 21, 2008 11:45am
Quoting RaverStyleTim2
yes, use dashboard1.5 and the conditions are still the same. all must happen on same candle then enter on open of next candle.
about when the ao/ac having already been changed on the 2nd candle i tend to take the trade anyway, but i sit in front of my cpu all day so.

thanks raverstyle i will give it a try......i also sit with pc all day so i will monitor it. how are you finding things? any suggestions or pointers?

cheers
kim
  • #646
  • Apr 21, 2008 11:56am Apr 21, 2008 11:56am
dashboard finds it for me lol. just keep the sounds up lol.
if i get a signal for e/j to rise, i look to see if the arrows next to all the euro crosses are looking up, and the yen crosses to be looking down. it helps when everythings moving the same direction.
  • #647
  • Apr 21, 2008 12:05pm Apr 21, 2008 12:05pm
Kimmy
This may save you some time. Contains one indicator and nine '.chr' files.
Put the chr files in a folder then into the 'profiles' folder in MT4 and the indicator as normal into MT4.
enjoy
R


Quoting kimmy
Hi Ash

I have read through all the posts and wonder whether the rules are still the same from post 1? i.e. when all 3 requirements are met on the same candle are you still taking the trade from the close of that candle or are you entering the trade straight away?
also....could you please clarify one other thing for me...........one of the conditions for exiting the trade is when the bars change colour but what happens if the very next bars are different colours ? would this mean to abandoned the trade ? not even enter it at all?

cheers
kim
Attached File(s)
File Type: zip New Folder.zip   10 KB | 468 downloads
  • #648
  • Apr 21, 2008 1:22pm Apr 21, 2008 1:22pm
eur/chf
Attached Image (click to enlarge)
Click to Enlarge Name: tim.gif Size: 14 KB
  • #649
  • Apr 21, 2008 4:38pm Apr 21, 2008 4:38pm
nzd/usd daily pin. anyone else in on th is? forexmoments? No whick on the nailedbar and someone here said they have better results when the nailebar has no whick/tail
Attached Image (click to enlarge)
Click to Enlarge Name: tim.gif Size: 14 KB
  • #650
  • Apr 21, 2008 4:51pm Apr 21, 2008 4:51pm
Visual Backtests:

Sorry for the delay in reporting on the "Visual Backtests." I've been quite busy over the past week. So far I have only had time to complete visuals on two pairs that I reported on earlier (visuals are very time consuming).

These are my findings for the period starting from the beginning of this year up until the end of March on the 1 Hour charts only for the EUR/USD and the USD/CHF. I'm sure that everyone was expecting that the results wouldn't be as great as I had previously reported.

Data: (Using the 'PipNailer' system as recommended) No human intervention.

Number of 'Nailed' Candles per pair hasen't changed: 22 for the EUR/USD and 12 for the USD/CHF
Total number of 'Nailed' Candles: 34
Total number of Winners: 10 (Taking profit)
Total number of Losers: 24 (Getting Stopped out before taking profit)
Winning percentage = 29%


Data: ('PipNailer' system with slight modification) Entering trade on the 'Nailed Candle' as soon as the indicators have all changed color.

Number of 'Nailed' Candles per pair is the same as above
Total number of Winners: 20 (Taking profit)
Total number of Losers: 14 (Getting Stopped out before taking profit)
Winning percentage = 59%

The Modification:

- One has to enter a trade right away (in the proper direction of course) as soon as the candle is 'Nailed'. This of course means that the AO, AC and P-SAR all have to change to the same color at the same time from a different color (as Ash has tried to impress upon us numerous times).
- Do not wait for the candle after the 'Nailed' candle to place your trade.
- Enter the trade with a 30 PIP S/L (from the start of the 'Nailed Candle' and a 30 PIP T/P from the time of the trade.
- Results will be as noted above. 59% of the time you will be in a profit situation!

I also found that with the slight modification there could be a gain of 10 to 50 pips per trade (if you were using the 'PipNailer' exit strategy) over waiting for the candle after the 'Nailed Candle' to enter the trade.

Time permitting I will attempt to do 'visuals' on the other pairs that I have previously mentioned.

Hope this info helps out.

Goss
  • #651
  • Apr 21, 2008 8:01pm Apr 21, 2008 8:01pm
Hi Tim:
I have IBFX, i think it's the same as Ash, and I don't have that PSAR change or the change on the other two indicators. Maybe Ash couldn't enlighten. Keep up the postings, they are quite helpful.

Jim
  • #652
  • Apr 21, 2008 8:58pm Apr 21, 2008 8:58pm
Hi, Did anyone else's charts signal a long on AUD/CAD on 4/17 on 12:00 candle, going long at close of candle. Please tell me if I'm right that was a losing trade according to the rules, no big deal, all systems lose, it's part of trading, just want to be on same page as others using IBFX. Should the SL be the close of the nailed candle or the bottom. Thanks everyone for a great forum.

Jim
  • #653
  • Apr 21, 2008 9:27pm Apr 21, 2008 9:27pm
Hello Goss,

your work is very much appreciated. Thanks so much.

Cheers
  • #654
  • Apr 21, 2008 10:04pm Apr 21, 2008 10:04pm
Quoting bigjim1958
Hi, Did anyone else's charts signal a long on AUD/CAD on 4/17 on 12:00 candle, going long at close of candle. Please tell me if I'm right that was a losing trade according to the rules, no big deal, all systems lose, it's part of trading, just want to be on same page as others using IBFX. Should the SL be the close of the nailed candle or the bottom. Thanks everyone for a great forum.

Jim
this one
Attached Image (click to enlarge)
Click to Enlarge Name: pipnailer audcad m5 ibfx.gif Size: 18 KB
  • #655
  • Apr 21, 2008 10:08pm Apr 21, 2008 10:08pm
Quoting Pipsnagger
this one
sorry wrong chart this was the only long for the day was it on the 5m or another tf
Attached Image (click to enlarge)
Click to Enlarge Name: pipnailer audcad m5 ibfx 2.gif Size: 19 KB
  • #656
  • Apr 22, 2008 12:24am Apr 22, 2008 12:24am
Quoting RaverStyleTim2
dashboard finds it for me lol. just keep the sounds up lol.
if i get a signal for e/j to rise, i look to see if the arrows next to all the euro crosses are looking up, and the yen crosses to be looking down. it helps when everythings moving the same direction.

thanks for your advice !!
cheers
kim
  • #657
  • Apr 22, 2008 12:25am Apr 22, 2008 12:25am
Quoting rorieu
Kimmy
This may save you some time. Contains one indicator and nine '.chr' files.
Put the chr files in a folder then into the 'profiles' folder in MT4 and the indicator as normal into MT4.
enjoy
R
thanks rorieu .....very kind of you and i appreciate it !
cheers
kim
  • #658
  • Apr 22, 2008 3:44am Apr 22, 2008 3:44am
Quoting rorieu
Kimmy
This may save you some time. Contains one indicator and nine '.chr' files.
Put the chr files in a folder then into the 'profiles' folder in MT4 and the indicator as normal into MT4.
enjoy
R

wondering what is it??

post the graph of it??


sonic
  • #659
  • Apr 22, 2008 7:53am Apr 22, 2008 7:53am
See post #286
rorieu


Quoting sonicdeejay
wondering what is it??

post the graph of it??


sonic
  • #660
  • Apr 22, 2008 8:21am Apr 22, 2008 8:21am
hello all

been trying out the dashboard today version 1.5.........can anyone tell me why the pop up messages do not always coincide with the dashboard?
also are the signals intended to be acted upon immediately at the price that pops up or is it to wait for the next candle in that timeframe?

cheers
kim
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