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

Ash:
Did you also get stopped out on the US/CAD long form 5/1? Thanks

Jim

Ash,

pip nailer rules are made into a indicator form, that can be attached to a window?????

Hello Ash!

Thank you for a very good system! Tell me, please, can I trade with this system on 4hr tf or 1d tf if my deposit is near 500 usd? Is it risky or unreal?
Just your opinion.

Thanks.

exited with 20 did not want to leave unattended and had to leave saw bear candle and price action so took Pips. I rather take small then give back. If any one can show more wins than losses when auto trading.... PLEASE post...tried all tweaks..with all pairs... this way and that way... one way or another.... with SL and TP settings.... results always have been negative on auto. Would be glad to be proven otherwise. Always over 7 of 10 winners when manually trading m30 plus TF's

NICE CATCH pipsnagger. sad i missed it sleeping lol. but i see the signal on ibfx and fxdd. was a sick move lol.

there was a chf/jpy 4h trade too. singal on ibfx not on fxdd. these 4h signals were nice

Yea too bad I had to go. Have to stick around my monitor on the H4 hits would have been up 80 plus...on it. Sometimes the big Pipfish get's off the hook. Another worm and another cast...next

2008.05.08 14:20:34 PipNailer DashBoard_v1.4 GBPJPY,H1: Alert: Sell USDJPY 103.79 (PipNailer DashBoard Signal_D1 14:20)

Stuck to the TP rules on this one +30. Shift signal 0 get's you in early.

So the PSAR is default setting, how about the AO & AC values?
I load the template but no values setting for AO & AC? so it is also default?
Do we enter example a SELL when the FIRST PSAR dot appears above candle AND AO = red AND AC = red?

Or Do we enter SELL when the PSAR dot appears above (does not matter first PSAR dot or 2nd or third) AND the AO & AC = red?

yes defaults for AO and AC see post 675 for clarification. Hope it helps. Here is a picture of the template.

2008.05.08 23:57:09 PipNailer DashBoard_v1.4 GBPJPY,H1: Alert: Sell USDJPY 103.86 (PipNailer DashBoard Signal_D1 23:57)

Don't suggest trading this during the Asian session when it is slow but got lucky on this price movement. Normally these peter out at this time of day and 30 pips is not as reasonable of an expectation.

pipsnagger, nice grabs. i hope you get into that usd/jpy trade you showed on your dashboard example!

So, just for FUN AND GIGGLES! and NOT to be taken as a real modification to this system, but! check out plugging in imrans template with pipnailer. Gives a few good target profits for MM(like exiting on daily s1s2 r1r2 levels, 200 ema) and the lags are fun to look at!
Same as imrans setup, when the lags are at the top it could be time to drop and vice versa. I also look at the red lag and see where its pointing. CHeck out this usd/jpy for a full sell. and this aud/cad5m has the red lag pointing up and pipnailer buy.

Hi SwingMan,

Thanks for the indi pipdash.... I would like to add the pair in the pipdash.

Please advise how to do it ?

Thanks n Regards,
MS

Hey forexmoments, thanks for the nice system.

I will use this to confirm signals I get from another system I trade with, Just got a nice signal that would have been a smaller winner on the AudJpy for a short, but its always best to wait till around london open after the market opens i guess.

Anyway, Cheers swingman for the Dashboard, using v1.4. I had an idea for an indicator you guys could use, for those of you who are setting the Dashboard alert setting for ShiftSignals = 0 to get the signal early so you can have those extra few minutes to analyze things and make a better trading decision.

I've attached a indicator, credits go to Nittany1 from another forum just incase he's here for posting it originally, it just shows you on whatever timeframe you are on how many minutes and seconds left till the candle closes, so we can know exactly when to enter the market to get the best price.

Just put it into your indicators directory and fire it up, it should show up as text in the top left of your charts.

Hope someone finds this useful, it certainly helps me.

Just change as desired make sure you have correct syntax and commas same for the EA within the editor

Heres my chart, my first trade using this system, but i cross checked my signal across some of my other systems and price was breaking through some good resistance and looked like it was definately heading up, so i bought, made just under 80pips?!

Great trade i think. Total beauty.... EurJpy Long on the 15m

Wo ho ho! Excellent trade!

I am very anxious to use this strategy but it and MT4 are both new to me so slow-I-go. Two questions:
1. The Dashboard indicates how the 3 indicators line up on a particular pair, it does not enter the pr. automatically, right?
2. I have conflicting notes on this one and can't find the original posts: does the AC & AO bars have to change colors from the preceding bars or just agree in color between the two (along with a PSAR reversal of course)?
Thank you for a great thread and reading it made a very rainy Sat pass quickly plus I now know my descretionary observations stink, I need a more mechanical strat. such as this. Thank you all

forexmoments,

yes an excellent trade, I agree. But was it a trade according to the rules.....?

Kind regards

Forex37