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

  • #861
  • Jun 2, 2008 1:50pm Jun 2, 2008 1:50pm
if you see any H4 or D1 nailed signals in the making please post them here
  • #862
  • Jun 2, 2008 2:27pm Jun 2, 2008 2:27pm
Only one I found over 17 most common pairs:

http://i47.photobucket.com/albums/f2...djpynailed.gif
  • #863
  • Jun 2, 2008 2:57pm Jun 2, 2008 2:57pm
USD/CHF, H1, couple of hours ago.
Attached Image (click to enlarge)
Click to Enlarge Name: usd_chf_02_june_h1_nailed.gif Size: 32 KB
  • #864
  • Jun 2, 2008 8:18pm Jun 2, 2008 8:18pm
Quoting doblece
Only one I found over 17 most common pairs:
OzFX signal also shows a short on CADJPY daily
  • #865
  • Jun 3, 2008 7:07am Jun 3, 2008 7:07am
Quoting dengzhi
OzFX signal also shows a short on CADJPY daily
Because OzFX also adheres partly to Bill Williams.
  • #866
  • Jun 3, 2008 4:37pm Jun 3, 2008 4:37pm
AUD/JPY Nailed, H1. Two signals in 2 days.
Attached Image (click to enlarge)
Click to Enlarge Name: aud_jpy_nailed.gif Size: 34 KB
  • #867
  • Jun 3, 2008 10:24pm Jun 3, 2008 10:24pm
what i can say with this system is WOW!

i'm going to fwd live test with this system....VERY EASY! and good to add pip to my accounts....

forexmoments.......just wanna know from your experience......

1. what is the winning percentage of this system?
2. are you using swingman dashboard v1.4 for monitoring the trade and then go to the chart for confirmation?
3. i believe you still maintain the configuration parameter for PSAR as in post #1 isnt it (0.02,0.2)?
4. where re you coming from forexmoments?......

i m from Malaysia.
bujal38
  • #868
  • Jun 4, 2008 6:48am Jun 4, 2008 6:48am
Quoting bujal38
what i can say with this system is WOW!

i'm going to fwd live test with this system....VERY EASY! and good to add pip to my accounts....
Thanks for your compliments dude. Look forward to your forward tests.

Winning percentage is very subjective, but 60% is looking good. But NOT on the lower timeframes. H1 and above.
  • #869
  • Jun 4, 2008 2:06pm Jun 4, 2008 2:06pm
Quoting forexmoments
AUD/JPY Nailed, H1. Two signals in 2 days.
Make that 3 signals in 3 days. Not bad going.
Attached Image (click to enlarge)
Click to Enlarge Name: aud_jpy_nailed.gif Size: 35 KB
  • #870
  • Jun 5, 2008 6:11am Jun 5, 2008 6:11am
just demo it...
but i dont know wheter this going to be a winner or a loser....
because it is very simple......i just got into it.....

forexmoments....are you trade real money with this strategy?

up to today, i dont know what lies behind the PSAR.....what actually it try to shows?

2 signal... audusd n chfjpy - both is sell (tf 1hr)
  • #871
  • Edited 2:45pm Jun 6, 2008 11:05am | Edited 2:45pm
hi,

I have just started to look at this system. No doubt it is a good system. I have been looking thru on how the indicators change as time changes. I have been looking at a couple of pairs too. I am no programmer, but if someone could program it into an EA it would be good.

Is it possible to program for the EA to initiate a position based on the Parabolic SAR direction after confirmation of the direction.There could only be 6 possibilities. Example:-

PSAR turns from buy to sell, AC turns from green to red and AO is green/red.
PSAR turns from buy to sell, AC is green/red and AO turns from green to red.
PSAR turns from buy to sell, AC turns from green to red and AO turns from green to red.
PSAR turns from sell to buy, AC is turns from red to green and AO is red/green.
PSAR turns from sell to buy, AC is red/green and AO turns from red to green.
PSAR turns from sell to buy, AC turns from red to green and AO turns from red to green.

Leave the Lots, stop loss, take profit points, trailing stop all as variables tht the user can change according to their style.

Need not have any money management or risk etc.

Indirectly the system will initiate a position based on the PSAR with the confirmation of at least 1 of the other 2 indicators. And of course the position will be initiated at the opening price after the confirmation bar of the PSAR with the indicator.

This way i see will work in small targets, example:- GBP/Yen=50 pips, USD/CHF=30 pips, GBP/USD=40 pips, Eur/USD=30 pips etc.

This way is not refined yet as I am still monitoring.I am no programmer, but does anyone here able to program it? Appreciate it much.TQ in advance.
  • #872
  • Jun 6, 2008 2:09pm Jun 6, 2008 2:09pm
Quoting bujal38
just demo it...
but i dont know wheter this going to be a winner or a loser....
because it is very simple......i just got into it.....

forexmoments....are you trade real money with this strategy?

up to today, i dont know what lies behind the PSAR.....what actually it try to shows?

2 signal... audusd n chfjpy - both is sell (tf 1hr)
both hit SL
  • #873
  • Jun 6, 2008 2:41pm Jun 6, 2008 2:41pm
System also worked on NFP.
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd_nailed.gif Size: 29 KB
  • #874
  • Edited Jun 7, 2008 8:22am Jun 6, 2008 11:13pm | Edited Jun 7, 2008 8:22am
Quoting samuel84
hi,

I have just started to look at this system. No doubt it is a good system. I have been looking thru on how the indicators change as time changes. I have been looking at a couple of pairs too. I am no programmer, but if someone could program it into an EA it would be good.

Is it possible to program for the EA to initiate a position based on the Parabolic SAR direction after confirmation of the direction.There could only be 6 possibilities. Example:-

PSAR turns from buy to sell, AC turns from green to red and AO is green/red.
PSAR turns from buy to sell, AC is green/red and AO turns from green to red.
PSAR turns from buy to sell, AC turns from green to red and AO turns from green to red.
PSAR turns from sell to buy, AC is turns from red to green and AO is red/green.
PSAR turns from sell to buy, AC is red/green and AO turns from red to green.
PSAR turns from sell to buy, AC turns from red to green and AO turns from red to green.

Leave the Lots, stop loss, take profit points, trailing stop all as variables tht the user can change according to their style.

Need not have any money management or risk etc.

Indirectly the system will initiate a position based on the PSAR with the confirmation of at least 1 of the other 2 indicators. And of course the position will be initiated at the opening price after the confirmation bar of the PSAR with the indicator.

This way i see will work in small targets, example:- GBP/Yen=50 pips, USD/CHF=30 pips, GBP/USD=40 pips, Eur/USD=30 pips etc.

This way is not refined yet as I am still monitoring.I am no programmer, but does anyone here able to program it? Appreciate it much.TQ in advance.
Here
















On another note: how are you all exiting your positions? Are you all using the recommended high/low? Fixed TP/SL? Trailing Stop? ATR-based stop?
Attached File(s)
File Type: mq4 Pipnailer2.mq4   10 KB | 450 downloads
  • #875
  • Jun 7, 2008 4:46am Jun 7, 2008 4:46am
Quoting Ronald Raygun
Here

On another note: how are you all exiting your positions? Are you all using the recommended high/low? Fixed TP/SL? Trailing Stop? ATR-based stop?
Hi,

Thank you very much for the EA.I will be testing it from next week onwards on a demo. I am not using the recomended exit strategy as I see there may be few signals in a sense. Using the method I mentioned above on entering into a trade, I noticed there are higher chances of exiting with a profit, though small but it is more frequent. I am using fixed TP and S/L and TSL.I give an example:-

EUR/USD
tp is set at 25-30 pips.
sl is set at 30 pips.
tsl is set at 20 pips.

No doubt there would be losing trades using this way, but higher chances of winning round the clock.
Some ways to reduce the lost would be only running the EA only on certain time range, example 2pm-12am (GMT +8).
I would suggest to use this method also if possible with a broker with low spreads.
Also, small fixed lots are suggested to be used to reduce the risk.

P.S. forexmoments, credits should go to you also for giving an insight on the actual method to use these indicators together, as frankly I have nvr use them before.
  • #876
  • Jun 7, 2008 4:56am Jun 7, 2008 4:56am
Ronald,

May I know what are these for? In the sense, what do they do?

extern bool MoveStopOnce = False;
extern int MoveStopWhenPrice = 50;
extern int MoveStopTo = 1;
extern bool CloseOnOppositeSignal = True;

TQ.
  • #877
  • Jun 7, 2008 7:02am Jun 7, 2008 7:02am
Answers in bold

Quoting samuel84
Ronald,

May I know what are these for? In the sense, what do they do?

extern bool MoveStopOnce = False; Enables/Disables MoveStopOnce
extern int MoveStopWhenPrice = 50; Trigger Price
extern int MoveStopTo = 1; MoveTo Price
extern bool CloseOnOppositeSignal = True; Close the trade if you see the opposite signal, and open a new trade according to the signal.

TQ.

Using the default as an example:

When the price hits 50 pips profit, the stoploss will be moved to BE + 1 assuming that this stoploss is a tighter stoploss than the existing stoploss.
  • #878
  • Jun 7, 2008 7:40am Jun 7, 2008 7:40am
In backtest this EA does not open a trade. Why is that?

Quoting Ronald Raygun
Here
















On another note: how are you all exiting your positions? Are you all using the recommended high/low? Fixed TP/SL? Trailing Stop? ATR-based stop?
  • #879
  • Jun 7, 2008 7:51am Jun 7, 2008 7:51am
You should check your parameters more often. =D

I purposely set the lot size to 0 to prevent people like you from blindly putting my EAs on charts or backtests and eventually blaming me for blowing up your account.
  • #880
  • Jun 7, 2008 8:00am Jun 7, 2008 8:00am
You should check ea more often. I set the lots to 1 and it still opens no trades


Quoting Ronald Raygun
You should check your parameters more often. =D

I purposely set the lot size to 0 to prevent people like you from blindly putting my EAs on charts or backtests and eventually blaming me for blowing up your account.
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