"The Pip Nailer". Any time frame, any pair | Page 52 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies

Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies

"The Pip Nailer" (EA - MTaboneWeb) 74 replies

How to run one on more than one pair and time Frame at the same time? 1 reply

Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies

Attachments: "The Pip Nailer". Any time frame, any pair
Exit Attachments

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

  • #1,021
  • Jul 9, 2008 9:38pm Jul 9, 2008 9:38pm
thanks mtaboneweb
  • #1,022
  • Jul 9, 2008 10:20pm Jul 9, 2008 10:20pm
hi
we had a nailed candle on ej , the ea didnt take the trade the next candle .
thanks
imad
  • #1,023
  • Jul 9, 2008 10:59pm Jul 9, 2008 10:59pm
Quoting imad
hi
we had a nailed candle on ej , the ea didnt take the trade the next candle .
thanks
imad
Not on my chart (FXDD). The AO and AC were both green before the dot went under the bar. Am I wrong or do the rules say they all have to change on exactly the same bar. Long would be were completed bar has dot below and also the AO and AC turned green on that bar specifically as well. Then enter on the new bar. Am I wrong?
  • #1,024
  • Jul 10, 2008 2:41am Jul 10, 2008 2:41am
Hello everyone. I have been reading the last few pages of this thread (equivalent to a month or so of posting) and all I can find is talk about EA's, but no talk on actual trades and results. So here's my question, is anyone out there actually trading this system at the moment?

I want to know because it seems like many good systems have been doing lousily in the last few weeks because of a rather choppy market. So I wanted to know how's the Pip Nailer coping with the times. Anyone?

David
  • #1,025
  • Jul 10, 2008 8:42am Jul 10, 2008 8:42am
I haven't really checked all my charts but the EA found a nailed candle for EUR/GBP last night. First trade closed with TP, second updated to break even and riding around +33.

Dot, AC, and AO all agreed on the exact same candle.

Forexmoments,

Is this true to your system?
Attached Image (click to enlarge)
Click to Enlarge Name: 2008-07-10.gif Size: 61 KB
  • #1,026
  • Jul 10, 2008 8:43am Jul 10, 2008 8:43am
I know I'm not forexmoments, but yes, that IS a nailed candle
  • #1,027
  • Jul 10, 2008 8:49am Jul 10, 2008 8:49am
Quoting Ronald Raygun
I know I'm not forexmoments, but yes, that IS a nailed candle
Cool, thanks.
  • #1,028
  • Edited 10:25am Jul 10, 2008 9:56am | Edited 10:25am
Indeed. On post 18 it says:

Quoting Forexmoments
a Nailed Candle is one where all three indicators have to line up on EXACTLY THE SAME CANDLE. If not, then it's simply not a valid entry.
  • #1,029
  • Jul 10, 2008 10:07am Jul 10, 2008 10:07am
To whom are you referring?
  • #1,030
  • Jul 10, 2008 10:26am Jul 10, 2008 10:26am
Quoting Ronald Raygun
To whom are you referring?
Sorry. I edited my former post. Didn't see it was a H1 chart and thought the last candle was the one being discussed.
  • #1,031
  • Jul 10, 2008 11:04am Jul 10, 2008 11:04am
Quoting mtaboneweb
I haven't really checked all my charts but the EA found a nailed candle for EUR/GBP last night. First trade closed with TP, second updated to break even and riding around +33.

Dot, AC, and AO all agreed on the exact same candle.

Forexmoments,

Is this true to your system?
Absolutely.

Quoting Ronald Raygun
I know I'm not forexmoments, but yes, that IS a nailed candle
Spot on.
  • #1,032
  • Jul 10, 2008 2:43pm Jul 10, 2008 2:43pm
EA closed the 2nd trade because both AO and AC had changed to green. Not bad at all for a pair like the EUR/GBP.

Both had changed to red on the close of the previous bar and so the trade was closed on the open of the last bar shown. This is the exit rules correct?
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.gif Size: 63 KB
  • #1,033
  • Jul 10, 2008 2:59pm Jul 10, 2008 2:59pm
mtaboneweb
hi
a nailed candle is when the dot and ac and ao change at the same candle , the next one is the entry .
thanks
imad

ps: are you going to fix the ea , to follow the exact rules ?
  • #1,034
  • Jul 10, 2008 3:33pm Jul 10, 2008 3:33pm
Quoting imad
mtaboneweb
hi
a nailed candle is when the dot and ac and ao change at the same candle , the next one is the entry .
thanks
imad

ps: are you going to fix the ea , to follow the exact rules ?
That is exactly what it does now. Notice the aqua vertical line on the chart is the nailed candle and then the entry on the next candle?

I've added a magenta line as well to show you the closed bar that made the decision to exit the 2nd trade because the 1st had already hit the TP. Second take profit when the AO and AC have both changed red in this case since it was a long trade. On exit they do not have to change on the same bar only once they've both agreed in color.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp2.gif Size: 29 KB
  • #1,035
  • Jul 10, 2008 8:12pm Jul 10, 2008 8:12pm
Hi mtaboneweb, is the ea from your post #1015 ?

To forexmoments, could u upload the last ea that follow your exact rules in the 1st post?
Because I find more than one EA in this thread.
Thanks in advance
  • #1,036
  • Jul 10, 2008 9:00pm Jul 10, 2008 9:00pm
Quoting duyduy
Hi mtaboneweb, is the ea from your post #1015 ?

To forexmoments, could u upload the last ea that follow your exact rules in the 1st post?
Because I find more than one EA in this thread.
Thanks in advance
I wrote the "PipNailer_AutoTrader.ex4" EA and yes it is post 1015.
  • #1,037
  • Jul 14, 2008 8:32pm Jul 14, 2008 8:32pm
The last thread unfortunately was flagged as spam and has been moved to the Recycle bin. I got a little excited and tried to create threads for my other EAs as well since I felt doing this was a great way of separating the EA from the systems. I just did too many in a short time and...

Things are now straight so please post any EA specific things on this thread...

http://www.forexfactory.com/showthread.php?t=96117

Thanks again to forexmoments for the system all all those who've supported this EA.
  • #1,038
  • Jul 14, 2008 8:46pm Jul 14, 2008 8:46pm
Here's the latest trades.
Attached Image (click to enlarge)
Click to Enlarge Name: pipnailerhistory.gif Size: 65 KB
  • #1,039
  • Jul 17, 2008 5:07pm Jul 17, 2008 5:07pm
Quoting mtaboneweb
Hello all,

I'm new to this thread but found it interesting because I'm also following the AshFX thread. I have an EA currently being tested on the other thread and have just written one for this strategy. If there is anyone out there who would like to test it with me I would be thankful. I've been brought up to speed on the system by forexmoments although he did not specifically ask me to write this EA. A member following both threads thought I might like to try this one as well. I'm impressed with the AshFX system and look forward to trying PipNailer as well.

Normally I start at the front and work my way to the end so I'm not going to ask any questions until I've made it through til current.

Note: This EA will only work on demo accounts at this time. There is nothing wrong with loading the EA, your broker preventing EAs, etc. I've coded it not to trade on live accounts until any bugs surface and are resolved.
hi boneweb,
I'll be testing your EA on ODL demo account, all pairs, 1Hr
  • #1,040
  • Jul 22, 2008 7:18am Jul 22, 2008 7:18am
Let's me know is it I'm setting this up correctly. I have gone thru this whole thread for the second times. What i wish to get now is the signal line. Whereby i saw on others charts, you all having a long straight line when the AC OC and PSAR change together. While in my charts, mine is a whole blue line on the candle.

Juz fix me if i did any mistake on the charts, I gonna try this out as sooon as i get confirmation from you guys.

Sorry cause i wont be participating in EA stuff, cause i not really get used to EA, mroe prefer on manual trading. Anyways, well done on the EA, there is too many EA version as i saw in this thread.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Pic1.jpg Size: 175 KB
Click to Enlarge Name: Pic2.jpg Size: 115 KB
Attached Image
2 traders viewing now