The Pip Nailer. Any timeframe, any pair.

[Forex Lasers]

Dear all,

After receiving a number of requests to post my system onto this forum, I have decided to do so, in the hope it will benefit other traders. I welcome observation, feedback and improvement.

There are two files attached - the actual PDF manual, and the template for MT4.

Regards,

Ash

[rod30]

p sar colored i think its good

Colored P Sar i think its good

how we can indentify nail candle ??

[ukm007]

im going to testing this system on 1H TF.

plus i add a color psar with alert.

still figure out the exit strategy for this system.

give me a week to test this out.

report again on next week.

thanks for sharing.

[nittany1]

Here is an indicator that will help with the "nailed candle", it checks how much time until the next candle every time a tick comes in.

[Forex Lasers]

Would've made some nice pips on Eur/Cad this morning folks...

[pipfirst]

Hi Forexmoment,

Nice shoot on EUR/CAD. btw, do you trade in which TF ? seem if in 5M we really have to selected.. not all the pip nail can be open if its in 5M.

I also subscribe in your alert, but could you advise how to read that ? since I only get you send 1 chart with line.

Pls advise

Thanks n Regards,

MS

forexmoments:
Would've made some nice pips on Eur/Cad this morning folks...

[Forex Lasers]

pipfirst:
Hi Forexmoment,

Nice shoot on EUR/CAD. btw, do you trade in which TF ? seem if in 5M we really have to selected.. not all the pip nail can be open if its in 5M.

I also subscribe in your alert, but could you advise how to read that ? since I only get you send 1 chart with line.

Pls advise

Thanks n Regards,

MS

Best timeframes are H1 and above. I try to avoid the noise.

Shoot me an email about my alert, this thread is for Pip Nailer, thanks.

[Vlad Vahnovanu]

Better to use it on 4h or daily timeframe,then?

[coder4hire]

???????

glad to see your thread here..

[Forex Lasers]

vladv:
Better to use it on 4h or daily timeframe,then?

Indeed, that's correct.

[cgldsmth]

nice simple system which seems to filter whipsaws/ranging very well on a visual backtest.

1. are there any issues with repainting?

2. surely an EA can (or has already) be made for those of us who are still wage-slaves???

well done again forexmoments.

Dr G

EDIT: just found the thread on FF so a lot of reading ahead for me.