If you're a coin hunter, I understand perfectly well the frustration trying to discriminate iron out.
But if you're a relic hunter, the subject gets murky real quick.
Think about all of the desirable iron relics you miss with too much discrimination: gun parts, gun tools, iron spurs, bayonets, artillery frags, artillery rounds, steel traps, saddle parts, and so on.....
Back when I used the old Fisher 1260 series of detector, I used to dig a lot of gun parts and neat iron tools like bullet worms and the like.
Not so much anymore......
I don't know many machines that will completely discriminate out ALL small iron, but still give a good signal on everything else. Also, there's always that "mystery" signal that sounds iffy, no matter which way you swing the coil, no matter, what the screen or confidence meter says, it's still iffy, and your curiosity always gets the better of you.
If it's doubtful, just dig it. Sure you will get fooled a lot, but at the same time, you might just dig a really neat iron relic that you would have passed over, otherwise.