I told you, pin 4 of the 555 is the RST. While pin 4 is held low the 555 will not oscillate. Look at the circuit and understand how it works. So you have a signal in the circuit to pin 4 of the 555 correct? When that signal is high metal is detected and when it is low there is no metal detected. So th signal to pin 4 of the 555 needs to be inverted, use a transistor like a 2N2222 or 2N3904 to drive the HT 12E pin 14.
Now on the HT12E pin 14 is the transmit enable pin. When pin 14 is low the /TE is enabled. Read the data sheet for the HT 12E and understand how it works.
You don't really need the HT 12E for this. You only want to light a single LED as I read it but your choice.
Ron