You can thank Nich as he did most of the work on this EA. I just figured out how to make it profitable. I love the fact that it uses NO indicators and is very simple yet powerful.

As I said before, add the timefilter on the major currency pairs: EURUSD, USDCHF and I believe that it can even be more profitable.

I also like the fact that it has a very LOW stoploss (30-40 pips) so that you are not risking much if the trade does not go your way.