robp,
There are choppy areas, this system is far from perfect, but to avoid this, I typically only trade when two markets are active, Sydney and Tokyo. If my indicators are not providing "clean" entry points I switch to a higher timeframe. I stick mainly to EUR/YEN, USD/YEN, and GBP/YEN. Any given trade is between 2% and 5%, depending on market conditions.
fxbs,
Thanks for your interest! I will be testing out your modification.
-DREWP