Hi,

yes, stoploss in this ea is based on time. After acertain amount of time (several days) if the trade is not in profit it is closed.

This type of stoploss can be very risky ( if a trade is open at news times for example) and I think that that is the reason for big losing trades in the back tests provided.

I think that the stoploss problem is the most important thing initially to improve this ea. Maybe adding an equity stoploss to protect account?