thank you for your feedback. I agree with you in some aspects. A breakout trade will only be successful when a TRUE breakout is determined. I have read and tested hans system and his is very similar. I have also studied several other time period breakout systems that involve a lot more analysis. Hans system is a bit different in the way it enters trades. It does not wait for the actual close of the bar. This may sound somewhat insignificant but it is very important. Since the high and lows are most of the time the S/R, the price will sometimes spike up +10 pips but will not stay there for long. This actually keeps you out of several losing trades. 5 minute bar closes might be too small of a tf but 15min might work better. This system is simple but through actual live manual testing for 3 months, is successful. An EA would help me test this system without me being there every day.