Eric: I have been testing Alejandro's version, and this Fabio Lio's version who basically stole Alejandro's EA and made some small changes to it.

I have been testing for a couple of wks now, and its exactly like you say with the big draw down. I was running it on the GBP/JPY pair, and was up 3,100 pips in less than 1.5 days, and in 2 hrs It lost -2000 pips, so it can lose fast big time.

I talk to Alejandro via email and he said to never trade 24 hrs/day, and only trade sideways markets, that it. He uses the 15min chart.

But I am willing to try different ideas, and with all the good programmers here, we might be able to improve on it.
George