Firts at all. I´m not sure if you know something about Gann and his work. It doesnt matter anyway. I attach some screens to clear it up. This EA is based on Gann price levels from Gann´s pyramid - square of 9. Pyramid contains numbers like (127,128,128 etc). It means 128 = 1.2800 for non-jpy pairs... and 150 = 150.00 etc. for jpy pairs. When you look to pyramid you will see numbers with green, yellow, blue and red color. So you can see where is the price.
Red - the most important
Blue - important
Yellow - important
Green - not very important
These levels are important because of some natural laws. It is actually reason why price reacts to these levels. I attach screen to show it on chart.
Web Forex-tribe has theory how price reacts on these levels. When a level is broken, the currency pair goes to the next level. To confirm a broken point signal the two next sessions (daily close) need to be closed 50 pips over up (over down). Check profit-loss curve from backtest EU 2009-2013 /3 days over 50 pips
I think it should be a little bit clearer for now. I will continue to write my thoughts

Btw Kruspe EA was created by my friend Tom... Feel free to backtest it, improve it..
