Forex Trading Made E-Z received a bunch of great comments about this system. But not all knows trade scalping and not everybody would love scalping. It may not work for them.
The newest version has a template that will do all the calculations for you. You can definitely make some pips as long as you skip the tiny wings or the choppy markets. The rule of thumb is the retracement must be at least five candles. It would make the move from p1 to p2 must be a nice move then, you must make a real retracement if that happened. And then, its better to stay out if it is one candle or two. You will soon find out what does it mean as you go on.
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One thing that should be considered, if it never retraced to the entry price, one would not get into the trade. This is quite not clear to me and needed some more study. If the case would be that in every signal, it would make 6 pips only and that is not a lot.