As you know I experimented with several new systems during Nov-Jan. My steps were:
1. define the system
2. paper trade it for a while
3. live trade it small for a while
4. compare results (gains) vs market and other known systems.
5. decide to throw it away, make changes to it and start process over, decide system is a go and start to trade it.
It appears you are on step 1 or 2. Do you have any results you can post?
I have been posting about my experiences with paper trading SR15 (15min chart) and have been very pleased with the results. At first glance, it would appear your system gives very similar trades.
I short circuited by steps above because of my long history with trading SR60 and last week started trading live and full bore. Very pleased with results. Is it a fluke or real, I don't know. Time will tell.
I would love to see another 15min type system that I could compare to. I will be posting my 15min trades at month end. Would love to see you post your results for comparison.