This is an EA I developed for a friend of mine from Forex IRC network nicknamed Trend. He has some simplified rules for trading trends using a custom indicator which I'll include in this post.

First compile the indicator and then compile the expert. Without the indicator the expert won't run. Trend found this indicator while experimenting with his manual trade system and decided to ask me to write an expert utilizing it.

This is the first version of this EA and development will continue.

Feel free to change stop loss and take profit to your comfort level but don't change anything that is hard coded into the indicator calls in the expert, it requires specific settings.

Version: v0.50
Timeframe: 15 min
Currency Pair: any
Dependency: Hi-Lo custom indicator included in this post

I added another version, TC wStoch v0.50, which trades using stochastics in the direction of the trend indicated by Hi-Lo. The timeframe, pair and dependency are the same as the original version.

Attached Files

	Trend Catcher v0.50.mq4 (6.1 KB, 923 views)
	Hi-Lo.mq4 (2.2 KB, 759 views)
	TC wStoch v0.50.mq4 (7.2 KB, 458 views)

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Holder of US Patent 6,774,788