This EA is based on the 10 SMA moving average and another things which could be better - It also make sounds according to the context.
This expert advisor is based on the concept that market does not move always in one direction. Even when the market is trending in one direction at some points it pullback. The EA has been backtested from July 1, 2011 to Jan 13, 2012 on EURUSD. It hasNotarius
Notarius - trend indicator with alerts on the basis of price averaging.