It's a Visual Jforex Strategy that subscribes the instrument GBP/USD
and uses the last bar (hour and bid values) in order to makes a
simple
not follow trend action. This strategy analyzes and sets off a series
of routines: First, it selects the time frame (Hourly) and Instrument
(GBP/USD). Next it verifies if there are open orders placed on the
market, because if have any order in market, it just wait to close
it.
Next it checks the last bar direction and last bar length. The
strategy is simple, if the open price is greater than close price
then
makes a BUY. For the inverse situation, if the close price is greater
than open price and length > 5 then makes a SELL. The orders are open
with this
configuration: amount 6.