I’ve rounded up the FOUR mechanical forex strategies right here to see how they performed recently. Take a look!
I’ve got a neat systems snapshot table for their latest performance down below, but keep in mind that the time periods and some trading assumptions vary among my fellow FX-men.
HLHB Trend-Catcher System
The Huck Loves Her Bucks mechanical system uses a simple EMA cross method, combined with the RSI and ADX indicators, to catch short-term trends on the 1-hour charts of EUR/USD, GBP/USD, and USD/JPY.
In this week’s update, our home girl is celebrating another winning week. Though she didn’t close any trades from this week, her open trades from the previous week was enough to give her +92 pips (+0.31%) this time around. Cool beans! Read more.
SMA Crossover Pullback
Robopip’s newbie-friendly SMA Crossover Pullback trading system is as simple as its name suggests. This strategy features an SMA crossover method to gauge the trend and a stochastic pullback entry signal on the 1-hour charts of EUR/USD, GBP/USD, and EUR/JPY.
Cable’s long position finally hit its full profit target, snagging a cool 300-pip or 2.00% win for the system while the other two pairs also have their long positions going. Read more.
Short-Term Bollinger Reversion Strategy 2.0
This Short-Term Bollinger Reversion Strategy 2.0 is one of Robopip’s newest creations and is currently being tested on range-bound pairs like CAD/CHF and USD/CAD.
After a signal-free week, this mechanical system was able to catch one signal per pair. However, the gains on CAD/CHF were erased by the full loss on USD/CAD, so it wound up with a 31-pip or 0.12% dent for the week. Read more.
Inside Bar Momentum Strategy 2.0
Another tried-and-tested system is Robopip’s Inside Bar Momentum Strategy 2.0 which monitors purely candlestick price action, free of any technical indicators, on the 4-hour charts of GBP/JPY and USD/JPY.
Guppy caught three winning positions in a row, more than making up for the small loss on USD/JPY. The system was able to lock in 85 pips and another positive week. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Mar. 4-8||+92||+0.31|
|SMA Crossover Pullback System||Feb. 27-Mar. 5||+300||+2.00|
|Short-Term Bollinger Reversion Strategy 2.0||Feb. 28-Mar. 7||-31||-0.12|
|Inside Bar Momentum Strategy||Mar. 1-8||+85||–|
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!