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I’ve rounded up the FIVE 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.

Cowabunga System

This good ol’ classic Cowabunga System (that’s been raking in pips since ’07!) looks at the 4-hour chart for the main trend and the 15-minute chart to catch entries. It also makes use of EMA crosses, along with RSI, MACD, and stochastic indicators.

After a bit of a break, Pip Surfer is back with a big win! He kicked the week off with a couple of short trades that caught a total of 86 pips, then followed it up with a 20-pip gain later on. Read more.

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.

This week, Huck talks about a couple of huge fakeouts that dragged her system’s performance lower. Read on to see how she got stuck with a net loss of 184 pips (-0.61%) from a total of five trades! 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.

This mechanical system snagged an early exit for a small win but wound up giving up these gains and more when another pair hit its full stop. All in all, it ended up with an 89-pip loss or 0.59% dent on the account. 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.

It was one of the busier weeks for this system as it caught a handful of signals on both pairs, closing out with a 52.5-pip win or 1.09% gain on the account. 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.

Both pairs saw plenty of inside bar patterns once more but only a handful reached their entry levels. Still, with back-to-back wins on Guppy it was able to end the week with a neat 120-pip gain. Read more.

Forex Systems Summary

Mechanical Trading System Time Period P/L in pips P/L in %
HLHB Trend-Catcher System Mar. 18 – 22 -184 -0.61
SMA Crossover Pullback System Mar. 12 – 19 -89 -0.59
Short-Term Bollinger Reversion Strategy 2.0 Mar. 14  – 21 +52.5 +1.05
Inside Bar Momentum Strategy Mar. 15 – 22 +120
Cowabunga System Mar. 18 – 22 +106

Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!