I’ve rounded up 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.
After weeks of losses, Huck is finally celebrating a positive week for the HLHB. Check out how one big USD/JPY trade pushed the system into winning a total of 236 pips (+0.79%) from two closed 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.
The strategy snagged another set of early exit signals, with one catching a few pips and the other seeing more red. For the week, it wound up with a 78-pip or 0.52% loss and an open position with the trailing stop activated. 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.
Both pairs caught another set of signals for the week, with one hitting its full target at the opposite band and the other still open. This system closed out with a 62-pip or 1.24% gain 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.
USD/JPY scored four consecutive wins for the week while Guppy had one win and one loss, amounting to a total of 75 pips in gains for this strategy. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||May 6 – 10||+236||+0.79|
|SMA Crossover Pullback System||Apr. 30 – May 7||-78||-0.52|
|Short-Term Bollinger Reversion Strategy 2.0||May 3 – 9||+62||+1.24|
|Inside Bar Momentum Strategy||May 4 – 10||+75||–|
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!