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.
This week Huck is celebrating a cool 12-pip (+0.04%) win kept her trend-catcher in the green for another week. Read on to see how she’s positioned for the week ahead! 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 was able to bag a full win on EUR/JPY while adding a few more pips on an early exit for EUR/USD, netting a 317-pip or 2.07% gain overall. Woot woot! 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 logged in winning positions for the week, and the small gains added up to a 53-pip or 1.06% profit 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.
These pairs didn’t do so well in the latest run, with USD/JPY snagging back-to-back losses and Guppy catching only one win out of four trades. All in all, it wound up with a 60-pip loss for the week. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | May 13 – 17 | +12 | +0.04 |
| SMA Crossover Pullback System | May 7 – 14 | +317 | +2.07 |
| Short-Term Bollinger Reversion Strategy 2.0 | May 9 – 16 | +53 | +1.06 |
| Inside Bar Momentum Strategy | May 10 – 16 | +60 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!