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.
Huck talked about GBP/USD and USD/JPY trending in the opposite direction of the open trades. Read how she ended up with a net loss of 295 pips (-0.98%) from closing two out of three 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 mech system took a breather from its strong runs in the past couple of weeks, snagging some early exits and winding up with a 61-pip or 0.40% loss 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.
This strategy kept up its positive streak as it scored another batch of big wins on USD/CAD. All in all, it was able to bag a 52.5-pip or 1.05% win 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.
Both pairs caught three valid signals each, and the positions turned out to be mostly losses. These amounted to a 40-pip dent for the strategy during the period. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | May 27-31 | -295 | -0.98 |
| SMA Crossover Pullback System | May 21-28 | -61 | -0.40 |
| Short-Term Bollinger Reversion Strategy 2.0 | May 23-30 | +52.5 | +1.05 |
| Inside Bar Momentum Strategy | May 24-31 | -40 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!
