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.
In this week’s update, Huck talked about the dollar’s one-sided bias that wiped out most of her open trades. Check out what happened to her three trades that netted her -104 pips (-0.35%) for the week! 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.
‘Twas another week filled with early exits for this trading strategy as the pairs I’m watching couldn’t seem to make up their minds. In the end, the system wound up with a 92-pip or 0.61% loss. 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 mech system snagged just the one signal on CAD/CHF and none at all on USD/CAD. Still, that position turned out to be a full win for a total of 33 pips or 0.66%. 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.
This one had a really good run as it chalked up its third consecutive winning week with back-to-back gains on Guppy and four winners on USD/JPY. This yielded a total of 142 pips for the week. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||June 17-21||-104||-0.35|
|SMA Crossover Pullback System||June 7-18||-92||-0.61|
|Short-Term Bollinger Reversion Strategy 2.0||June 13-20||+33||+0.66|
|Inside Bar Momentum Strategy||June 14-21||+142||–|
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!