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 is celebrating a win after weeks of losses. How did she gain 45 pips (+0.15%) from closing one trade? 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.
Things still weren’t looking any better for this mech system as it snagged more early exits but wound up with a smaller 6-pip or 0.04% loss compared to the previous weeks. 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 caught one signal each per pair, scoring a neat win on USD/CAD and a tiny loss on CAD/CHF for a total of 17 pips or a 0.34% gain. 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 mechanical trading system was able to snag three winning positions for the week and one loss, yielding a total of 40 pips for the pairs I’m watching. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | July 1 – 5 | +45 | +0.15 |
| SMA Crossover Pullback System | June 25-July 2 | -6 | -0.04 |
| Short-Term Bollinger Reversion Strategy 2.0 | June 28-July 4 | +17 | +0.34 |
| Inside Bar Momentum Strategy | June 28-July 5 | +40 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!
