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 back-to-back win after one closed trade yielded a cool +204 pips (+0.68%) pips. Can you guess which pair yielded the profits? 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 system seems to be off to a rough start for this quarter as it snagged another set of early exits on new crossovers, ending up with a 95-pip or 0.63% loss for the week. 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 I’m watching caught a couple of valid signals, with USD/CAD scoring two wins and CAD/CHF having two losses. Still, the strategy was able to scrape by with an 11-pip or 0.22% 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 mech system didn’t exactly have the best of weeks as it capped off an earlier winning streak with three losses that yielded a 50-pip loss. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | July 8 – 12 | +204 | +0.68 |
| SMA Crossover Pullback System | July 2 – 9 | -95 | -0.63 |
| Short-Term Bollinger Reversion Strategy 2.0 | July 4 – 11 | +11 | +0.22 |
| Inside Bar Momentum Strategy | July 5 – 12 | -50 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!