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 talks about the end of a losing streak for her trend-catcher, as she closes bigger winners than losers. Read on to see how she ended the week with 37 pips (+0.12%)! 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.
It was another shaky run for this mechanical trading system as it got caught up in early exits. It managed to catch a small win but still wound up with a 12-pip or 0.08% 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.
This one had only one signal for each pair I’m watching and, even with a small win on USD/CAD, the loss on the other pair brought the system down by 39.5 pips or 0.79%. 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.
In its third consecutive weekly run, this mech system was able to score a much bigger win than usual of 314 pips as short-term momentum was in its favor. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Aug. 5 – 9 | +37 | +0.12 |
| SMA Crossover Pullback System | July 31 – Aug. 6 | +12 | +0.08 |
| Short-Term Bollinger Reversion Strategy 2.0 | Aug. 2 – 9 | -39.5 | +0.79 |
| Inside Bar Momentum Strategy | Aug. 2 – 9 | +314 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!