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 list of trades that didn’t help her trend-catcher system much. Heck, she lost 175 pips (-0.58%) from last week’s signals! What’s up with that?! 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.
Yet another set of early exits for this mechanical trading system! While it avoided another week in the red, it just scraped by with a measly 4-pip or 0.01% gain. 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.
Just four valid signals for the week on this mech system, but most of these managed to score wins. However, the loss turned out larger and dragged it down by 3.5 pips or 0.07%. 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 strategy caught a fair amount of wins and losses, but still ended up positive. Heck, it was able to chalk up its fourth consecutive weekly gain at 106 pips! Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Aug. 12 – 16||-175||-0.58|
|SMA Crossover Pullback System||Aug. 6 – 13||+4||+0.01|
|Short-Term Bollinger Reversion Strategy 2.0||Aug. 8 – 15||+3.5||+0.07|
|Inside Bar Momentum Strategy||Aug. 9 – 16||+106||–|
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!