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 one-directional moves that her trend-catcher is designed for. Read on to see how she was able to get +95 pips (+0.32%) from closing four trades last 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.
Trends just ain’t picking up well enough for this mechanical system as it got caught up in another set of early exits. The new crossovers for the week yielded a 102-pip or 0.68% 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.
A couple of positions were still left open from the previous week, but this trading system managed to snag wins on all positions and lock in a total of 38 pips or 0.76%. 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.
There were a bunch of inside bars that formed on both pairs, but only a few positions were opened. Still, that didn’t stop the system from chalking up its FIFTH weekly win at 75 pips! Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Aug. 19 – 23 | +95 | +0.32 |
| SMA Crossover Pullback System | Aug. 13 – 20 | -102 | +0.68 |
| Short-Term Bollinger Reversion Strategy 2.0 | Aug. 15 – 22 | +38 | +0.76 |
| Inside Bar Momentum Strategy | Aug. 16 – 23 | +75 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!