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 that one signal from the previous week that cushioned the losses from fakeouts. How did she get a net of +67 pips (+0.22%) from the deal? 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’s another set of early exits on this mechanical system, but this time it was able to bag some wins as trailing stops were hit. All in all, it scored a total of 118 pips or 0.78% in gains. 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 made bounces off the top and bottom bands as sideways price action continued, but the mechanical trading system didn’t really catch any valid signals. 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.
Another week, another win! Even though it snagged a couple of losing plays, this mech system chalked up its SEVENTH positive week as it scored a total of 98 pips this time. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Sept. 2 – 6||+67||+0.22|
|SMA Crossover Pullback System||Aug. 28 – Sept. 3||+118||+0.78|
|Short-Term Bollinger Reversion Strategy 2.0||Aug. 29 – Sept. 5||–||–|
|Inside Bar Momentum Strategy||Aug. 30 – Sept. 6||+98||–|
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!