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 big win on Cable even as she lost pips on a fakeout or two. Which trades contributed to a net gain of 99 pips (+0.33%) 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.
This mech system snagged a couple of early exits on new crossovers yet again, and it wound up with a 119-pip loss or 0.79% dent on the account 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.
It was a slow week for this mechanical trading system as it caught only one signal per pair. Both positions are still open, but CAD/CHF is already locking in pips along the way, with the trailing stop activated. 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.
It’s this system’s EIGHTH consecutive winning week! Granted the gains weren’t too impressive at 16 pips, it’s still a pretty impressive run for this one. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Sept. 9 – 13 | +99 | +0.33 |
| SMA Crossover Pullback System | Sept. 3 – 10 | -119 | -0.79 |
| Short-Term Bollinger Reversion Strategy 2.0 | Sept. 5 – 12 | – | – |
| Inside Bar Momentum Strategy | Sept. 6 – 13 | +16 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!