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 one big win from GBP/USD that managed to cover losses from EUR/USD’s fakeouts. Read how she gained +120 pips (+0.40%) from 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.
There were no wins or losses in this week’s run as the three pairs had positions left open. Both GBP/USD and EUR/JPY are locking in pips along the way, though! 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 had new positions opened for the week, with USD/CAD catching 12.5 pips and CAD/CHF chalking up 33 pips, for a total of 45.5 pips or a 0.91% gain on the account. 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.
Only one pair caught valid inside bar signals for the week, and its positions turned out to be winners. Thanks to those plays on USD/JPY, the mech system chalked up its NINTH consecutive winning week at 30 pips! Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Sept. 16 – 20 | +120 | +0.40 |
| SMA Crossover Pullback System | Sept. 10 – 17 | – | – |
| Short-Term Bollinger Reversion Strategy 2.0 | Sept. 12 – 19 | +45.5 | +0.91 |
| Inside Bar Momentum Strategy | Sept. 13 – 20 | +30 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!
