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 couple of adjustments from the previous week and shows us why not closing one trade is a good thing for her trading system. 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.
Choppy price action was the name of the game for EUR/USD as it chalked up tiny losses on early exits, but a handful of winning positions still managed to bring the weekly total to 31 pips or 0.22%. 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.
There were no valid signals on USD/CAD for the week while CAD/CHF was able to catch a couple. The second play is still open, though, so the total is just at 8.5 pips or 0.17% for now. 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 mech system’s TENTH consecutive winning week! Thanks to three winning positions on USD/JPY, it was able to erase Guppy’s loss and snag 25 pips for the week. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Sept. 23 – 27 | 0 | 0 |
| SMA Crossover Pullback System | Sept. 17 – 24 | +31 | +0.22 |
| Short-Term Bollinger Reversion Strategy 2.0 | Sept. 19 – 26 | +8.5 | +0.17 |
| Inside Bar Momentum Strategy | Sept. 20 – 27 | +25 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!
