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 sharing details on how three closed trades translated to a 345-pip (+1.15%) profit for her trend-catcher this week. Don’t even think of missing it! 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 system finally locked in a big win on Cable, scoring 300 pips or a 2.00% gain for the week. A couple of positions are still open on the euro pairs. 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 a handful of valid signals opened for the week and, even with a couple of dents, these were enough to bag a total of 43 pips or 0.86% for the week. Not bad, eh? 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.
Sadly, this mechanical system’s long winning streak came to a halt as it caught some snags and wound up with a teensy 9-pip loss 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. 30 – Oct. 4 | +345 | +1.15 |
| SMA Crossover Pullback System | Sept. 24 – Oct. 1 | +300 | +2.00 |
| Short-Term Bollinger Reversion Strategy 2.0 | Sept. 26 – Oct. 3 | +43 | +0.86 |
| Inside Bar Momentum Strategy | Sept. 27 – Oct. 4 | -9 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!