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 few decent wins that all contributed to a net gain of 178 pips (+0.59%) for the HLHB System. What’s more, she’s already locked in at least 315 pips for next week! How did that happen?! 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 fell victim to early exits on new crossovers once more, but it managed to catch a few gains on EUR/USD and GBP/USD, scoring 8 pips or a meager 0.04% gain 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.
Only one valid play for the week with this mechanical trading system! Fortunately, CAD/CHF made it to the first target on the middle band to catch a 5-pip or 0.10% gain. 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 was a mixed run for USD/JPY while Guppy snagged FIVE consecutive wins to recover from the earlier weekly loss and round up a whopping 164 pips this time. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Oct. 7 – 11 | +178 | +0.59 |
| SMA Crossover Pullback System | Oct. 1 – 8 | +8 | +0.04 |
| Short-Term Bollinger Reversion Strategy 2.0 | Oct. 3 – 10 | +5 | +0.10 |
| Inside Bar Momentum Strategy | Oct. 4 – 11 | +164 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!