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 her update, Huck is celebrating another positive week after one REALLY good trade from GBP/USD eclipsed losses from other closed trades. Check out how she got +134 pips (+0.45%) this time! 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 mechanical trading system still had a rough one for the week as it wound up with early exits and a full loss on Cable, yielding a 237-pip or 1.58% dent on the account. 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 was only one valid signal for the system throughout the week, and this didn’t really go well as CAD/CHF hit the full stop loss, chalking up a 50-pip or 1.00% loss. 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.
Just when it seemed that nothing could top the other week’s stellar run, this mech system logged in an even more impressive 436-pip gain this time, thanks mostly to Guppy’s performance. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Oct. 14 – 18 | +134 | +0.45 |
| SMA Crossover Pullback System | Oct. 8 – 15 | -237 | -1.58 |
| Short-Term Bollinger Reversion Strategy 2.0 | Oct. 10 – 17 | -50 | -1.00 |
| Inside Bar Momentum Strategy | Oct. 11 – 18 | -436 |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!
