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 avoiding jinxing her system’s performance by just talking about how it gained another 105 pips (+0.35%) by closing one trade. 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 finally made up for its earlier losses with a solid 300-pip or 2.00% gain, thanks to Cable hitting its full profit target. 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 bounced off the top or bottom bands throughout the week but didn’t really catch any valid signals in a trending market. 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.
After its big win the other week, this strategy followed it up with another impressive run and scored 181 pips for the week, even though USD/JPY stayed in the red. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Oct. 21 – 28 | +105 | +0.35 |
| SMA Crossover Pullback System | Oct. 15 – 22 | +300 | +2.00 |
| Short-Term Bollinger Reversion Strategy 2.0 | Oct. 17 – 24 | 0 | 0 |
| Inside Bar Momentum Strategy | Oct. 18 – 25 | +181 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!
