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 how one-directional moves for the dollar contributed to a 148-pip win (0.49%) for her trend-catcher. Read how many trades she has open for the week ahead! 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 snagged a couple of early exits on new crossovers instead of hitting trailing stops on EUR/USD and EUR/JPY. Still, it was able to catch a total of 244 pips or a 1.62% gain. 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.
Even though trends seemed to pick up, both pairs caught a couple of signals each and scored a total of 25.5 pips or 0.51% on the account. 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 a couple of impressive winning weeks, this system took a breather and snagged some losses. Even so, the dent wasn’t so big at just 18 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 | Oct. 28 – Nov. 1 | +148 | +0.49 |
| SMA Crossover Pullback System | Oct. 22 – 29 | +244 | +1.62 |
| Short-Term Bollinger Reversion Strategy 2.0 | Oct. 24 – 31 | +25.5 | +0.51 |
| Inside Bar Momentum Strategy | Oct. 24 – 31 | -18 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!