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 mourning the loss of her winning streak. Find out how two losing trades broke her nine-week run and caused a 110-pip (-0.37%) damage. 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 had a fresh batch of open positions but also snagged a set of early exits. At the end of the week, it wound up with a 184-pip or 1.23% loss. 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.
USD/CAD caught a bunch of profits in the past week while CAD/CHF had a signal-free run. All in all, the strategy was able to cop a total of 44 pips or 0.88% 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.
This system spent another week in the red as momentum couldn’t seem to pick up for both USD/JPY and GBP/JPY. With that, it ended up with a 79-pip loss then. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||November 4 -8||-110||-0.37|
|SMA Crossover Pullback System||Oct. 29 – Nov. 5||-184||-1.23|
|Short-Term Bollinger Reversion Strategy 2.0||Oct. 31 – Nov. 7||+44||+0.88|
|Inside Bar Momentum Strategy||Oct. 31 – Nov. 8||-79||–|
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!