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.
This week, Huck is a bit salty over a series of fakeouts on GBP/USD that caused THREE losing trades and a 39-pip loss (-0.13%) for her trend-catcher. Luckily, all three open positions for next week have the same dollar bias 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.
Another set of new crossovers and early exits popped up for the pairs I’m watching on this trading strategy as trends couldn’t gain traction. For the week, the system ended up with a 97-pip or 0.65% 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.
A handful of signals came up for both pairs, but a full loss on USD/CAD ate up most of the tiny gains on the rest of the positions. All in all, the system wound up with a 45-pip loss or a 0.9% dent for the week. 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 mech system caught fewer than the usual share of signals this time, but it still managed to end in the green as it bagged 30 pips. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Nov. 11-15||-39||-0.13|
|SMA Crossover Pullback System||Nov. 5 – 12||-97||-0.65|
|Short-Term Bollinger Reversion Strategy 2.0||Nov. 7 – 15||-45||-0.90|
|Inside Bar Momentum Strategy||Nov. 8 – 14||+30||–|
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!