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 happy to be back in black after seeing back-to-back losses. Check out how three trades led to an 85-pip win (+0.28%) for her trend-catcher! 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.
It was a bit of a slow week for this mechanical trading system as only one position was closed while the rest remained open. EUR/JPY already has its trailing stop locking in pips, but the system still wound up with a 17-pip or 0.11% dent for the week. 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.
The system only had a handful of signals for the week, but one hit its full stop loss to bring the system down by 50.5 pips or 1.01% 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.
Both pairs caught four valid signals per pair, with a pretty even split of wins and losses. By the end of the week, the strategy logged in a total of 30 pips. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Nov. 18 – 22 | +85 | +0.28 |
| SMA Crossover Pullback System | Nov. 12 – 19 | -17 | -0.11 |
| Short-Term Bollinger Reversion Strategy 2.0 | Nov. 15 – 21 | -50.5 | -1.01 |
| Inside Bar Momentum Strategy | Nov. 14 – 21 | +30 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!