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 celebrating another positive week even though her major dollar pairs saw ranging price action. How did she get +33 pips (+0.11%) despite a few fakeouts? 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 another round of new crossovers for this mechanical system, but fortunately it was able to lock in some pips on these early exits. All in all, it closed out with a 35-pip or 0.23% 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.
Both pairs showed range-bound action for the most part of the week, bouncing off the top and bottom Bollinger Bands in a few instances but failing to generate valid plays. 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.
It was a slower than usual week for this mech system as one pair had a signal-free run while the other racked up a total of 24 pips. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Nov. 25 – 29||+33||+0.11|
|SMA Crossover Pullback System||Nov. 19 – 26||+35||+0.23|
|Short-Term Bollinger Reversion Strategy 2.0||Nov. 21 – 28||0||0|
|Inside Bar Momentum Strategy||Nov. 21 – 28||+24||–|
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!