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 lost 16 pips (-0.05%) to make way for a fresh position. She’s not too worried about the recent losses, however, since she has also locked in monster pips from a trade that looks promising 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 had another round of new crossovers throughout the week, leading to a bunch of early exits and a 121-pip or 0.80% 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.
Both pairs on this system saw sideways action for the most part of the week, making plenty of bounces off the bands but only generating a single signal that led to a 50-pip or 1.00% loss. 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.
One pair had a good run for the week while the other chalked up more losses than wins. Still, the system was able to cap it off with a 35-pip gain. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Dec. 2 – 6 | -16 | -0.05 |
| SMA Crossover Pullback System | Nov. 26 – Dec. 3 | +121 | +0.80 |
| Short-Term Bollinger Reversion Strategy 2.0 | Nov. 26 – Dec. 6 | -50 | -1.00 |
| Inside Bar Momentum Strategy | Nov. 28 – Dec. 5 | +35 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!
