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 a 268-pip win (+0.89%) even as she’s closely monitoring fresh trades that could very well be fakeouts for next week’s trends. 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.
For the past week, this trend-following system had another rough run with early exits on new crossovers. All in all, it wound up with a 93-pip or 0.62% 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.
Only CAD/CHF was able to catch valid signals for the week, even though USD/CAD did make a few bounces off the bands. Still, the system was able to chalk up a gain of 16 pips or 0.32% 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 USD/JPY and GBP/JPY caught two losses and one win each, ending up with a loss of 46 pips for the week. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Dec. 9 – 13 | +268 | +0.89 |
| SMA Crossover Pullback System | Dec. 3 – 10 | -93 | -0.62 |
| Short-Term Bollinger Reversion Strategy 2.0 | Dec. 6 – 12 | -16 | -0.32 |
| Inside Bar Momentum Strategy | Dec. 5 – 12 | -46 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!