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 shrugging off a 205-pip loss (-0.68%) because of an open trade that she’s excited about. What’s up with that? 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 snagged another early exit on a new crossover but managed to make up for it with a big win on Cable. All in all, it was able to bag a total of 245 pips or 1.63% 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.
Both pairs caught their fair share of valid signals for the week, bagging some pips and keeping half-positions open while locking in more gains. So far it was able to make 16 pips or a 0.32% win. 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 logged in fewer than usual signals in the past week but it was able to catch more wins than losses, raking in a total of 66 pips. Read more.
Forex Systems Summary
| Mechanical Trading System | Time Period | P/L in pips | P/L in % |
|---|---|---|---|
| HLHB Trend-Catcher System | Dec. 16 – 20 | -205 | -0.68 |
| SMA Crossover Pullback System | Dec. 10 – 17 | +245 | +1.63 |
| Short-Term Bollinger Reversion Strategy 2.0 | Dec. 12 – 18 | +16 | +0.32 |
| Inside Bar Momentum Strategy | Dec. 12 – 18 | +66 | – |
Check out how these trading systems fared in last week’s Forex Mechanical Systems Showcase!