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 her system’s return to positive pips. Thanks to a winning trade being bigger than her losing position, the HLHB was able to cap the week with 24 pips (+0.08%). Not bad, huh? 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 early exits on new crossovers for this mechanical system, bringing it down by 210 pips or 1.39% for the past 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.
This mech system caught a bunch of signals on both pairs I’m watching, but tiny losses on CAD/CHF ate up most of the gains. Still, the strategy managed to close out with 26 pips or 0.52% on the account. 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.
Guppy was able to score three consecutive wins, enough to make up for the tiny losses on USD/JPY and keep the system up by 51 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 | Jan. 13 – 17 | +24 | +0.08 |
| SMA Crossover Pullback System | Jan. 7 – 14 | -210 | -1.39 |
| Short-Term Bollinger Reversion Strategy 2.0 | Jan. 9 – 16 | +26 | +0.52 |
| Inside Bar Momentum Strategy | Jan. 10 – 17 | +51 | – |
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!