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.
This week Huck caught two new valid signals which forced out open trades from the previous week. Luckily, the she closed both trades with profits and ended the week with a 112-pip (+0.37%) win for her trend-catcher. 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.
Even though this mech system snagged another set of new crossovers, the good news is that some early exits were still able to bag some gains. The bad news, though, is that the losses still outweighed the wins and yielded a 31-pip or 0.20% 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.
This strategy chalked up a pretty good run as it caught wins off majority of the positions, even landing a solid 1.46% play on USD/CAD. In total, the system was able to bag 102.5 pips or 2.08% 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.
This momentum strategy had one of its slower weeks as it only caught a handful of signals per pair, logging in a loss on USD/JPY and a slightly larger gain on Guppy for a total of 8 pips. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Jan. 27 – 31||+112||+0.37|
|SMA Crossover Pullback System||Jan. 21 – 28||-31||-0.20|
|Short-Term Bollinger Reversion Strategy 2.0||Jan. 23 – 30||+102.5||+2.08|
|Inside Bar Momentum Strategy||Jan. 24 – 31||+8||–|
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!