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 tells us how her system got a net of ZERO pips from closing three trades last week. What’s up with that anyway?! 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 mech system had a fresh batch of positions opened for the week as trends shifted.
Both euro pairs have short plays while Cable has a long position that’s not looking too good. Still, the strategy hasn’t logged in wins or losses for the week so far. 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 saw a lot of range-bound action and a few bounces off top and bottom Bollinger Bands. Unfortunately, there were no new valid signals for the week. Read more.
Inside Bar Momentum Strategy 2.0Another 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.
The strategy bounced back to action after a slow one the other week, logging five wins and one loss for a total of 112 pips. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Feb. 24 – 28||0||0|
|SMA Crossover Pullback System||Feb. 18 – 24||0||0|
|Short-Term Bollinger Reversion Strategy 2.0||Feb. 20 – 27||0||0|
|Inside Bar Momentum Strategy||Feb. 21 – 28||+112||–|
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!