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.
On this week’s update, Huck is pretty happy about a 521-pip win on EUR/USD because it eased the sting of being on the wrong side of a USD/JPY trade. Read on to see what happened! 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 was finally able to pull out of its rut as it jumped on longer-term trends and caught bigger wins!
In particular, it was able to profit from dollar trends as it hit full targets on GBP/USD and EUR/USD while catching a few more gains on EUR/JPY. With that, the system ended up with a 307-pip or 4.46% gain 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.
This strategy saw a signal-free week on USD/CAD while catching some gains on CAD/CHF, also taking advantage of larger price swings and locking in a total of 125 pips or a 2.50% gain. 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 system had one of its slower weeks as it caught fewer than usual signals but managed to scrape by with a 59-pip gain, thanks mostly to a good win on USD/JPY. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Mar. 23 -27||+445||+1.48|
|SMA Crossover Pullback System||Mar. 17 -24||+307||+4.46|
|Short-Term Bollinger Reversion Strategy 2.0||Mar. 19 – 26||+125||+2.50|
|Inside Bar Momentum Strategy||Mar. 20 – 27||+59||–|
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!