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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 opened THREE new signals as her system validated one signal for each pair that she’s watching. Which do you think can yield the most pips in the next few days? 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 wasn’t exactly the best of runs for this mech system as it snagged full losses on both EUR/USD and EUR/JPY.

New positions were triggered on EUR/USD and GBP/USD, but these haven’t been opened long enough to hit any exit levels.

With that, the system closed another week in the red with a 450-pip or 3% loss. Ouch! 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 caught only one valid play for the week, but that didn’t stop it from scoring a pretty impressive win. As it turned out, the short position on USD/CAD hit both profit targets and scored a 138-pip or 2.76% gain. 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.

There were plenty of inside bar patterns seen on both pairs throughout the week, but only a few valid signals had their entries triggered.

USD/JPY scored a win on its sole position while Guppy had a tiny win followed by a big loss, yielding a total of 31 pips in losses for the week. Read more.

Forex Systems Summary

Mechanical Trading System Time Period P/L in pips P/L in %
HLHB Trend-Catcher System May 11 – 15
SMA Crossover Pullback System May 5 – 12 -450 -3.00
Short-Term Bollinger Reversion Strategy 2.0 May 7 – 14 +138 +2.76
Inside Bar Momentum Strategy May  8 – 15 -31

Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!