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
SMA Crossover Pullback
Robopip’s newbie-friendly SMA Crossover Pullback trading system is as simple as its name suggests.
With that, the system was able to close out with a 170-pip or 1.13% gain for the week – its first positive week in this quarter! Read more.
Short-Term Bollinger Reversion Strategy 2.0
It was another slow one for this mech system as it had only one valid signal for the week. CAD/CHF was able to open a short play that hit the first profit target, but the price didn’t move low enough to score a full win.
The strategy wound up with a meager 5.5-pip or 0.11% gain 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.
USD/JPY had only one valid signal for the week while Guppy caught two. The long positions on both pairs turned out winners, but the short play on GBP/JPY snagged a small loss, yielding a 49-pip gain 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 18 – 22||93||0.31|
|SMA Crossover Pullback System||May 12 – 19||170||1.13|
|Short-Term Bollinger Reversion Strategy 2.0||May 14 – 21||5.5||1.1|
|Inside Bar Momentum Strategy||May 15-22||49||–|
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!