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
In this week’s update, Huck saw a nail-biting finish as one big loss ALMOST wiped out most of her weekly gains. Read on to see how she scraped by with 3 pips (+0.01%) this week! Read more.
SMA Crossover Pullback
Robopip’s newbie-friendly SMA Crossover Pullback trading system is as simple as its name suggests.
This strategy had one of its better weeks as it scored a full win on EUR/JPY and opened a couple of fresh positions.
EUR/USD picked up on the bullish crossover from the other week with a new long play while Cable also opened a long position as it pulled up from a prolonged slide.
With that, the system was able to close out with a 300-pip or 2.00% gain for the week. That’s back-to-back weekly gains yo! Read more.
Short-Term Bollinger Reversion Strategy 2.0
Unfortunately, the losses were much larger than the gains, so the strategy sulked off with a 71.5-pip or 1.43% loss. 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.
USD/JPY had more than its usual share of valid inside bar signals for the week, scoring wins on most of the plays, while Guppy scored a two-for-two on its long positions.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||May 25 – 29||+3||+0.01|
|SMA Crossover Pullback System||May 19 – 26||+300||+2.00|
|Short-Term Bollinger Reversion Strategy 2.0||May 21 – 28||-71.5||-1.43|
|Inside Bar Momentum Strategy||May 22 – 29||+73||–|
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!