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 talked about her system being on the wrong side of strong trends on ALL of the currency pairs that she’s watching.
Read on to see how she sustained a 381-pip loss (-1.27%) from closing three positions! Read more.
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 another 300-pip or 2.00% gain, marking its third consecutive week in the green. Read more.
Short-Term Bollinger Reversion Strategy 2.0
This mechanical trading system had only one valid play for the week as CAD/CHF caught a long position while USD/CAD had a signal-free run.
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.
Both currency pairs logged in their fair share of wins and losses, with USD/JPY ending up with a 14-pip loss and GBP/JPY scoring a 14-pip gain. That’s right, the system landed back in break even after opening six positions for the week. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||June 1 – 5||-381||-1.27|
|SMA Crossover Pullback System||May 16 – June 2||+300||+2.00|
|Short-Term Bollinger Reversion Strategy 2.0||May 28 – June 4||+72.5||+1.45|
|Inside Bar Momentum Strategy||May 29 – June 5||0||–|
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!