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 celebrating strong trends and trailing stop losses. Thanks to closed winners and limited losers, her trend-catcher bagged 100 pips (+0.33%) from this week’s price action. Read more.
SMA Crossover Pullback
Robopip’s newbie-friendly SMA Crossover Pullback trading system is as simple as its name suggests.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.
This mech system caught a couple of valid plays on each pair then scored three wins for a total of 49 pips in gains. Not bad, huh? Read more.
Short-Term Bollinger Reversion Strategy 2.0
The strategy closed out an open USD/CAD position from the earlier update then added a couple of winning positions on CAD/CHF, scoring a total of 26 pips or 0.52% in gains for the week. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Jan. 11 – 15||+100||+0.33|
|SMA Crossover Pullback System||Jan. 5 – 12||-135||-0.90|
|Inside Bar Momentum Strategy 2.0||Jan. 8 – 15||+49||–|
|Short-Term Bollinger Reversion Strategy 2.0||Jan 7 – 14||+26||+0.52|
Check out how these trading systems fared in 2020: