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 trading, Huck is pretty happy about a bunch of winning trades overshadowing the one loss that she sustained. She ended up capping the week with a 146-pip (+0.49%) gain!
SMA Crossover Pullback
Robopip’s newbie-friendly SMA Crossover Pullback trading system is as simple as its name suggests.
A couple of new positions were opened as well. For the week, the system closed out with a meager 9-pip or 0.06% 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.
Both pairs were able to chalk up good gains for the week, allowing the strategy to close out with a decent 63-pip win. Read more.
Short-Term Bollinger Reversion Strategy 2.0
CAD/CHF chalked up one win and one loss, and unfortunately, the stopped out position erased the pair’s gains.
All in all, the mech system closed out with a 26-pip or 0.52% 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||Apr. 5 – 9||+146||+0.49|
|SMA Crossover Pullback System||Mar. 30 – Apr. 6||+9||+0.06|
|Inside Bar Momentum Strategy 2.0||Mar. 31 – Apr. 9||+63||–|
|Short-Term Bollinger Reversion Strategy 2.0||Apr. 1- 8||+26||+0.52|
Check out how these trading systems fared in 2020: