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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 update, Huck is celebrating a 101-pip win from one trade that eased the sting of some fakeouts. Check out how she bagged 59 pips (+0.20%) from closing five trades! Read more.

SMA Crossover Pullback

Robopip’s newbie-friendly SMA Crossover Pullback trading system is as simple as its name suggests.

This strategy features an SMA crossover method to gauge the trend and a Stochastic pullback entry signal on the 1-hour charts of EUR/USD, GBP/USD, and EUR/JPY.

This week was filled with fresh signals on this mechanical system, although one had to be closed on a new crossover.

The early exit on EUR/JPY managed to catch some gains, though, allowing this strategy to close out with a decent 19-pip or 0.13% win for the week. 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.

Guppy had no valid signals for the week while USD/JPY had four positions opened. Three plays turned out to be losses while the last short position pulled the system back to breakeven.

Short-Term Bollinger Reversion Strategy 2.0

This Short-Term Bollinger Reversion Strategy 2.0 is one of Robopip’s newest creations and is currently being tested on range-bound pairs like CAD/CHF and USD/CAD.

Thanks to rangebound conditions throughout the week, both pairs were able to score full wins (plus some change) for a total of 109.5 pips or 2.19% in gains. Read more.

Forex Systems Summary

Mechanical Trading System Time Period P/L in pips P/L in %
HLHB Trend-Catcher System May 17 – 21 +59 +0.20
SMA Crossover Pullback System May 11 – 18 +19 +0.13
Inside Bar Momentum Strategy 2.0 May 13 – 21 0
Short-Term Bollinger Reversion Strategy 2.0 May 13 – 20 +109.5 +2.19

Check out how these trading systems fared in Q1 2021: