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A pretty rocky start for the HLHB System + ADX tweak, as it lost pips on EUR/USD and USD/JPY but gained a couple on GBP/USD.

Read all about my HLHB Trend Catcher System if this is your first time hearing about it!

As I’ve mentioned in my post last week, I’ve decided to stick to my second tweak in my forward tests for the next couple of weeks. Basically, I’m adding the ADX indicator as a filter on top of the RSI and applying all of them on the 4-hour time frame instead of last year’s 1-hour charts.

Might as well start getting results from the beginning of the year, right? Here are the backtesting results from the start of January up to the last full week of February!


EUR/USD 4-hour Forex Chart
EUR/USD 4-hour Forex Chart



GBP/USD 4-hour Forex Chart
GBP/USD 4-hour Forex Chart



USD/JPY 4-hour Forex Chart
USD/JPY 4-hour Forex Chart


As you can see, the system hasn’t exactly started the year on strong footing. It missed a pretty big trend on EUR/USD while cutting off a pretty decent trend with EMA crossover fakeouts. Its performance on USD/JPY was also a dud as it caught A LOT of fakeouts while missing the bigger picture.

The saving grace was its performance on GBP/USD, where it was able to catch (and maximize) the only signal worth trading in the two months of observation.

Overall, it’s still pretty early to judge whether the tweak will lead to positive pips by the end of the year. I’ll have to get more data next week!

That’s it for my HLHB update for now! Let me know if you have any questions on the system and on the signals above!

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P.S.: Remember to never risk more than 1% of a trading account on any single trade and to adjust position sizes accordingly. Create your own ideas and don’t follow what I do. Better yet, read the Risk Disclosure!

See also:
My Q4 2016 Forex Trade Review and Reflections
HLHB System’s 2016 Performance Summary
Read the risk disclosure!

This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.