I’ve got a couple of weeks’ worth of signals from this mechanical trading strategy. Did it score some wins or not?
If this is the first time you’re reading about this strategy, I suggest you take a look at the system rules before reading on.
Also, this tweaked version makes use of an adjusted stop loss size (from the original 20% of the first candlestick to 40% of its length) on both USD/JPY and GBP/JPY.
The system generated these signals for USD/JPY:

Zooming in to the short-term time frames helped me check if these were triggered and if any stops or targets were hit.
Not bad, eh? This pair was off to a rough start but more than made up for those losses with three consecutive wins, racking up a total of 26 pips for the pair. The percentage P/L depends on how position sizes were calculated.
And here are the inside bar signals for GBP/JPY:

Five valid signals materialized but only four were triggered, and here’s how those turned out:
And with that, Guppy wound up with a total of 81 pips in gains, thanks to its own set of three consecutive wins. That rounds up to a 107-pip gain for the mechanical trading system over the past couple of weeks.If this strategy ain’t your cup of tea or if you’re looking for one that might be more appropriate for current market conditions, you may wanna check these out, too:
SMA Crossover Pullback System
Short-Term Bollinger Reversion
HLHB Trend-Catcher System
Happy Hunter Trading System
Cowabunga System Daily Update