This mech system snagged three valid signals each for USD/JPY and GBP/JPY, with both pairs showing similar results. Take a look!
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 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.
First up, check out the valid signals on USD/JPY:
This pair formed a few more inside bars early on while consolidating, but new patterns were seen before any entry orders were filled. Here’s how the valid ones turned out:
Not bad! A couple of full wins and one stopped out position for this pair, chalking up a total of 24 pips for USD/JPY.
Now here’s how Guppy is looking:
This pair also had a few inside bar patterns that didn’t get their entry orders filled in the first half of the week. The triggered ones are shown below:
Just like USD/JPY, Guppy scored two wins and one loss. These amounted to a 20-pip gain for the pair.This brings the system up by 44 pips for the week, which is a decent rebound over the previous one’s performance. The percentage gain/loss depends on how position sizes were calculated.