Partner Center Find a Broker

This mech system scored back-to-back wins on Guppy and FOUR consecutive ones on USD/JPY. Check out how many pips it scored in total.

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, here are the valid signals on USD/JPY:

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

This pair had five valid inside bar signals for the week. Even though the first one turned out to be a loss, the next positions made up for it and more.

This pair snagged a total of 65 pips from all these plays. Woot woot!

Here’s how Guppy is looking:

GBP/JPY 4-hour Forex Chart
GBP/JPY 4-hour Forex Chart

This pair had a short position left open from the earlier update, and it managed to drop all the way down to its target.

This was followed by yet another win, scoring a total of 77 pips for the pair.

All in all, the Inside Bar Momentum Strategy was able to end up with a gain of 142 pips for the week. This marks its third consecutive positive week, with increasing gains throughout. The percentage gain/loss depends on how position sizes were calculated.

ICYMI, check out how the Inside Bar Momentum Strategy fared for Q1 2019 and how other mech systems are stacking up in Forex Ninja’s Systems Showcase!