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Another quick update on the Short-Term Bollinger Reversion Strategy 2.0! The pairs I’m watching caught two signals each, so let’s see how those turned out.

In this revised version of the Short-Term Bollinger Reversion Strategy, I’m waiting for RSI to cross above or below oversold or overbought levels to indicate a bit more momentum in the direction of the trade. Make sure you review the tweaks here!

USD/CAD 1-hour Forex ChartUSD/CAD 1-hour Forex Chart
USD/CAD 1-hour Forex Chart

Looks like it was able to make up for its dismal performance a few weeks back with a couple of winning plays!

Now here are the signals on CAD/CHF:

CAD/CHF 1-hour Forex Chart
CAD/CHF 1-hour Forex Chart

Both signals caught gains as well:

So that’s a 1.33% gain for USD/CAD and a 0.66% gain for CAD/CHF assuming 1% risk per position at a 50-pip stop. This amounts to almost a 2% win for the system for the past week. Woot woot!

If you’re looking for other trading system, this robot invites y’all to check out these other trading systems, too!
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