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This mechanical system caught only one signal for the past few days, so let’s see if it turned out profitable. Here’s a quick update.

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 Chart
USD/CAD 1-hour Forex Chart

And here’s how the signal turned out:

Aha! Finally a relatively large win this time!

USD/CAD has followed through on its good performance from the previous week with a win greater than 1%, making up for the lack of signals on CAD/CHF:


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

So that’s a 1.18% gain for USD/CAD and none on CAD/CHF, assuming 1% risk per position at a 50-pip stop. This amounts to more than 3% in gains for the strategy so far this month. 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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