I’ve rounded up FOUR mechanical forex strategies right here to see how they performed recently. Take a look!
I’ve got a neat systems snapshot table for their latest performance down below, but keep in mind that the time periods and some trading assumptions vary among my fellow FX-men.
HLHB Trend-Catcher System
The Huck Loves Her Bucks mechanical system uses a simple EMA cross method, combined with the RSI and ADX indicators, to catch short-term trends on the 1-hour charts of EUR/USD, GBP/USD, and USD/JPY.
In this week’s update Huck tells us how her system got a net of ZERO pips from closing three trades last week. What’s up with that anyway?! Read more.
SMA Crossover Pullback
Robopip’s newbie-friendly SMA Crossover Pullback trading system is as simple as its name suggests. This strategy features an SMA crossover method to gauge the trend and a stochastic pullback entry signal on the 1-hour charts of EUR/USD, GBP/USD, and EUR/JPY.
This mech system had a fresh batch of positions opened for the week as trends shifted.
Both euro pairs have short plays while Cable has a long position that’s not looking too good. Still, the strategy hasn’t logged in wins or losses for the week so far. Read more.
Short-Term Bollinger Reversion Strategy 2.0
This Short-Term Bollinger Reversion Strategy 2.0 is one of Robopip’s newest creations and is currently being tested on range-bound pairs like CAD/CHF and USD/CAD.
Both pairs saw a lot of range-bound action and a few bounces off top and bottom Bollinger Bands. Unfortunately, there were no new valid signals for the week. Read more.
Inside Bar Momentum Strategy 2.0
Another tried-and-tested system is Robopip’s Inside Bar Momentum Strategy 2.0 which monitors purely candlestick price action, free of any technical indicators, on the 4-hour charts of GBP/JPY and USD/JPY.
The strategy bounced back to action after a slow one the other week, logging five wins and one loss for a total of 112 pips. Read more.
Forex Systems Summary
|Mechanical Trading System||Time Period||P/L in pips||P/L in %|
|HLHB Trend-Catcher System||Feb. 24 – 28|
|SMA Crossover Pullback System||Feb. 18 – 24|
|Short-Term Bollinger Reversion Strategy 2.0||Feb. 20 – 27|
|Inside Bar Momentum Strategy||Feb. 21 – 28||+112||–|
Check out how these trading systems fared in the previous Forex Mechanical Systems Showcase!
Roz has been engaged in the financial markets since 2017, specializing in Foreign Exchange, Before joining to FOREX IN WORLD she start to learn forex trading related information.