Forex Mechanical Systems Showcase (July 4)

National Financial Solution > Forex Trading > Forex Mechanical Systems Showcase (July 4)


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 is celebrating a 299-pip win from EUR/USD that enabled her system to weather a 136-pip loss from a fakeout. Check out how she gained a net of 136 pips (+0.45%) last week! 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.

After its big win the other week, this trend-following system took a breather as fresh crossovers materialized.

It did catch one valid play on EUR/JPY, and this long position is still open. Check out how this trade is going so far! 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.

Both pairs enjoyed pretty strong momentum for the most part of the week, and a handful of inside bar patterns were formed.

However, only Guppy was able to catch a valid signal. Fortunately, this one turned out to be a winner, even as the downtrend bottomed out.

With that, the strategy was able to add another winning week for the quarter with 71 pips in the bag. 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.

This strategy chalked up its TENTH consecutive winning week!

USD/CAD was able to catch a full win, which made up for a losing position later on. Meanwhile, CAD/CHF caught a short play that’s still open.

The system was able to close out with a 14-pip or 0.28% gain for the week. Read more.

Forex Systems Summary

Mechanical Trading System Time Period P/L in pips P/L in %
HLHB Trend-Catcher System June 28 – July 2 +136 +0.45
SMA Crossover Pullback System June 22 – 29 0 0
Inside Bar Momentum Strategy 2.0 June 25 – July 2 +71
Short-Term Bollinger Reversion Strategy 2.0 June 24 – July 1 +14 +0.28

Check out how these trading systems fared in Q1 2021:



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

X