Forex Mechanical Systems Showcase (June 6)

National Financial Solution > Forex Trading > Forex Mechanical Systems Showcase (June 6)


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 77-pip win that limited the impact of the fakeouts that the system had validated. Check out how she only sustained a 13-pip (-0.04%) slip! 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 snagged a bunch of new crossovers again, but fortunately these early exits caught gains.

EUR/USD locked in a pretty decent 43-pip win on its long position while Cable scored a total of 47 pips on two trades.

With that, the system was able to close out with a 90-pip or 0.60% gain 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.

Both pairs enjoyed strong rallies early in the week, but only USD/JPY was able to catch valid signals.

The first long play turned out to be a loss, though, while the second one made up for it somewhat. All in all, the strategy closed out with a measly 5-pip gain. 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 extended its winning streak for yet another week!

USD/CAD locked in a small gain on a single trade while CAD/CHF had three consecutive wins, bringing the total profit to 57.5 pips or 1.15%. Read more.

Forex Systems Summary

Mechanical Trading System Time Period P/L in pips P/L in %
HLHB Trend-Catcher System May 31  – June 4 -13 -0.04
SMA Crossover Pullback System May 24  – June 1 +90 +0.60
Inside Bar Momentum Strategy 2.0 May 27 – June 4 +5
Short-Term Bollinger Reversion Strategy 2.0 May 27 – June 4 +57.5 +1.15

Check out how these trading systems fared in Q1 2021:



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