Forex Mechanical Systems Showcase (June 20)

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 well-positioned open trades AND new valid signals that led to a 155-pip win (+0.52%) and tons of unrealized gains for her trend-catcher. 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.

Fortunately, the early exit on Cable was able to lock in some pips for the week. The euro pairs were able to keep their short positions open while GBP/USD also jumped in the bearish trend.

With that, the system closed out with a meager 12-pip or 0.08% gain, but at least it ain’t a loss! 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 caught three valid signals each, as trend seemed to be picking up for the week.

USD/JPY got stopped out in a couple of plays but wound up with a tiny 3-pip gain. GBP/JPY had two wins and one loss but ended up with a 3-pip loss, yielding a breakeven week for the system. 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 were mostly rangebound, which worked out well for the strategy and yielded 27 pips or 0.54% in gains. Read more.

Forex Systems Summary

• HLHB Trend-Catcher System
• SMA Crossover Pullback System
• Inside Bar Momentum Strategy 2.0
• Short-Term Bollinger Reversion Strategy 2.0