We have four mechanical Forex strategies that must be learned as they are important to build a good Forex strategy plan.
The four Forex Mechanical Systems are:
1-HLHB Trend-Catcher System
2-SMA Crossover Pullback
3-Short-Term Bollinger Reversion Strategy 2.0
4-Inside Bar Momentum Strategy 2.0
We’ve got a table for their performance report, but keep in mind that the time periods, trading assumptions and type may result in a variation of performance.
Now we are going to illustrate each system strategy.
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 268-pip win (+0.89%) even as she’s closely monitoring fresh trades that could very well be fakeouts for next week’s trends.
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.
For the past week, this trend-following system had another rough run with early exits on new crossovers. All in all, it wound up with a 93-pip or 0.62% loss.
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.
Only CAD/CHF was able to catch valid signals for the week, even though USD/CAD did make a few bounces off the bands. Still, the system was able to chalk up a gain of 16 pips or 0.32% for the week.
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 USD/JPY and GBP/JPY caught two losses and one win each, ending up with a loss of 46 pips for the week.