Mechanical trading systems are the ones that need no or a very superficial interpretation and analysis. The trade setups of the mechanical trading systems are either white or black. There is no gray.

Mechanical Trading SystemsOn this website, we introduced some mechanical trading systems. One of them was the Double Bollinger Bands that I don’t like that much because it is too mechanical and it seems it has a low success rate: Double Bollinger Bands Strategy To Trade Forex

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In one of the other articles, I explained how to increase the Double Bollinger Bands success rate which can help you to have a better performance with this system: How to Increase Double Bollinger Bands Trading System Success Rate

I don’t personally follow that system. But I am interested in some other mechanical trading systems that are mechanical too, but are still strong and based on the scientific factors. Above all, they are not too mechanical and so they don’t look stupid.

One of these systems is the Support/Resistance breakout which is confirmed by the Stochastic Oscillator indicator: Stochastic Oscillator: A Mechanical Indicator for Forex Trading

I have recently talked about this system a lot. You can refer to the archive and read my most recent articles on this topic and see the examples and charts.

That is the system that I like a lot and I follow, because although it is mechanical, it is technical and analytical as well and is based on the markets important parameters. It is a scientific system. I mean it makes sense from a scientific point of view.

Above all, it has a high success rate if followed properly. That is related to the non-mechanical part of this system. I mean although this system is a mechanical, it has an analytical part which is choosing the right support/resistance level and distinguishing the validity of the breakout.

That is one of the systems we follow at LuckScout Millionaires Club a lot for the purpose of making the members more experienced with it.

There is another system which is being taught and followed at LuckScout Millionaires Club. That is a simplified system which is good for the traders who are not expert enough yet with the candlestick signals and patterns.

It is a mechanical/technical/analytical system. I mean it is like the Stochastic Oscillator system which is mechanical but has some analytical aspects as well.

The other good thing with this system is that it generates more trade setups which is good for the novice traders who are not patient enough yet. Although we use this system to trade the daily, weekly and monthly time frames, still it generates relatively more trade setups compared to the other trading systems we follow.

I personally don’t follow this system, because I am happy with the trading systems that I am used to follow. However, it is a good trading system and it works.

Unlike the Double Bollinger Bands and Stochastic Oscillator systems, I haven’t talked about this trading system on the public area of this site because as I said I don’t follow this system personally. This system was invented by Kamel and he introduced it to the LuckScout Millionaires Club members. He hasn’t published any articles about this system on the public area of the site.

In addition to these treading system, we follow the technical analysis and our routine candlestick + Bollinger Bands system.

This short post was about the trading systems that we follow at the LuckScout Millionaires Club. It was an answer to those who ask about this very frequently.

You can join the club now and learn about the trading systems we follow there, as well as so many other opportunities we introduce. Above all, you can take the advantage of the very exceptional program that we are going to launch soon.

Good luck 🙂