In April, most trend-following strategies showed excellent results trading the GBPAUD currency pair, which rose by almost 400 pips in one month.

In April, the ExoticFx strategy made 4 trades with GBPAUD pair with the overall profit of 791 pips. The strategy earns an average of over 300 pips per trade, and sets the stop-loss at close to 150 pips from the market price. The strategy closed one of the four trades with a loss of 155 pips. On the EURAUD cross the strategy earned 1,255 pips, the average profit was 314 pips, while the maximum drawdown - 149 pips. The strategy is purely technical, using MACD oscillator on the daily charts, while the trend is identified on the hourly charts. The average per trade profit is 320 pips, while the average trade duration is close to a month.

Strategy trendmacd in April traded GBPAUD 3 times with the overall profit of 1090 pips, the average profit was 363 pips, while the maximum drawdown was 122.6 pips, which resulted in the average Reward/Risk ratio being equal to 3. Average trade duration is one and a half months. The strategy uses the combination of three indicators to determine the trend and entry pips: MACD, RSI and Bollinger Bands, while closely following the market news.

In April CorelianCharts strategy traded GBPAUD 17 times, 7 of which were unprofitable. The strategy usually closes the trades with the stop-loss placed 100 pips from the entry, while the average profit is 230 pips (Reward / Risk = 2.3). The strategy has been actively trading for less than a year, with the total profit for this period of more than 5,000 pips. The average trade duration is about one week. To determine the best entry point the strategy uses MACD and Williams' Indicator on the hourly and the daily charts. The strategy uses the trailing stop-loss to take the profits.

Strategy Sphynx showed outstanding results with GBPUSD. Of the 7 trades it made all were profitable. The total profit is equal to 1,098 pips, the average profit is 157 pips, while the maximum drawdown - 148.6 pips. The average trade duration is around one week. The strategy works on the hourly and the 5-minute charts.

ThirdBrainFx strategy had similar results while trading GBPUSD. The strategy made 7 trades, only 2 of which were unprofitable. The total profit is equal to 1057 pips, the average profit is 280 pips, and the maximum drawdown - 162 pips (Reward / Risk = 1.7). The average trade duration is 19 days. ThirdBrainFx is based on the Triple Screen Trading System by Alexander Elder. The strategy uses MACD indicator on the daily charts to identify the trend, and Williams' Indicator on the hourly charts to find the entry pips. The maximum possible drawdown - 5% of account balance with the target profit of 10%.