Happy Forex is a profit-driven trading system that relieves you of the stress associated with monitoring the market and opening positions manually. The EA is easy to use, and since it is based on a new generation technology, you can install it on your MT4, run and start earning money with a few clicks.
This system was developed by Happy Forex. The company, which joined the Forex market about 6 years ago, has earned itself a good reputation for producing relatively efficient bots. So far, its portfolio includes EAs like Happy Power, Happy Galaxy, Happy Breakout, Happy Neuron, etc.
Happy Forex at a glance
|Price||€299 or €499|
|Currency pairs||GBPUSD, AUDUSD, EURUSD, EURCHF|
|Strategy||Grid without martingale|
Happy Forex functionality
These are the other key features of the robot:
- It trades 24/7 and is 100% automated.
- It’s easy to set up.
- The EA comes with a 30-day money-back guarantee.
- It works with ECN brokers.
- The system comes with an auto-quotes detection of 4 or 5 digits.
- It supports these account types; micro, mini, or standard accounts.
- You are required to work with any of these operating systems—Windows 7,8,10,11, Mac OS, or Linux.
- It works with any brokers with max. 4 spreads.
Happy Forex trading strategy tests
The devs disclose that their system utilizes reinsurance positions (the grid strategy) without augmenting the lot sizes (no martingale). A technical analysis indicator is also incorporated to help the EA enter the market safely with a news filter.
According to the backtest statistics, the EA used a deposit of $1000 to carry out 6631 trades on the H1 chart. These activities were applied during the 1999 to 2010 trading period. As a result, a profitability rate of 74.54% was achieved, which is equivalent to a net profit amount of $41677.35.
The generated drawdown was 13.53%, which indicates that low-risk trading was applied. Win rates for the short and long positions were 74% and 75.20%, respectively. The profit factor was 2.59, a nice figure illustrating that the system was productive.
What about Happy Forex real trading results
As of now, the system has increased the worth of this account by 48.48%. This is after using a deposit of $2500 to generate a $386.83 profit. The daily profit rate is 0.14%, while the monthly one is 4.36%. The EA has produced a drawdown of 18.71%, which proves that it works with low risks to the balance. A total of $1500 has been withdrawn from the account.
The system is active all day, but its activities peak between 3 p.m. and 5 p.m.
We have 171 completed trades that have achieved success rates of 59% for the long positions and 76% for the short ones. The profit factor (2.42) is relatively high and portrays Happy Forex as a lucrative tool. Also, it has a high winning streak, as evidenced by an average win of 55.77 pips, that is higher than the average loss (-46.55 pips). The traded lots so far are 1.71.
The EA has produced profits for the account throughout this year, with March recording the highest profitability rate (10.89%) to date.
When we visited the Happy Forex Company page on Trustpilot, we found a lot of positive feedback relating to the EAs it creates. For instance, there’s a trader who admits that Happy EAs are good as they provide opportunities for growing profits. Another one claims to have used the systems for a month, and the trades match the tests and the signal. In fact, the systems supposedly recover any losses they make.
Happy Forex Review SummaryHappy Forex
Functionality4/5 GoodThe features of the robot are listed and clearly defined.
Trading strategy3/5 NeutralThe system is non-martingale, so it doesn’t increase your trading risks needlessly.
Live Results4/5 GoodDesirable trading outcomes are produced, showing that the robot earns users steady profits while keeping trading risks at a minimum.
Customer Support3/5 NeutralCustomer support is available round the clock.
Customer Reviews4/5 GoodThe vendor behind the bot has a good reputation in the market, which creates more trust in this product.
- Makes profits monthly
- Low drawdown
- Backtest and live trading stats are provided
- Trusted vendor
- No money management service