Happy Power EA Review

Happy Power Forex EA

Happy Power is a just-released robot that became a part of Happy Forex. Now, the developers rely on its productivity. Let’s take a closer look at how the system works. 

Happy Power At a Glance

We combined all the information with a short summing table. 

Price€325 
Trading PlatformsMT4, MT5
Currency PairsEUR/CHF
StrategyPrice Action or trading around Support and Resistance
TimeframeM30
Recommended Deposit$1000
Recommended Leverage1:500
Money ManagementYes

Happy Power Functionality

We have a list of features, settings, and other explanations:

  • Happy Power works automatically for us without a need for human intervention. 
  • There’s a “unique artificial intelligence technology for market analysis to find the best entry points.” This should have been explained better. 
  • We have a “self-adaptive market algorithm with reinforcement learning elements.” 
  • There’s a “Reinforcement machine learning differs from supervised learning in a way that it does not need labeled input/output pair to be present, and it does not need sub-optimal actions to be explicitly corrected.” We have no explanations provided about the details. 
  • The system trades using the next strategies: Price Action or trading around Support and Resistance. 
  • The trading results show a Grid strategy behind the system. 
  • The currency pair is only EURCHF. 
  • The time frame is M30. 
  • The account balance should be $1000. 
  • The advisor requires an ECN account. 
  • We have a five-digit chart supported. 
  • The setting up process takes little time. 
  • We can work on Windows 7, 8, 10, Mac OS, and Linux.
  • We have MT4 and MT5 copies of the advisor provided. 
Happy Power EA

Happy Power costs 325 EUR for a lifetime copy. We have a common useless pack of ten EAs. Most of them are scams, and people may not want to test them. The pack includes an unlimited number of real or demo accounts. If we’re a customer, we can rely on a discount of 30%. “The license is for the first month and will be automatically free renewed for a lifetime via email.” The developers wanted to check our email. The offer is supported by a 30-day refund policy. 

Happy Power Trading Strategy Tests

Happy Power EA strategy report
Happy Power EA strategy report

We have a EUR/CHF symbol (acceptable risks) on the M30 time frame. The modeling quality was 99.90%. The robot ran with variable spreads. An initial deposit was $1000. The total net profit has become $516.32. The Profit Factor was 2.19. The maximum drawdown was 19.57%. The robot has traded 680 trades. The accuracy rate was 73.40% for Shorts and 76.76% for Longs. The win streak was four orders. 

What About Happy Power Live Trading Results

Happy Power EA live trading results

The advisor has been running on a real USD account. The broker is Fort Financial Services. It trades automatically. The data is received from technical indicators from the MetaTrader 4 platform. The leverage is at 1:500. The account has a verified track record and verified trading privileges. It was created on February 25, 2021, and deposited at $1000. Since then, the absolute gain has become +105.16%. An average monthly gain is 22.36%. The maximum drawdown is insanely high – $54.43. It’s absolutely unhealthy. 

Happy Power EA trade results stats

The robot has traded 1531 deals with 10715.3 pips. An average win is 14.43 pips when an average loss is -17.25 pips. The win rate is 75% for Longs and 77% for Shorts. An average trade length is 2 days. So, it’s a kind of Swing trading. The Profit Factor is 2.73.

Happy Power EA trade results stats

The Shorts direction trades a bit more frequently than the Longs direction. 

Happy Power EA trading results profits visualisation

The advisor focuses on trading during the European trading hours. 

Happy Power EA trading results profits visualisation

It doesn’t work equally during a week. 

Happy Power EA trading results losses

The system executes orders with low risks. 

Happy Power EA trade history

The robot uses a mid-range Grid of orders. It doesn’t use Martingale. 

Happy Power EA monthly returns

The profitability goes down significantly from March 2021. 

Other Notes

Happy Forex reviews FPA

We have a Happy Forex page on Forex Peace Army. There are five reviews published with a 3.5 rate. 

Happy Forex reviews FPA

There are a few comments published on Forex Peace Army that aren’t connected to the advisor. 

Happy Power EA Review Summary

Happy Power EA Review Summary
3 5 0 1
Happy Power EA is too young to say anything for sure. The system works with a Grid of orders that are calculated based on the Price Actions and Support and Resistance strategies. The package could be cheaper than the similar trading solutions on the MQL5 community if the pack includes ten robots. So, now, the robot is not the best option for trading.
Happy Power EA is too young to say anything for sure. The system works with a Grid of orders that are calculated based on the Price Actions and Support and Resistance strategies. The package could be cheaper than the similar trading solutions on the MQL5 community if the pack includes ten robots. So, now, the robot is not the best option for trading.
3/5
Total Score
  • Functionality
    2/5 Bad
    The robot has standard functionality features. We could know more if the developers provided information about them.
  • Trading strategy
    3/5 Neutral
    The robot works with Grid, Price Action, and Support and Resistance strategies.
  • Live results
    3/5 Neutral
    The trading results were mediocre, and they went down. We are not sure the system will be profitable.
  • Customer support
    4/5 Good
    The company provides solid support for a well-known company.
  • User reviews
    1/5 Awfully
    We have no actual people’s testimonials provided. We don’t know if people are profitable with it.
Total
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