Happy Algorithm PRO is a trading robot that identifies deflections of correlative pairs and plots a line to depict the difference. This allows users to get the optimal hide SL and TP. The algorithm works on the MT4 platform. It can be used by all prospective customers regardless of their expertise. Our review below will cover the essential details you need to know about its performance.
Detailed forex robot review
The robot is listed for sale on its website, where the developer gives a comprehensive summary of the strategy, features, and recommendations. To help users understand the methodology, links to live trade results have been provided.
Happy Algorithm PRO is the child product of the parent brand, Happy Forex, with other products like EAs on the market for sale. They also provide services like recommended brokers based on performance, promoted blueberry and VT markets, etc. They have their own Facebook account too, where customers can contact them without hassle. Furthermore, trusted sites like TrustPilot and Forex Peace Army give this company and its product a lot of praise. Lots of positive reviews can be found on these sites.
The robot has the following features:
- It offers support for ECN brokers.
- It operates 24/7 to find profitable trades.
- Free lifetime updates are provided .
- It works on MT4.
How does it work?
The robot works by following the steps mentioned:
- Make the robot purchase by making payment on the website
- Download the files onto your PC
- Run MT4 on your desktop
- Drag the EA files onto your PC, and you are good to go
Happy Algorithm PRO strategy tests
The developer states that the robot uses a virtual stop loss and correlates amongst various currency pairs to trade the markets. From Myfxbook records, we can observe that it uses a swing trading approach and trades on EURUSD and USDCHF.
A graph serving as a graphic representation for backtests from 2021 has been provided. It shows a steady increase in the account balance, which is good. Furthermore, an impressive growth of 9.65% with a drawdown of 12.78% was observed, which is relatively low as per standards. It should be noted that this chart has been verified by MyFxBook, which bears proof of credibility.
Real trading results
Links for live trading results have been provided, which are Myfxbook-verified. These results have been presented since June 2021where the monthly gain was valued at 3.75%, striking a positive cord. Also, it can be inferred from these stats that the initial deposit of 1000 USD was churned out as a profit of 227 USD.
The robot participated in 615 trades in which the profit factor stood at 1.27. The interest for the account is shown as USD. The average best trade was 22.26 USD. The graphic data shows that this robot is stable in performance.
The robot can be bought for a one-time price of $388. There are no renting options available to traders. The MQL5 website does not provide a money-back guarantee for systems purchased through the marketplace.
This EA is sold in two packages. Customers can either purchase it for 299 Euros or 499 Euros. The only difference arises out of the number of real accounts provided. All packages come with 24/7 customer support, free lifetime updates, unlimited demo accounts. Customers can contact the developers through a query form provided on their website.
Happy Algorithm PRO enjoys a reputable 4.5 rating calculated for a total of 13 reviews on TrustPilot, which all speak positively about the bot’s performance. A satisfied customer applauds and speaks highly of their excellent experience with the other products from the same company.
All in all, Happy Algorithm PRO seems like a stable algorithm owned by a company that employs transparency and good practices. This is done to ensure the users get the greatest bang for their buck, as they use the robot knowing how it approaches trade strategically.