Happy Forex is a trading advisor that would help us to be profitable on the Forex market automatically. The developers mentioned that it’s your algorithm-driven profit without stress or effort. We decided to check everything out.
Detailed Happy Forex robot review
The presentation includes various testimonials about how the system functions:
- The robot is a fully automated system.
- There are three trade sets applied to one EA.
- The robot is able to generate stable profits.
- It works with low drawdowns either.
- It performs orders on the market with a Grid of several orders and without Martingale that would set our account at higher risk.
- The advisor receives data from technical indicators to get into the market safely.
- We have a news filter applied either.
- The spreads should be higher than 4 pips.
- The package is featured by ten robots and an indicator as extras.
- We can decide how many hours we’d like to skip before and after high impact news releases.
- It’s possible to limit how many orders can be at the same time on the market.
- The system allows us to customize SL and TP levels in pips.
- The drawdowns can be customized either in percent.
- We can work with any account size with this system.
- The advisor was properly tested on the 99.90% tick data.
- It follows FIFO rules if needed.
- The only platform to trade is MetaTrader 4.
- We can work on Windows 7, 8, 10, Mac OS, and Linux.
- There are the following types of accounts supported: Micro, Mini, and Standard.
- It works with EURCHF and AUDUSD.
- The time frame should be H1.
- We can rely on 24/7 welcome support.
- We should work through ECN brokers only.
- It auto detects 4 and 5 digit quotes.
Happy Forex strategy tests
The robot was properly tested on GBPUSD on the H1 time frame. The period was from 1999 to 2010. The modeling quality was only 89.88%. With an initial deposit of $1000, the system could generate a total net profit of $41,677. The profit factor was 2.59. There were 6631 trades executed with the win rate of 74% and 75.20% for short and long trading positions.
Happy Forex live account trading results
The developers decided to set the system to work on a rarely used broker for algorithmic trading. As a result, the robot works automatically on MT4 with common leverage of 1:500. The account has a verified track record. It was created on June 18, 2021, deposited at $2.500, and withdrawn at $1,500. The robot has gained 43.33% in total. An average monthly gain is 4.16%. The maximum drawdown is 18.71%. Only two traders track the account trading results.
Happy Forex trades with average frequency, 161 deals performed. The profitability in pips is good either, 3798.6 pips. An expected accuracy is 55.25 pips when an average loss is -48.77 pips. The win rate for longs is 62% when for shorts, it’s 77%. An average trade length is nine days. It’s a significant period. The profit factor is 2.48. The good one for a paid advisor starts from 1.6.
Most of the profits were obtained on AUDUSD: 95 orders and $407.56.
The robot prefers trading the beginning of the Asian, Europeans, and American sessions.
Tuesday is the most traded day with 53 orders. Monday, Thursday, and Friday aren’t favorable days to trade.
The advisor trades with conservtive Grid of 3 orders without Martingale.
It provides the owners with stable and predictable monthly profits.
The system is available in two packages that vary by the number of real account licenses that can be used at the same time. The price is 299 EUR for two licenses and 499 EUR for five licenses. We can rely on support, free updates and upgrades, and a 30-day refund policy. The devs share 10 EAs and Happy Indicators Pro for free.
There’s a profile of Happy Forex on Trustpilot. We can find 13 reviews from real customers there.
We have only positive reviews written by the former and current clients about their trading experience.
Happy Forex is a trading advisor that works with a conservaaitve Grid of orders without Martingale. The presentation includes all possible explanations about how the system works and how we should customize it. We can check backtest reports and trading results to understand if the system’s trading style fits our expectations.
The robot is consistently profitable. Also, there are many positive reviews from people about the system's success.