Happy Algorithm is an expert advisor developed by Happy Forex, the company that has multiple robots in the financial marketplace. The EA is designed for all types of traders ranging from beginners to professionals. It works by measuring the deflection of price between multiple currency pairs. This review will give you a detailed account of the robot to help you with the purchase decision.
Is Happy Algorithm PRO profitable?
The algorithm has a solid live record available on the Myfxbook platform. The developers are keen to answer any inquiries and ensure that the EA is performing according to their claims. To ensure that the performance is up to par, investors can compare their account performance with that on Myfxbook.
Vendor transparency
Happy Forex is the brand behind Happy Algorithm PRO. This company has various other products and services available in the market. They have been operating in this industry for many years. Customers can reach them by filling out a contact form or their Facebook page.
Strategy
The developer claims that the robot measures correlative deflections to acquire the optimal hide SL and TP. The close is set within a limit subjected to consistent counts. This can increase the robot’s performance so that you may yield maximum profits. From the trading history on Myfxbook, we can observe that the system uses averaging strategies on EURUSD and USDCHF. The stop losses and take profit are virtual.
How to start trading with Happy Algorithm PRO
To start trading, traders have to follow the following steps:
- Purchase the system from the website
- Download the EA files onto the desktop
- Launch MT4/5 platform
- Drag the robot files onto the charts section and enable auto-trading
The robot will scan the markets and open/close trades depending on the available setups.
Price
The robot is sold in two packages: 299 Euros for 2 real accounts 499 Euros for 5 real accounts. Apart from this, users get unlimited demo accounts, free lifetime updates, 24/7 customer care through email, live chat on the website, TeamViewer, Happy Forex Facebook page, and AnyDesk. Users are also entitled to a 30-day money-back guarantee post-purchase.
Happy Algorithm PRO backtests
Unfortunately, there are no backtesting records available for Happy Algorithm PRO. Luckily, the devs share live trading results. That is what we are going to analyze in the next section of this review.
Trading results
Verified trading records on Myfxbook are present from June 18, 2010, until the current date. The EA shows a monthly gain of 3.81% with a drawdown value of 66.49 %. The deposit stands at 1500 USD.
The system has participated in 643 trades, out of which it has won 57%. The profit factor is valued at 1.28. The product has a lot of value of 6.43 with an average trading length of 3 days. The graph below shows that the growth line (in red) is stable over time.
People feedback
Positive customer feedback about the company can be found on TrustPilot, a third-party site. Over there, the company holds an impressive overall rating of 4.5 for 13 reviews. One satisfied customer commends the robots for their affordability, stability, and good performance.
Summary
Advantages
- It comes with live trading results
- It is 100 % fully-automated
- It trades across multiple currency pairs
Disadvantages
- Lacks textual information for backtests
Happy Algorithm PRO website contains detailed information about the strategy and techniques used by the EA. Apart from this, the developers claim that it complies with FIFO regulations. A money-back guarantee is provided, which shows the sellers’ sensitivity to good customer service. There is a high level of transparency about the company behind this EA.
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