Happy Algorithm PRO is a Forex robot provided by Happy Forex, a company with multiple EAs, signals, and other products available for sale on the market. The system works on MetaTrader 4 and can operate with micro, mini, and standard accounts. An auto-quote detection for up to 4-5 digits is available. To get more information about this item, we will analyze it and see if it can generate good profit in the long run.
The selling company, Happy Forex, states that the robot trades on multiple currency pairs and comes with a very detailed user manual after purchase. According to the verified Myfxbook records, we can infer that it has been listed for sale on the market since 2021.
What is behind the Happy Algorithm PRO robot?
Happy Forex is the parent company behind Happy Algorithm PRO. As mentioned earlier, they have many products for sale in the Forex marketplace. Their webpage indicates that they have been in the trading business since 2016.
How it works
According to the developers, we must follow these steps to start trading with this EA:
- Purchase the EA from the website
- Download the EA documents onto your PC
- Launch MetaTrader4 platform
- Drag the EA files onto the charts and start trading
The robot has the following key features:
- It has high leverage up to 1:500.
- The EA comes with support for ECN brokers.
- There is a 30-day money-back guarantee available.
- The system is straightforward to set up.
- The following operating systems are compliant with the algorithm: Windows 7, 8, 10, Mac OS, and Linux.
The robot measures price deflection on correlative currency pairs and depicts the difference in the form of a line. Once the close reaches the limits, the position is opened. The trading history on Myfxbook shows us that the robot uses an averaging strategy on multiple currency pairs. It uses a virtual stop loss with an average trade duration of 3 days.
Unfortunately, there are no backtesting records for this robot on the website.
The robot is sold in two packages: 299 Euros for a pack of 10 EAs with access to 2 real accounts. While the payment of 499 Euros (10 EAs included) grants access to 5 real accounts. This product comes with a 30-day money-back guarantee. Free lifetime updates are available from the developers.
Trading performance of Happy Algorithm PRO
Live trading results are available on Myfxbook. The system shows a performance from June 18, 2021, until March 01, 2022. The winning rate stood at 57%, with a profit factor valued at 1.28. The robot experienced the best trade of 22.26 USD, and the worst one had a value of -21.22 USD. The EA has a current balance of 1,745.05 USD.
The deposit value stood at 1500 USD. The sharpe ratio of the algorithm was 0.07 with a standard deviation of 4.43 USD.
Customer support is available through Email, TeamViewer, or AnyDesk. The developer states that users may reach out 24/7, which shows they offer highly-efficient customer care.
The company has an excellent rating of 4.5 on TrustPilot. A third-party review site where a total of 13 reviews are present. They highly praise the developers for producing stable, safe, and reliable products that are affordable for all sorts of traders.