ReviewsTrading Robots

Happy Algorithm PRO Review

0
Happy Algorithm PRO

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:

  1. Purchase the EA from the website
  2. Download the EA documents onto your PC
  3. Launch MetaTrader4 platform
  4. Drag the EA files onto the charts and start trading

Key features

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.

Trading strategy

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.

Trading history on Myfxbook

Trading history on Myfxbook

Unfortunately, there are no backtesting records for this robot on the website.

Pricing

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.

Live trading results on Myfxbook

Live trading results on Myfxbook

Customer support

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.

People feedback

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.

The customer review at FPA

The customer review at FPA

Happy Algorithm PRO Summary: Worth it or not?

8

Happy Algorithm PRO provides us with verified live testing results corroborated with a sound strategy that seems sound. The robot also complies with FIFO rules, which allows it to work on multiple brokers. Also, the sellers provide phenomenal customer service in terms of customer touchpoints that operate 24/7 and items like a detailed user manual.

  • It provides verified live trading results
  • Excellent customer reviews on TrustPilot
  • Good risk-reward ratio
  • No backtesting records

Top 5 Penny Crypto to Buy and Make a Fortune

Previous article

Best FX Networks Review

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Reviews