Happy Neuron is an FX robot that uses neural networks for trade analysis. This FX EA assures continuous profits and frequent trades with its recurrent neural network design. Happy Forex company promotes this expert advisor. Most of the expert advisors of the company like Happy News, Happy Frequency, etc. are sold as a pack of 10 EAs. But Happy Neuron is sold separately. We could not find company info like its founding year, the location address, phone number, team members, etc. The lack of vendor transparency makes us suspect this is not a reliable ATS.
In this review, we have evaluated crucial aspects of the EA to assure the claims of high profits by the vendor are true or not. For the evaluation, we have considered the features, trading approach, track record, support, and other important characteristics of this EA. The available info on the system is very minimal and does not include details like the developer or the team behind the creation of the system and more. From the minimal info present, we suspect this is not a trustworthy expert advisor.
What is behind the Happy Neuron Robot?
This FX EA is compliant with FIFO regulations and supports ECN brokers. It is capable of automatically detecting quotes of 4 or 5 digits. As a fully automated FX EA, the vendor claims this system has a simple and easy installation process. Once you complete the purchase, you need to install the EA on your MT4 or MT5 platform and you are all set to track the trading process taken care of by the FX robot settings.
As per the vendor info, this FX EA supports the Metatrader 4 and 5 platforms. It works on 25 currency pairs shown in the screenshot below.
The H4 timeframe is used for this EA and the minimal deposit recommendation differs based on the risk level you choose. For the normal risk, $3500 is the recommended amount while it is $350 for micro and $35 for the cent accounts. For the aggressive risk, $2000 is the recommended value and $5000 is the minimum recommended balance for the conservative risk mode. Leverage of 1:500 is recommended by the vendor.
A recurrent neural network-based module is used for analyzing the market sentiment along with the news filter. We could not find further info on the strategy as the vendor fails to explain the approach. No backtests are present which further confirms our suspicion that this is not a reliable product.
The MT4/MT5 package of this FX EA is sold for € 349 along with a bonus pack containing a pack of 10 EAs for free. Other features you get with the purchase include free upgrades and updates and a single license for use on unlimited real or demo accounts. A 30-day money-back guarantee is present. When compared to other competitor systems in the market the price of this EA looks expensive. However, considering the bonus pack of 10 EAs that you get along with the FX robot, the price looks affordable.
Trading performance of Happy Neuron
A few live trading results are present on the official site. Here is a real USD account using aggressive risk in the automated trading style and the leverage of 1:500 on the MT4 platform.
From the trading stats, we find that the total profit and absolute profits are similar at 72.77% and 72.785% respectively. A daily profit of 0.54% and a monthly profit of 17.40% are present. The drawdown for the account is 30.48%. For the account started in June 2021 with a deposit of $2000, a total of 2258 trades have been executed at profitability of 86%. The profit factor value is 2.27 and the lot size used is 0.01. From the results, we can see that the drawdown is high. This indicates a risky approach of the system.
Support methods the vendor offers include email, AnyDesk, Team Viewer, and live chat. As per the vendor, the support team works 24/7.
We could not find user reviews for this FX EA on reputed sites like Forexpeacearmy, Trustpilot, etc. The lack of feedback indicates this is not a popular or effective EA.