Happy Forex offers a low drawdown and good profits through averaging strategy without increasing the lot size. It can trade with a maximum spread size of 4, is compatible with any broker, and works across multiple currency pairs. We will review the product below to see whether it is worth buying.
The robot is sold at a competitive price in two different options. One package is sold for 299 Euros (2 Real Accounts) and the other one for 499 Euros (5 Real Accounts). They all come with 24/7 customer support, free lifetime updates, a detailed user manual, a 30-day money-back guarantee, and unlimited demo accounts.
Customers may make payments through various means like Mastro, American Express, Visa, MasterCard, & PayPal. Users may contact the support team through email, TeamViewer, or AnyDesk.
Happy Forex trading strategy
The developers state that the robot uses averaging strategies without the use of martingale. It implements technical analysis and has a news filter to sort out bad entries. Traders can use it on EURCHF and AUDUSD on the H1 time frame. Through Myfxbook records, we observe a swing trading approach where trades use a virtual stop loss and take profit. The robot trades 24/5 without restriction on time.
Happy Forex features
The robot has the following features:
- It is fully-automated.
- The system can work with all accounts like Micro/Mini/ or Standard.
- It works on all major operating systems: Windows, Mac OS, & Linux.
- There is support for ECN brokers.
Happy Forex backtesting results
Backtesting results have been provided for AUDUSD from 2012.01.01 to 2016.12.12 for the H1 timeframe. It should be noted that a 99.9% tick model quality was used to produce these records. The system spread was 10. An initial deposit of 1000 was converted into a total net profit of 2250.03. The relative drawdown was 20.17%. The system participated in 891 trades, out of which 71.72 were profitable. The profit factor was valued at 2.10.
Happy Forex live trading results
Verified live records have been provided on MyFxbook from June 18, 2021, till March 4, 2022. It can be observed that the monthly gain is valued at 3.50%, with a drawdown value of 18.71%. A profit of 351.70 USD has been accumulated from an initial deposit of 2500 USD.
The algorithm has taken part in 158 trades, out of which 69% were profitable. The best trade stands at 21.50 USD, while the worst trade stands at -19.37 USD. The product has a strong profit factor of 2.38, with an average trade length of 9 days.
After observing the profit over time chart, it can be inferred that the profit value shows a steady increase from the start, which points towards a healthy growth rate of the robot.
Happy Forex reputation
Customers on TrustPilot give Happy Forex a very outstanding rating of 4.5 stars. There are a total of 13 reviews present, all of which applaud the bot’s superior performance. One customer is delighted about the product’s easy-to-understand UI that makes things much more manageable.
Another satisfied customer says that the robot is the best one they ever used, and they appreciate the excellent customer care provided.
Happy Forex review summary
- Strategy – 7/10
- Functionality and features – 7/10
- Trading results – 8/10
- Reliability – 7/10
- Pricing – 9/10
Happy Forex provides the live performance and backtesting results that point towards transparent practices by the sellers. The stats indicate that the system generates stable profits while providing great add-on features like free lifetime updates, good customer care, etc. The customer reviews on third-party websites corroborate this.