Happy MartiGrid is an expert advisor that claims to provide the best profits and stability. This FX EA uses the Grid and Martingale trading method along with filters for new events and technical indicators. It claims to use 99.9% optimization, which can provide high profits. As part of the Happy Forex group, this MT4 tool is constantly updated and is in V1.1 now. It is sold with other EAs of the company as a package of 10 systems that cost €299 for two licenses, and €499 for 5 licenses. Additionally, the vendor offers a 30% discount on the price. Support, updates, and lifetime membership are available for this product. A 30-day money-back guarantee is present.
Happy MartiGrid Trading Strategy
Other than the mention of the EA using 99.9% optimization and a sophisticated dynamic SL and TP, we could not find further explanation of how the EA works. As for the strategy, there is just mention of the Martingale and Grid approaches, which is not sufficient to know about the type of approach this EA uses. Both the strategies are considered as high-risk approaches that traders avoid mostly. Even if the vendor claims to use specific attention to ensure profits, we are not convinced that the approaches can work effectively.
Happy MartiGrid Features
As per the vendor, the features of this system include easy installation, ECN broker support, automatic detection of quotes up to 5 digits, and a fully automated system. This FX EA works on the Metatrader 4 platform only. You can use micro, mini, or the standard account for this ATS. The vendor recommends a minimal deposit of $3000.
Happy MartiGrid Backtesting Results
Here is a screenshot of the strategy tester report of this EA working on the GBPUSD pair.
From the above report, we can see a timeframe of one hour is used for the test which started in 2013 and ended in 2011. Modeling quality of 99.9% is used for the test which reveals a profit of $9103.56 for a deposit of $3000. A profit factor of 2.82 and a maximal drawdown of 16.91% are present for this account. Profit trades show 72.40% and lot sizes used vary from 0.01 to 0.05 which indicates the risky approach used by the system.
Happy MartiGrid Live Trading Results
A real USD account of this FX robot using the ForexMart broker on the Metatrader 4 platform with the leverage of 1:500 is shown here.
From the above images, we can see total profit and absolute profit values of 2.21% each. A drawdown of 7.06% is present with a daily profit of 0.07% and a monthly profit of 2.21%. For a deposit of $1000, the account has a balance of $1022.12 during the trading period starting from June 18, 2021, up to July 06, 2021. A total of 16 trades have been executed during this period with a profitability of 81% and a profit factor of 2.89. The lot sizes used vary between 0.01 and 0.02. Due to the small sample size, we cannot assess the performance properly. But the profits are very low even when you consider the monthly profit value.
Happy MartiGrid Reputation
We could not find info about the Happy Forex group which promotes this EA along with several other FX robots. Happy Trend, Happy Power, and Happy Neuron are some of the products of this company. The absence of location address and phone contact shows the lack of vendor transparency. Further, the vendor provides an online contact form only for support. This raises a red flag.
We could not find user feedback for this ATS on reputed third-party sites like Forexpeacearmy, Trustpilot, myfxbook, etc. The lack of reviews indicates this is not a popular system despite the EA being available along with 9 other EAs at a very affordable price.
Happy MartiGrid Review Summary
Overall Rating: 4/10
- Strategy – 4/10
- Functionality & Features – 5/10
- Trading Results – 4/10
- Reliability – 4/10
- Pricing – 5/10
Conclusion
Happy MartiGrid is an FX EA that claims to provide stable profits. Our assessment of the features, performance, and vendor transparency reveals that this is not a reliable EA. From the backtests, we can see the profits made are not very high and the varying lot sizes indicate the risky strategy used. With the real trading results, the sample size is small and the profits are too low as with the backtests. Since these do not correlate with the claims of the vendor, we are suspicious of this robot reliability. Further, the lack of vendor transparency and absence of user reviews only serve to confirm our suspicion that this is not a trustworthy FX EA to use.
