Happy Algorithm PRO is a system that can provide us with automatic orders execution on the Forex market. The developers are a pretty known company–Happy Forex. The presentation provides us with details about how the system functions and what we should expect from the robot when it works on our account.
The system was designed to cover us with algorithmic trading. It has been working on a real account since July 2021. The robot shows stable and predictable results.
Trading strategies and currency pairs
The presentation includes various information about the robot’s features, settings, and other important details which we have systemized in the following list.
- The money management system helps us to calculate deflections of the correlative.
- It protects our orders with SL and TP levels placed. They allow us to keep our account safe.
- We may start working without trading experience at all.
- Any account size is supported by the system.
- It will open orders on the MT4 platform.
- The system can be properly backtested.
- The default settings are properly customized.
- It allows us to open orders on USDCHF and EURUSD.
- The advisor works on a huge time frame–D1.
- We don’t know if this is correct because the average time frame is H1.
- It’s possible to work with FIFO requirements.
- We can set TP levels in percent to the account.
- It requires us to have a good VPS service, so our orders will be executed quickly.
- The allowed operational systems are Windows 7, 8, 10, Mac OS, and Linux.
- There are three account types allowed: Micro, Mini, and Standard.
- An ECN account should be a great option to decrease spreads.
- The account can be 4 or 5 digits.
The developers decided not to provide us with relevant backtest reports. So it makes it impossible to check what results the system received working on the past tick data.
Happy Algorithm PRO trading statistics
The advisor has been running a real account. The broker is an averagely-known for automatic trading – ForexMart. The leverage is at the common level–1:500. The platform, as mentioned, MT4. The account has a verified track record. It was created on June 18, 2021, and deposited at $1,500. Since then, the total gain has become 39.03%. An average monthly gain is 3.84%. Although the maximum drawdown was 66.49%, the growth chart keeps being pretty smooth and predictable.
The system has traded 643 deals with 2,464.5 pips obtained. An average win is 29.28 pips when an average loss is -29.58 pips. It works with a win rate of 51-57%. An average trade length is 3 days. The profit factor is 1.28.
The system opens orders during the European trading session.
Wednesday is the least tarded day with 82 deals closed.
The system works with a grid of two currency orders that is opened in the same direction.
The advisor is profitable this year so far.
Pricing and refund
We can purchase the robot by one of two packages. The first pack includes two licenses and costs 299 EUR. The four-license pack is available for 499 EUR. We can also rely on ten free EAs, one indicator, free updates, upgrades, and support. The developers support us with a 30-day refund policy.
What else you should know about Happy Algorithm PRO
The system has been working on the market for almost a year and keeps being profitable. So, this means it’s well-designed.
There’s a page of Happy Forex on Trustpilot. We have 13 clients who decided to write reviews about their experience.
We may note that all pieces of feedback are positive. So, it’s good for developers and for us.