Forex FundsForex Robots

Happy MartiGrid Review: Is It a Scam?

0
Happy MartiGrid

Happy MartiGrid is a trading advisor that works with a risky strategy combo of Grid with Martingale. The advisor belongs to the Happy Forex family. The product presentation is not informative enough, that’s why we are unable to get all the necessary intel about the system.

It was a challenge for us to find proper explanations about how the advisor works and what we have to expect from it.

  • The system can execute orders automatically for us.
  • Manual trading is also allowed if we want to open some orders.
  • It works with Grid and Martingale.
  • It opens orders on H1.
Happy MartiGrid chart

Happy MartiGrid chart

  • We have a news filter that helps us with skipping some hours.
  • The money management system works based on free margin, calculating lot sizes.
  • It follows FIFO rules.
  • The advisor can be set on Windows, Mac OS, and Linux.
  • We have three types of accounts allowed: Standard, Mini, and Micro.
  • The account balance has to start from $3000.
  • We are allowed to trade on 5-digit and ECN account terminals.

Trading strategies and currency pairs

  • Gird and Martingale are risky strategies.
  • We can trade AUDUSD, EURUSD, EURJPY, NZDUSD, and USDJPY.
  • The system places acceptable SL and TP levels.
Happy MartiGrid backtest report

Happy MartiGrid backtest report

There’s a GBP/USD backtest on the H1 time frame. The backtest data is based on the 2008-2012 period. The modeling quality was 99.90% without a mention of spreads. An initial deposit of $3,000 has become $8,839 of the total net profit. The profit factor was 1.92. The maximum drawdown was 15.80%. It’s an acceptable number. There were 6101 deals executed with a win rate of 74%.

Happy MartiGrid trading statistics

Happy MartiGrid trading results

Happy MartiGrid trading results

Happy MartiGrid was set on an all-new broker namely ForexMart. The system works automatically with 1:500 leverage on MT4. The account has a verified track record. It was created on June 18, 2021, and deposited at $2,000. Since then, the total gain has grown to 33.52%. An average monthly gain is 5.58%, while the maximum drawdown is 26.07%.

Happy MartiGrid statistics

Happy MartiGrid statistics

The system has traded 287 orders with 7174.6 pips. An average win is 39.17 pips when an average loss is -39.05 pips. The win rate is 80% for longs and 83% for shorts. An average trade length is seven days. The profit factor is high – 4.40.

Happy MartiGrid currency pairs

Happy MartiGrid currency pairs

EURJPY is much ahead in trading with 109 orders and $244.76 of the profit.

Happy MartiGrid risks settings

Happy MartiGrid risks settings

The risk of losing 10% of the balance is medium.

Happy MartiGrid list of closed orders

Happy MartiGrid list of closed orders

On the last page, the win rate was okay.

Happy MartiGrid monthly trading results

Happy MartiGrid monthly trading results

We may note that a half a year period was closed in a profit.

Pricing and refund

Happy MartiGrid pricing details

Happy MartiGrid pricing details

The price is common. We have to pay €299 for two licenses and €499 for five licenses. There are ten useless advisors added to the pack for free. Almost all of them are scams. We can rely on a 30-day refund policy.

What else you should know about Happy MartiGrid

The system runs with such risky strategies. It closed many months in profit but if something goes wrong, the account is lost within a day. It’s noticeable that the devs didn’t increase the account balance.

People feedback

Happy MartiGrid’s page

Happy MartiGrid’s page

Happy Forex has a page on Forex Peace Army with a 3.542 rate based on 5 reviews. We may note many robots were stopped from those that are suggested in the package.

Comment about Happy Forex on FPA

Comment about Happy Forex on FPA

The only negative comment wasn’t about Happy MartiGrid.

Happy MartiGrid Conclusion

3.5

Happy MartiGrid is an expert advisor that works with a combo of risky strategies like a Grid and Martingale. The trading results showed that the update was okay. Alas, we have no testimonials that would match these profits.

  • Price - 2/10
  • Strategy - 2/10
  • Trading Results - 5/10
  • Vendor Transparency - 4/10
  • Customer Reviews - 2/10
  • Support - 6/10

    Best Platinum ETF for the New Opportunities in 2022

    Previous article

    Vanguard Index Fund Now Accounts for 10% of Assets in US ETFs, Mutual Funds

    Next article

    You may also like

    Comments

    Leave a reply

    Your email address will not be published. Required fields are marked *

    More in Forex Funds