Happy Way EA comes with constant updates from the developers and automatically detects 4 or 5 digit brokers. The seller claims that this system is fully automated and is extremely easy to set up and use. Statistics like live trading results have been provided on the website. We will go through all the necessary details in our review so that traders can know about the performance of this robot.
Happy Way robot review
The robot has the following features:
- It trades on multiple currency pairs.
- The system is designed for use by all sorts of traders.
- The EA works on Windows 7, 8, 10, 11, Mac OS, and Linux.
- It executes trades 24/7.
- It provides support for ECN brokers.
How it works
The service will work if you follow the steps below:
- Purchase the bot from the website and download it on your PC
- Launch the MT4 platform on your PC
- Drag the EA files onto the charts section and begin auto-trading
Trading strategies and currency pairs
Happy Way uses a trading strategy that employs grid strategy without increasing any lot size. It can trade on multiple currency pairs including USDCAD, AUDUSD, AUDCAD, CADCHF, AUDCHF. From the live records on Myfxbook we observe that it trades the market with an average trade duration of 18 days.
Unfortunately, backtesting records could not be located on the website. However, the dev shares a 4-years archive of history closed account. From there we observe that the total gain was 44.79% with a drawdown of 32.31%. The algorithm was live from May 15 2017 till June 11 2021. The initial deposit of $29726 was turned into $43041.43.
Happy Way trading statistics
Verified trading records on Myfxbook have been given, showing performance from June 21, 2021, until March 25, 2022. The system made a monthly gain of 1.67%, with a drawdown value of 18.89%. This DD is safe, according to industry benchmarks. Deposits stood at $2,500, with profits valued at $420.21.
The system participated in 161 trades, of which 68% were profitable. The lot size was reported as 1.61, which is good. The profit factor was reported as 2.03. The best Trade in dollars was equal to $27.92, and the worst was -$26.4. The average trading length of the robot was 18 days.
Pricing and refund
Traders can purchase the bot for 299 Euros, which provides access to 2 real accounts. Another pricing package is sold at 499 Euros which grants usage to 5 real keys. These come with lifetime updates, a detailed user manual, 24×7 customer support through Email, TeamViewer, or AnyDesk. Also, customers are entitled to a 30-day money-back guarantee.
What else should you know about Happy Way?
Customer reviews on TrustPilot, a third-party site, give the parent company Happy Forex an excellent rating of 4.5 stars for 17 reviews. A satisfied customer remarks how the Happy EAs outperformed all other EAs, which points towards using good strategy and stable working.
Another customer appraises the company and their bots for generating good profits, and they have been happily using their products for several months now.