Happy Algorithm PRO is a Forex expert advisor from the Happy Forex team. This robot, launched by the Germany-based company, claims to trade sizable client accounts through the MetaTrader 4 trading platform. It can deal in two currency pairs and is compatible with multiple operating systems.
Happy Algorithm PRO: characteristics
As per the developer’s claims, both novice and expert individuals can use this system without facing any problems whatsoever. It runs on different operating systems like Windows, Linux, and Mac OS. It only runs on the MT4 trading software, but you can use different account types like Micro, Mini, and Standard.
The minimum deposit depends on the type of account you are using. For a micro account with a 0.01 lot size, you should deposit at least $1000. If you are using a mini account, you don’t need to invest too much. A small amount of $10 should get you started. For a standard account, the recommended deposit is $100.
Happy Algorithm PRO is capable of trading non-stop 24/7. There is no complex installation process for this EA. It supports all ECN brokers and is capable of performing auto-quotes detection of 4 or 5 digits. You don’t need to put in manual efforts for the system to function, since it is fully automated.
Currency pairs, strategy & timeframe
This is an expert advisor that measures correlative deflections. It also gauges the setting’s performance, conducting static analysis for getting optimal take profit and stop loss. Happy Algorithm PRO measures the rational deflections of the price line for certain pairs that have correlations. After that, it displays the difference as a line.
The EA presents the close in particular limit and currently counts the limits. When the close finds its way to the limit, the system trades and closes it after returning to the middle value. The EA is optimized to trade in pairs like EUR/USD and USD/CHF. It prefers the longer timeframes, which is why the developer recommends loading the EA on D1 charts.
Happy Algorithm PRO trading performance
There are two trading accounts for this expert advisor, but this is the one that is currently active. It was launched on June 18, 2021. Since then, the robot has conducted 587 trades through this account. Currently, it has a very decent win rate of 57%. The total profit stands at $209.73, while the time-weighted return is 35.09%, while the absolute gain is 20.97%.
At this moment, the daily and monthly gains for this account are 0.12% and 3.65%, respectively. The drawdown is 45.26%, while the profit factor is 1.25. Since the profit factor is above 1, we can confidently say that the EA is profitable. The account balance currently stands at $1209.73, and the Sharpe ratio is 0.07.
Here we have the recent trades placed by the EA through this account. AS you can see, the EA trades with a fixed lot size of 0.01, which means this is a micro account. The average trade length is four days, but the EA often closes the orders in a few minutes. Happy Algorithm PRO generates steady profits, and while it suffers the occasional loss, it is never too large. The average win and loss for this account are 30.16 pips/$3.12 and -30.98 pips/-$3.24, respectively. Currently, there are no backtesting results for this Forex robot.
How much does it cost?
There are two pricing plans for this EA. The first one comes with two real and an unlimited number of demo accounts and you can buy it for 299 Euros. With the second plan, you get five real accounts and unlimited demo account licenses for 499 Euros.
The vendor is currently offering the EA at a 30% discount. There is a special offer that provides you with the Happy Forex Full Pack containing 10 EAs, for free. Moreover, the developer offers a 30-day money-back guarantee and each user gets access to free updates and upgrades.
Reviews from customers
We were unable to find any customer reviews for this expert advisor on trusted third-party websites.
Should you use Happy Algorithm PRO robot?
|Verified trading statistics||No backtesting results|
|Compatible with multiple operating systems|
Happy Algorithm PRO has managed to maintain a steady win rate even after spending quite some time in the live market. It is not too expensive and comes with a special offer where you use several other EAs along with it. Also, the vendor offers users the protection of a refund policy.