Forex Robot ReviewsPassive Income

Happy Algorithm PRO Review: Is It Wise to Hand Your Trading Over to This EA?

2 Mins read
7.5

Happy Algorithm PRO can be installed on MT4 and MT5 and comes with support for ECN brokers. The EA does statistical analysis with valid deflection of correlative pairs to trade the markets. It offers continuous updates and unlimited use for traders. Read further to learn more about the EA and its potential benefits. 

Happy Algorithm PRO company profile

Happy Forex is the company behind the development of Happy Algorithm PRO. They have multiple robots present in the marketplace, including Happy Frequency, Happy Gold, Happy Way, Happy Trend, Happy Fast Money, etc.

The highlights of Happy Algorithm PRO

The robot trades EURUSD and USDCHF on a daily time frame. Traders can choose to trade with $1000, $10000, and $100000 on a micro, mini and standard account, respectively.

Features 

Below we have mentioned the features of Happy Algorithm PRO:  

  1. Support is available 24/7.
  2. Fully automated trading system. 
  3. It offers a 30-day money-back assurance.
  4. The developer provides calculated statistical results.  

The steps to get and use the service are as follows: 

  1. Purchase the system from its authentic site
  2. Launch the EA files and access them on your PC
  3. Open MT 4 platform
  4. Shift the downloaded EA files in the charts section
  5. Allow auto-trading
  6. Now you can utilize it

Strategy

The robot measures the deflections of the correlative currency pairs and does statistical analysis to get the optimal stop loss and take profit. It trades on the daily chart. The trading history on Myfxbook shows us that it uses averaging strategies and has a swing trading approach with an average trade duration of 4 days. Even in the case of a losing deal, the system does not increase a lot size to recover, thereby protecting the trading account from the high-risk trading approach.

Trading results of Happy Algorithm PRO
Trading results of Happy Algorithm PRO

Trading results with Happy Algorithm PRO

Myfxbook provides trading records and statistics from June 18, 2021 till March 1, 2022. The system has earned 0.11% of daily revenue and 3.84% of monthly revenue. The robot had partaken in 643 trades in which the average win was 29.28 pips/$3.03. Consequently, the overall deposits were $1500 with $0 withdrawals. The best trade was $22.26, whereas the worst trade was -$21.22. The best trade was $22.26 on September 30, 2021, whereas the worst trade was in September, which was about -$21.22. The current balance of the account is $1,745.05, with an equity of $1,208.71. 

Stats and indexer from Myfxbook
Stats and indexer from Myfxbook
Stats and indexer from Myfxbook
Stats and indexer from Myfxbook

Happy Algorithm PRO packages

The EA is available for purchase for €299 for two real accounts. It also offers a 30-day money-back guarantee and includes a complete tutorial/user guide for better understanding. 

They also offer a full pack that provides five real accounts at $547. Both packages serve 24/7 to the users and come with unlimited expert advice. The pricing is reasonable as compared to other trading systems in the market. The payments are accepted from PayPal, Visa, MasterCard, Maestro, e.t.c. 

Assistance 

Traders can contact the developers by filling out a contact form on the website. One of the traders on Forex Peace Army states that the company is quick to answer their inquiries.

Customer review on Forex Peace Army
Customer review on Forex Peace Army

Other notes

The company has a rating of 3.542 for five reviews on Forex Peace Army. A customer comments that the team is excellent and offers a money-back guarantee for all the purchases.

Customer review on Forex Peace Army
Customer review on Forex Peace Army

Is Happy Algorithm PRO a viable option?

In accordance with the recent reports, the drawdown of the Happy Algorithm PRO system is 66.49%. Although the system’s profits are not high, we can see that it’s gain chart looks constantly rising. 

Drawdown chart from Myfxbook
Drawdown chart from Myfxbook

Happy Algorithm PRO Summary

7.5
Happy Algorithm PRO offers an excellent service with 100% assurance and a money-back guarantee. Customer support is available 24/7 to get expert advice anytime you want. The developers try to maintain transparency in all formats.
7.0

Performance statistics

7.0

Reviews from customers

7.5

Ease of use

7.0

Implemented strategies

9.0

Pricing

Pros

  • +It comes with a money-back guarantee
  • +Traders can gauge the EAs' performance from Myfxbook
  • +The developers provide a detailed user manual
  • +The purchase comes with multiple free robots

Cons

  • -There are no backtesting records available
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