Happy Frequency is an expert advisor designed to work on multiple currency pairs. It uses a combination of strategies to ensure high returns and minimal risk. As the name implies, it trades at a high frequency to generate better results. In this review, we are going to check the veracity of the vendor’s claims by evaluating the various aspects of this FX robot including its performance, support, strategy, and more
Happy Frequency company profile
Happy Forex is the company that develops and promotes this FX EA. Since 2016 the company has gained popularity for its extensive range of EAs that assure profitable results. The developer team of trading and programming experts ensures the products work effectively providing the desired results accurately. Other products of the company include Happy Way, Happy Neuron, Happy Gold, Happy Market Hours, and more.
The highlights of Happy Frequency
Some of the significant features of the FX EA that give it an edge over its competitors as per the vendor are:
- It is 100% automated software with an easy installation process.
- The FX robot can detect 4- or 5-digit quotes automatically.
- It supports ECN brokers.
- The expert advisor works on the Metatrader 4 platform.
- A micro, mini, standard, or ECN account can be used for the EA.
- The minimum deposit required is $4000 or $ 40 micro (cent).
- This ATS works on the USDCAD, EURGBP, EURUSD, EURCHF, EURJPY, AUDUSD, USDJPY, USDCHF, and GBPUSD pairs.
- It uses methods like the trend, hedge, grid, and semi-Martingale based on the risk level setting of the EA.
- The risk level settings in the FX robot include low, middle, high, and combination risk.
We could not find info on the recommended brokers and leverage needed for using the ATS.
Facts & figures
There are no backtesting results for this MT4 tool. However, the vendor provides a few real trading accounts verified by the Myfxbook site and the FXBlue site. Here are a few screenshots of the results:
From the above images, we can see the real USD account using the Orbex broker and the leverage of 1:500 on the MT4 platform began in July 2020. A total profit of 101.90% is present with a daily profit of 0.11% and a monthly profit of 3.40%. The drawdown is 41.03%. For a deposit of $4000, the account shows a profit of $4,076.19.
From the growth curve, we can see the profits have increased consistently indicating an effective strategy and above-average performance. Although the drawdown is a bit high, the steady profits indicate a smart money management process. Further, the trading history reveals a lot size of 0.01 is used which shows that the risk is low. Traders looking for consistent profits and effective money management will find this system desirable.
Happy Frequency packages
To purchase this FX robot, you need to pay €299 for 2 licenses or €499 for 5 licenses. The package includes 9 other expert advisors from the company in addition to the Happy Frequency robot. Additionally, you get a discount of 30% on the purchase price and a free indicator. A user guide, free updates, free upgrades, an unlimited number of demo accounts, and a 30-day money-back guarantee are present. When compared to the price of competitor systems in the market we find the price is affordable. Further, the refund offer shows the reliability of the product.
For support, the company provides various methods like email, live chat, assistance via AnyDesk and TeamViewer, and an FAQ section.
Unfortunately, we could not find user reviews for this FX EA on reputed review sites like Forexpeacearmy, Trustpilot, etc. But we found feedback for the company on the Trustpilot site with a rating of 4.5/5 for a total of 13 reviews.
Is Happy Frequency a reliable system?
Here are a few important aspects of this ATS that shows its reliability:
- Live real verified accounts are present showing good performance and effective strategy.
- A money-back guarantee is present for the product.
The reputation of the vendor and the positive feedback for the company.