Happy Algorithm PRO uses correlative deflections and other analytic methods to identify winning trades. It is suitable for all traders and can work on big client accounts using the MT4 terminal. This FX EA is FIFO compliant and works on the EURUSD and the USDCHF pairs using the D1 timeframe. The vendor provides real live verified account results as proof of its performance. The FX robot can work on micro, mini, and standard accounts. It trades 24/7 and supports ECN brokers.

Product offering

The website is well designed with all info about the system present on a single page. Information concerning the features, requirements, updates, live trading results, etc. is presented clearly by the vendor. A few real trading results verified by the myfxbook site are also present on the official site.
Happy Forex is the company that develops and promotes this FX EA. We could not find much info on the developer team or the company. There are no details like location address, phone number, years of experience in the field, founding year, etc.

Happy Algorithm PRO

Type Fully-automated EA
Price €299 – €499
Strategy Correlative price deflections
Compatible Platforms MT4
Currency Pairs EURUSD, USDCHF
Timeframe D1
Recommended Min. Deposit $1,000 
Recommended Deposit N/A
Leverage N/A

You can buy this FX EA for €299, which includes 2 licenses,or for €499 (5 licenses). The price is inclusive of 9 other EAs. A bonus Happy Indicator pro is also provided for free along with a 30% discount. A refund policy is present which comprises a 30 days money-back guarantee. 

A user guide, an unlimited number of demo accounts, free updates, and free upgrades are other features you get with the purchase. We find the price is very affordable considering you get 10 EAs for the price of one product along with a free indicator and a discount. 

Trading strategy

This FX robot uses the D1 timeframe and works on the EURUSD and USDCHF pairs. It is fully automated and uses automatic detection of 4- or 5-digit quotes. For the minimal deposit the vendor recommends the following:

  • For micro accounts of 0.01 lot size, the minimum deposit is $1000
  • For mini accounts of 0.1 lot size, the minimum amount is $10,000
  • For the standard account of 1 lot size, the minimum amount is $100,000

As per the vendor, the FX robot measures the valid price deflection of specific correlative pairs and the difference is shown in the form of a line. The EA uses statistical analysis and setting performance to ensure optimal SL and TP. 

Trading results

No backtesting results are present for the FX robot. Although the results of backtests are not predictive of future performance, they help a trader to know the working method of the system and its efficacy. But the vendor provides a couple of real trading results. Here is a live real USD account using the ForexMart broker and the leverage of 1:500 on the MT4 terminal.

Growth curve of Happy Algorithm Pro on the Myfxbook site.

Trading stats for Happy Algorithm Pro on the Myfxbook site.

From the above images, we can see the system has generated a total profit of 37.11% and an absolute profit of 22.79%. The daily and monthly profits for the account that started in June 2021 are, 0.12% and 3.75% respectively. We find the profits are sufficiently high, especially for an account that has been active for around 8 months. A drawdown of 49.54% is present for the account. A total of 615 trades have been executed with 57% profitability and a profit factor of 1.27. A lot size of 0.01 is used. From the growth graph, we can see a consistent growth has occurred indicating an effective performance. While the drawdown is high, the profits look decent.

Customer reviews

We found 13 reviews for the Happy Forex company on the Trustpilot site. A rating of 4.5/5 is present. Here are a few of the recent testimonials:

User review for Happy Forex on the Trustpilot site.

User review for Happy Forex on the Trustpilot site.

From the above feedback, it is clear that the products are easy to use even for a beginner. One of the users mentions having made a profit with the system.

Pros
It is 100% automated software
Verified live trading results
Money-back guarantee
Cons
Lack of vendor transparency
High drawdown
7
Verdict
Happy Algorithm PRO uses price deflections and other criteria for ensuring high returns. Our analysis reveals the system has live verified results that show a decent growth curve despite a high drawdown. Further, the product is affordably priced and comes with 9 other EAs in a single package. The money-back-guarantee is another factor that indicates the reliability of the system.

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