Happy Galaxy is an absolutely new trading advisor that was released by Happy Forex several days ago. The company is a well-known robot developer on the market. The devs claim that the “system has built-in new methods for determining the direction of the trend, small grids or recover losses.” We cannot trust words only. Therefore, we have decided to conduct a detailed analysis of the system.
Product offering
The presentation has a quite short block of explanations:
- The system can be used automatically.
- It focuses on spotting trend moves to use a Grid of several orders.
- The advisor can recover losses well.
- There is Filter News implemented to reduce drawdown at high market volatility.
- It supports ECN brokers.
- The robot follows FIFO rules.
- It auto-detects 4 or 5 digit quotes.
- The advisor is an easy to instal trading solution.
- It fits any broker.
- We can work with it on Windows 7, 8, 10, Mac OS and Linux.
- There are both most common platforms allowed MT4 and MT5.
- We have a package that includes an unlimited number of demo accounts.
- We can rely on free updates and upgrades.
“The license is for the first month and then you will automatically receive a free lifetime license on your email. You will pay for the license once only.” It sounds awkward.
The offer is standardized. We get a single real license for €299. The pack includes ten systems where many of them are already scams. The devs support an order with a 30-day refund policy.
Trading strategy
- The strategies behind this EA are: Trend, Grid, and Martingale.
- Five pairs are allowed to work with: EURUSD, GBPUSD, USDCHF, EURGBP, and EURCHF.
- The only time frame to work with is H1.
- The minimum deposit requirements are $1000.
- The optimal deposit is $2000.
Trading results
The system was tested on EURUSD on the H1 time frame. The period was chosen from 2020 to the mid of September 2021. The leverage was 1:500. The ticks quality was 100%. An initial deposit of $1000 has turned into $3,805 of the total net profit. The profit factor was 3.04. There were 666 orders executed with 71.62% of the accuracy for long trading positions.
Trading results verified by Myfxbook were revealed as well. The system has been running a real USD account on ForexMart with 1:500 leverage on MT4 automatically. This broker is a little-known one. The account has a verified track record and trading privileges verified as well. It was created on July 27, 2021 and deposited at $1,000. Since then, the absolute gain has become 81.61%. An average monthly gain is 19.26%. The maximum drawdown is 35.26%. It’s an unhealthy number. No one tracks these results.
There were 397 trades with 5953 pips traded. An average win in pips is 24.93 when an average loss is -32.22. The win rate is 84% for long and 82% for short trading positions. An average trade length is three days. The profit factor is high – 3.76.
GBPUSD is the most actively traded cross pair with 146 orders executed and $216.93 profits gained.
The system works with a conservative Grid of 1-4 orders.
Most of the profits vary so much. We don’t know what the median profit should look like.
Customer reviews
The system is absolutely new. So, there are no customer reviews of third-party websites.
