Happy News is a product of a well-known company called Happy Forex. The company designed many trading solutions for years of existence. We don’t know if this one is good. That’s why we decided to analyze this trading tool and write a detailed Happy News review.

Product Offering

The robot has many features:

  • The system trades completely automatically on the MT4 terminal.
  • There’s an option that allows us to choose what news we’d like to trade.

Happy News. The system informs us what news is upcoming and what one has already been traded.

  • The system informs us what news is upcoming and what one has already been traded.
  • The system has an auto GMT setting.

Happy News. The suggested broker is Admiral Markets.

  • The suggested broker is Admiral Markets. We’re sure that it’s a good one.
  • The robot requires an ECN account to work with low spreads.
  • The minimum deposit requirements start from $100 for opening deals with a 0.01 Lot Size.
  • We can use the system on the 4 and 5 digit charts.

Happy News. We’ve got a “Today 30% discount” since the beginning.

We’ve got a “Today 30% discount” since the beginning. It’s common that the robot is introduced in two packages: 2-license 10 EAs pack and 5-license 10 EAs pack. The first pack costs 299 EUR. The second pack costs 499 EUR. The packages have the next in common:

  • There are ten robots. Many of them have become scams. So, it’s a quest to find if they fit modern market conditions.
  • There’s a download free Happy INDIcators Pro feature.
  • The demo testing isn’t limited by the number of accounts.
  • There’s a PDF user manual provided.
  • The developers provide 24/7 support through email, TeamViewer, and Desk.
  • We can rely on free and lifetime updates and upgrades.
  • The system isn’t limited by margin requirements or brokers. We’re not informed whether it fits NFA or FIFO rules.

Trading Strategy

  • The system works around setting pending orders in both directions right before the news release.
  • If the market touches an Entry Point, the order is opened.
  • The news should be received from the ForexFactory calendar or similar services.
  • The system doesn’t support risky strategies

Trading Results

The Happy News presentation has no backtest reports. 

Happy News Myfxbook

Happy News runs a demo USD account on the Fort Financial Services broker. The system uses only fundamental (news) data to spot trading opportunities. The leverage is 1:500. There’s a verified track record and verified trading privileges. The account was created on February 25, 2016, and funded at $6,593.48. Since then, the absolute gain has become +381.28%. An average monthly gain is +2.56%. The maximum drawdown is 39.26%.

Happy News advanced statistics

There were 745 deals with 870.0 pips traded. An average win is +3.97 pips when an average loss is -15.00 pips. The Win-rate for both Long and Short trading positions is equal – 85%. An average trade length is five minutes. The Profit Factor is low – 1.22.

Happy News trading results

The robot works with four symbols: AUD/USD, EUR/USD, GBP/USD, and USD/JPY. The most traded as well as the most profitable pair is EUR/USD with 260 deals and $6997.79.

Happy News trading results

Most orders are opened during the High Impact News period on the European session.

Happy News trading results

Friday is the most traded day with 291 deals. It’s weird because most activities are on Tuesday and Thursday.

Happy News trading results

The system runs the account with medium-high risks to the balance.

Happy News trading results

As we can see, the developers decided to recover after years of losses in a big way. All three deals with Martingale Lot Sizes were lost.

Happy News monthly gain

All of this influenced the monthly result. So, now the system has to make profits three months in a row to recover after losses.

Customer Reviews

Happy News Customer Reviews

Happy Forex has a profile on Forex Peace Army. The rate is 3.5 based on five reviews.

Happy News. Performance tests

There’s a list of connected accounts. As we can see, four systems have become the scams. The only two keep running the real accounts.

Happy News Customer Reviews

There are some positive comments from faceless people.

Looking for the best forex robot?Discover top-performing systems selected by ForexRobotExpert team
PROS
The system was designed by a well-known company
Strategy details are well-explained
CONS
No backtest reports provided
Dangerous trading results
The offer is overpriced
There’s a 30-day money-back guarantee provided
No people testimonials shared
3.1
Verdict
Happy News is an old like mammoths robot that has been running the demo account since 2016. Alas, the period of growth ended several years ago. So, the system requires tuning it has never got. Now, the robot is a scam and dangerous trading solution, especially to run it on the real account.

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