Happy Frequency uses a combination of strategies to ensure successful returns and minimal risk. The expert advisor is fully automated and designed to work on multiple currency pairs. Verified real trading results are present for the system and other benefits include good pricing and a refund offer. The strategies used are considered high-risk, but the FX robot has effective counter-measures that ensure you get high profits without much risk to your capital.
What is Happy Frequency?
As an ATS, this expert advisor has the following key features that make it competitive in the market:
- It is 100% automated and works 24/7.
- The FX robot uses a news filter for safeguarding the strategy.
- It is compatible with the MT4 platform.
- The ATS has an easy installation process.
- It can detect 4-digit or 5-digit quotes automatically.
- You can use a micro, mini, ECN, or standard account.
- A minimum deposit of $4000 or $40 micro (cent) is required.
- A 5-minute timeframe is recommended for this FX EA.
- It supports ECN brokers.
- The FX EA works on the USDCAD, EURUSD, EURGBP, EURJPY, EURCHF, GBPUSD, AUDUSD, USDCHF and USDJPY pairs.
Official Happy Frequency website
The website is well-designed providing all the important info you need to know about the product on a single page. Happy Forex is the company that promotes this FX EA. Since 2016 the firm has been providing successful EAs that have helped FX traders of all experience levels. Other products of the company are Happy Neuron, Happy Way, Happy Gold, and more. For support, the vendor provides an email address, a live chat feature, an FAQ section, AnyDesk, and TeamViewer.
How can we use Happy Frequency?
As the name implies, the FX EA trades frequently to generate better returns. To enable the high-frequency trades, it uses a combination of approaches including trend, grid, and semi-martingale. The use of the methods is based on the high, middle, low, or combined risk EA files.
Pricing & refund
You can choose from the two available packages present to buy this FX EA. One of the packages costs €299 for 2 licenses while the second package costs €499 for 5 licenses. In addition to the FX EA, the packages contain 9 other expert advisors from the Happy Forex company. A 30% discount is present with the packages.
The vendor also provides a free bonus indicator. Other features you get include free updates, free upgrades, and a limitless number of demo accounts. The vendor offers a 30-day money-back guarantee which shows it is a reliable product. Further, when compared to the market average, we find the pricing is very affordable.
The FX robot uses three different approaches namely the grid, semi-martingale, and trend methods. It uses them in combination or separately based on the risk level you choose in your settings. Further, a news filter is used to protect the strategy and avoid losses due to influential news events. No backtesting results are present for the FX EA. However, you need to keep in mind that although the backtesting helps to provide insight into the strategy, they cannot predict similar future performance.
The vendor provides a live real USD account using the ORBEX broker and the leverage of 1:500. The account is verified by the Myfxbook site.
From the above stats, we can see that a total gain of 104.79% is generated with a daily profit of 0.11% and a monthly profit of 3.36%. The drawdown for the account is 41.03%. For an initial deposit of $4000, the account that started in July 2020, has completed 5,838 trades with a profitability of 81% and a profit factor value of 1.86.
A lot size of 0.01 is used. From the growth curve, it is clear that the system shows steady growth despite the drawdown being a bit high. The small lot size and consistent growth indicate robust money and risk management. For traders who prefer consistent and decent profits, this is a good choice to consider.
What customers say about Happy Frequency?
Unfortunately, we could not find user reviews for this FX EA. However, we found 28 reviews for the Happy Forex company with a rating of 4.7/5. User feedback indicates that the EAs of the company are profitable and the support is good.
Summary: is Happy Frequency a trustworthy EA?Happy Frequency
Trading Results4/5 Good
- Pricing is affordable
- Live verified results
- High drawdown