Happy Neuron Review: Does It Win or Lose?

Happy Neuron

Happy Neuron trades using market sentiment and is based on a neural network that allows the algorithm to adapt to the conditions. It has a built-in news filter and is compatible with any brokerage. It comes with little to no information on the website. There are, however, live results that can guide us on the system’s performance.

What is Happy Neuron?

Happy Neuron has the following features:

  • It has a built-in news filter allowing it to avoid volatile market conditions
  • It can work on 25 currency pairs simultaneously
  • It is easy to install and works fully automatically
  • It auto-detects four and five-digit brokers
  • It has three different risk modes that differ on the basis of the outcome

The developer does not provide any information on the leverage that traders should utilize. The minimum deposit can vary from $2000 to $5000. Less initial deposit can cause margin calls. The robot can trade on 25 currency pairs, including AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, and USDJPY.

Official Happy Neuron website

Happy Forex is the company behind the development of the algorithm. The company details all the information about the robot on a single page. There is no information on the developers and their trading and coding experiences which is a poor activity.

How can we use Happy Neuron?

You can download the product after receiving it via email. Place the ex4 or ex5 file on the experts’ folder of the MT4 or MT5 directory. Then refresh the experts’ tab and place the EA on respective to begin trading. Do not forget to enable the auto-trading button beforehand.

Pricing & refund

The robot is only available for 349 Euros and comes with 10 other EAs from the company as a bonus. There is no money-back guarantee with the program.

Fee structure for Happy Neuron
Fee structure for Happy Neuron

Trading strategy

The developer does not share much information on the strategy of the expert advisor. They state that it is built on a neural network that senses market sentiments and trades accordingly. We analyze the trading history on Myfxbook for better understanding. The robot uses a fixed stop loss of 7 pips for most trades. It leaves out some trades that are in the negative and does not close them which can lead to a floating drawdown.

Trading history on Myfxbook
Trading history on Myfxbook

The developers do not provide any backtesting results which is a poor activity. This raises many concerns over authenticity.

Current performance

Live trading results are available on Myfxbook, which show performance from Dec 15, 2021, till June 16, 2021, for Old Happy Neuron Aggressive. The robot had an average monthly gain of 10.83%, with a drawdown of 72.66%. There were 3558 trades in total, with 36.57 lots traded. The expert advisor traded with a winning rate of 84% with a profit factor of 1.86. The best trade was $145.70, while the worst one was -$47.45. The drawdown percentage states that the robot lost more than half of the account balance while trading.

Live records on Myfxbook
Live records on Myfxbook

What are the real customers saying about Happy Neuron?

Customer reviews are available at the Forex Peace Army for Happy Forex which gives them a rating of 3.542 for a total of 5 reviews. Customers state that the developers are using small deposits as they fear blowing up their accounts.

Customer review on FPA
Customer review on FPA

Summary: is Happy Neuron a trustworthy EA?

Happy Neuron
2.6 5 0 1
Happy Neuron does not have satisfactory live trading results. The drawdown value is extremely high. The company does not provide any backtesting which could mean that the EA could have reached a margin call during historical testing.
Happy Neuron does not have satisfactory live trading results. The drawdown value is extremely high. The company does not provide any backtesting which could mean that the EA could have reached a margin call during historical testing.
2.6 rating
2.6/5
Total Score
  • Strategy
    2.0 rating
    2/5 Bad
  • Features
    3.0 rating
    3/5 Neutral
  • Trading results
    2.0 rating
    2/5 Bad
  • Reliability
    3.0 rating
    3/5 Neutral
  • Pricing
    3.0 rating
    3/5 Neutral

Like

  • Customer support is available readily

Dislike

  • Live results show a huge drawdown
  • Does not explain the trading strategy properly
  • No backtesting results are available
Total
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