Happy Frequency works on micro, mini, standard, and ECN account with a minimal deposit of $4000. The algorithm is easy to install and is subjected to continuous updates to remove any bugs within the code. We will analyze the live records of the system in our review to analyze its drawdown, winning rate, and profitability.
The company sells its algorithm for €299 and €499, offering 2 and 5 licenses. The product comes with a 30-day money-back guarantee and other sets of free EAs, including Happy News, Happy Gold, Happy Way, Happy Market Hours, and more.
Is Happy Frequency good?
Happy Frequency maintains transparency on its live records and has extensive trading history, which proves its performance. The developers are keen to provide full support with the purchase and constantly updating the product according to the current market conditions.
Features of Happy Frequency
To install the algorithm, traders have to download the exe file on their PCs. After running the program, it will prompt you to select your MT 4 platform, and it will transfer the EAs files directly into the appropriate directory.
The algorithm has the following features:
- Easy to install and comes with support for ECN brokers.
- It can trade on multiple account types.
- Automatically detects 4 or 5 digit brokers.
- There is a complete tutorial to guide traders.
|Price||€299 and €499|
|Money Refund||30 day|
What strategy does Happy Frequency use?
The developer states that the robot trades on USDCAD, EURUSD, EURGBP, EURJPY, EURCHF, GBPUSD, AUDUSD, USDCHF, and USDJPY. It implements grid and martingale strategies and uses a news filter to avoid unfavorable market conditions. We can see that the strategy goes well with both the backtest and live trading records, showing us that the system uses proper risk control.
The trading history on FXBlue shows us that the system uses a fixed take profit of 7 pips for all trades. From an average trade length of 2.6 days, we deduce that it has a semi swing trading approach.
Backtesting vs. live trading results
Although there is no backtest report provided, the devs share a 3-years archive of the history of closed accounts on their website starting from July 25 2018 till June 10, 2021. They have deposited $39772.86 on their portfolio which gives a total gain of 170.94% boosting the initial account value to $107761.25. During the period the algorithm had a constant floating drawdown ranging between 30-80%.
The developer provides live trading records that are tracked via FXBlue. These results indicate a performance charting from June 2022 till the current date. The robot makes an average monthly gain of 7.2 % with 10.5 trades each day. The records show that the bot has a profit factor of 1.99. It’s a great number. From 3186 trades, the best trade ended at 36.19 USD, and the worst trade ended at -22.5 USD. For less than 1 year of trading activity, the robot could generate $2205. Its balance chart shows us a good dynamic of the system’s constantly raising gain.
The core team
Happy Forex is the developing team behind Happy Frequency. Traders can witness their profiles on Facebook, where the authors are constantly announcing news about their developments.
The company has a total rating of 4.7 for 28 reviews on TrustPilot. A trader comments that their platform is reliable and easy to use.
Another investor on Forex Peace Army comments that he has tested one of the robots for 2 weeks and found it profitable.