Happy Fast Money uses a grid hedge market neutral strategy and trades on MetaTrader 4 platform. The algorithm works for both experienced and beginner users and comes with micro, mini, and standard accounts.
Happy Forex is a company that owns different Forex robots. The enterprise has provided evidence of its profile on platforms like Facebook, LinkedIn, Twitter, etc. Users can contact them via filling out the contact us form or sending them a message in the support section.
Happy Fast Money strategies and tests
The algorithm works in the following way:
- Purchase the selected product
- Press download and get the files into your computer
- Drag the files into the chart section of the MetaTrader 4 platform
- Allow auto trading
The algorithm trades in multiple currency pairs: EURUSD, GBPUSD, EURGBP or AUDUSD, EURCHF, and USDCHF, and has the following requirements for the deposit:
|Micro 0.01 lot||$5000|
|Mini 0.1 lot||$50000|
|Standard 1 lot||$500000|
It uses grid and hedging strategies and uses limit orders to enter the market. We can observe the use of the swing trading approach from the live records on Myfxbook. This is evident from the average trade duration, which is 4 days. It can have a stop loss and take profit between 10-100 pips. There is no involvement of martingale, which is a plus.
The essential characteristics that the robot comes with are as follows:
- Easy set up process
- 24/7 fully automated trading
- A 30-day money-back guarantee
- Unlimited use
- Auto detection of 4 or 5 digit brokers
Backtesting result analysis
Unfortunately, there are no backtest records available for Happy Fast Money.
Happy Fast Money live trading account review
The robot’s performance can be seen through its verified records on Myfxbook from June 21 to March 31. The initial amount deposited was $2000, and the account’s current balance is $3,509.45. The gain ratio is 75.47%, with a profit factor of 1.66. The average win was $3.86, and the loss was $6.09.
The best trade made was $26.13, and the worst was $52.56. The drawdown was 20.97%, with a monthly gain rate of 6.13%. Live states showed a total of 1365 trades were made, out of which 72% were positive, and 28% were negative trades.
The purchase comes with two different deals: €299 package (2 licenses) and a €499 (5 licenses) offer. The EA comes with a free update, user guide, installation method, lifetime use, etc. The money-back option is available and is valid for 30 days. Buyers can pay for the order via Visa card, Master card, PayPal, etc.
Is Happy Fast Money a good system to rely on?
The company has a rating of 4.5 on Trustpilot and has 14 customer reviews. One of the user’s comments about one of the Happy Forex products was that the expert advisor brought him a profit of 4$. They are satisfied with the performance.
Another client states that the EAs work stably and have good performance with outstanding outcomes.