Trading Idea

Happy Forex secures positions using grid strategy without increasing lots (no martingale). It also uses technical analysis (indicator) for safe entry into the market with a News filter.

Specifications

License

2 or 5 Live Licenses with Unlimited Number of Demo Accounts, a Free Lifetime Monthly Renewal of the License Key will be sent to the Registered email to Protect EA from Mass Copying.

Compatible Brokers

Happy Forex Supports ECN Brokers with a maximum spread of 4 and able to Auto-Quotes Detect 4 or 5 Digits, We Recommend Installing it on TradingFX VPS VPS and Using it on Tickmill Forex Brokers for the Best Stability and Profitability.

Trading Account

Micro, Mini, or Standard accounts are compatible with the EA.

Initial Balance

Using Settings 1:

  1. For Micro Accounts (0.05 lot), $1000 is recommended.
  2. For Mini Account (0.5 lot), $10.000 is recommended.
  3. For Standard Account (5 lot), $100.000 is recommended.

Using Settings 2:

  1. For Micro Account (0.01 lot), $200 is recommended.
  2. For Mini Account (0.1 lot), $2.000 is recommended.
  3. For Standard Account (1 lot), $20.000 is recommended.

Using Settings 3:

  1. For Micro Account (0.01 lot), $1000 is recommended.
  2. For Mini Account (0.1 lot), $10.000 is recommended.
  3. For Standard Account (1 lot), is $100.000 is recommended.

User Guide

A Complete Tutorial is available including a User guide - English Version, Happy Forex - Installation.

Future Updates

Free Lifetime Update and Upgrade.

Support

Professional 24/7 Client Support.

BONUS

On Purchasing a Copy of Happy Forex , you get Full Access to EAs Happy Forex Full Packs (10x EAs) including Happy News, Happy Forex, Happy MartiGrid, Happy Way, Happy Market Hours, EA Happy Algorithm PRO, Happy Fast Money, Happy Trend, and Happy News.

Refund Policy

30 Days Money Back Guarantee is Offered by the Vendor.

Supported Currency Pairs

Using Settings 1: GBPUSD, and AUDUSD
Using Settings 2: GBPUSD, EURUSD, and AUDUSD
Using Settings 3: EURCHF, and AUDUSD

MetaTrader Chart Timeframe

H1

3rd Party Verified Live Trading Results

Started On
Aug 22, 2022
Leverage
1:500
Starting Balance
$362500
Total Gain
+38.71%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Aug 22, 2022
Account Leverage
1:500
Profit Factor
2.42
Total Gain
+38.71%
Absolute Gain
+38.71%
Monthly Gain
4.92%
Daily Gain
0.16%
Total Pips
3,733.1
Total Trades
150
Profit Amount
$387.11
(%) Won Trades
3,733.1
Drawdown
17.17%
Demo Account

Started On
2017/08/15 (GMT)
Starting Balance
$10,000.00
Total Gain
+169.2%
FxBlue (Test Hoster)

Live Test Summary

Started On
2017/08/15 (GMT)
Account Leverage
Profit Factor
1.39
Total Gain
+169.2%
Absolute Gain
169.23%
Monthly Gain
+1.0%
Daily Gain
0.05%
Total Pips
36,663.1
Total Trades
2436
Profit Amount
+16,922.84
(%) Won Trades
36,663.1
Drawdown
-42.6%
Started On
Jan 05, 2015
Leverage
1:500
Starting Balance
$361568
Total Gain
+154.03%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Jan 05, 2015
Account Leverage
1:500
Profit Factor
1.52
Total Gain
+154.03%
Absolute Gain
+117.81%
Monthly Gain
1.20%
Daily Gain
0.03%
Total Pips
18,239.7
Total Trades
1,637
Profit Amount
$1,847.33
(%) Won Trades
18,239.7
Drawdown
23.70%

Metatrader Strategy Tester Backtests

View Full Backtest

Backtests Settings

Symbol
AUDUSD (Australian Dollar vs US Dollar)
Period
1 Hour (H1) 2012.01.01 22:00 - 2016.12.11 23:59 (2012.01.01 - 2016.12.12)
Broker
Model
99.90%
Parameters
Bars in test
30804
Ticks modelled
101757485
Modelling quality
99.90%
Initial Deposit
$1000.00
Spread
10

Backtests Results

Total net profit
4298.24
Gross profit
4298.24
Gross loss
-2048.21
Profit factor
2.10
Expected payoff
2.53
Absolute Bal DD
193.84
Maximal Bal DD
234.90 (20.17%)
Relative Bal DD
20.17% (234.90)
Total Trades
891
Short positions (won %)
443 (69.07%)
Long positions (won %)
448 (74.33%)
Profit trades (% of total)
639 (71.72%)
Loss trades (% of total)
252 (28.28%)
Largest Profit trade
38.04
Largest Loss trade
-40.92
Average Profit trade
6.73
Average Loss trade
-8.13
Maximum consecutive wins (profit in money)
36 (212.88)
Maximum consecutive losses (loss in money)
13 (-214.27)
Maximal consecutive profit (count of wins)
264.73 (17)
Maximal consecutive loss (count of losses)
-234.61 (11)
Avarage consecutive wins
8
Avarage consecutive losses
3

Happy Forex Security Settings

  • FFCal setting: News Filter inputs that can be used to tell the EA to avoid trading X hours before and after low, medium, or high impact news releases.
  • FilterSpread: maximum allowed spread.
  • SafeEquityRisk: determines if Happy Forex closes all open trades when a percentage of the account equity is in a floating loss. (new in v1.6).
  • OpenOrdersLimit: limit the number of open orders.
  • SingleOrderSL: Stop Loss for each individual Order (in pips).
  • SingleOrderTP: Take Profit of each individual Order (in pips).
  • Amount of loss: Maximum allowable Drawdown before trades are closed.
  • OpenOrdersLimitDay: limit the number of open orders in days. (new in v1.7).

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.