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Happy Market Hours is a scalper Forex robot that is basically designed for all types of traders in the Forex market including new users. Happy Market Hours can trade on any account balance size with the MetaTrader application.
Trading Idea
Happy Market Hours is a scalper EA using identical 40 pips S/L and T/P limits with default maximum spread of 5 pips, basically designed for all types of traders in the Forex market including new users.
Specifications
License
2 or 5 Licenses according to the version purchased, for EA Happy Forex full pack. The Authors have Applied for Yearly Renewal of the License Key After the First 30 Days Money-Back Period to Protect their EA from Mass Copying.
Broker Compatibility
Happy Market Hours Supports ECN Brokers with Auto-Quotes Detection 4 or 5 Digits.
We recommend trading with Happy Market Hours on Tickmill, and Scope Markets Forex brokers via TradingFX VPS Forex VPS for the best stability and profitability.
User Guide
A Complete Tutorial is available including a User guide - English Version, Happy Market Hours - Installation.
Updates / Upgrades
Free Lifetime Update and Upgrade.
Note
On Purchasing a Copy of EA Happy Market Hours, you get Full Access to All Other Happy Forex Products including Happy Forex EA (3 trade set in 1 EA), Happy MartiGrid EA, Happy Fast Money EA, Happy Trend EA, Happy Way EA, Happy Algorithm PRO EA, Happy News EA, Happy Frequency EA, Happy Breakout EA, and Happy Gold EA All in One Package.
Refund Policy
30-Day Money-Back Guaranteed by "Happy Forex".
Supported Currency Pairs
EURUSD, EURCHF, EURGBP, EURCAD, USDCAD, USDCHF, GBPUSD, GBPCAD, GBPCHF, CADCHF
MetaTrader Chart Timeframe
M15
Developed By
Happy Forex
About
Happy Market Hours
![MyFxBots Admin [www.myfxbots.com]](/assets/media/avatars/myfxbots-admin.png "MyFxBots Admin [www.myfxbots.com]")
Reviewed By
MyFxBots Admin
Last Reviewed On
Mon, 12 Jun 2023
3rd Party Verified Forward Tests
Real Money Account
Live Test Summary
Started On
Apr 13, 2023
Account Leverage
1:500
Profit Factor
0.39
Total Gain
-28.44%
Absolute Gain
-28.44%
Monthly Gain
-1.32%
Daily Gain
-0.04%
Total Pips
-354.9
Total Trades
141
Profit Amount
-$28.44
(%) Won Trades
-354.9
Drawdown
30.69%
Started On
Sep 01, 2013
Leverage
1:500
Broker
Fort Financial Services
Starting Balance
$45803.8
Total Gain
+4,550.23%
Live Test Summary
Started On
Sep 01, 2013
Account Leverage
1:500
Profit Factor
1.90
Total Gain
+4,550.23%
Absolute Gain
+644.65%
Monthly Gain
4.13%
Daily Gain
0.09%
Total Pips
8,166.0
Total Trades
3,305
Profit Amount
$295,274.98
(%) Won Trades
8,166.0
Drawdown
10.16%
Backtests
Version 1.8 Backtests - 99.90% - risk 5%
2011 - 2016 Happy Market Hours backtests for the supported currency pairs.
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
124726
Ticks modelled
71793845
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
10
Backtests Results
Total net profit
5287.25
Gross profit
19335.78
Gross loss
-14048.53
Profit factor
1.38
Expected payoff
8.99
Absolute Bal DD
958.70
Maximal Bal DD
1856.47 (13.61%)
Relative Bal DD
13.61% (1856.47)
Total Trades
588
Short positions (won %)
294 (72.79%)
Long positions (won %)
294 (68.03%)
Profit trades (% of total)
414 (70.41%)
Loss trades (% of total)
174 (29.59%)
Largest Profit trade
276.00
Largest Loss trade
-280.07
Average Profit trade
46.70
Average Loss trade
-80.74
Maximum consecutive wins (profit in money)
16 (791.15)
Maximum consecutive losses (loss in money)
6 (-371.88)
Maximal consecutive profit (count of wins)
791.15 (16)
Maximal consecutive loss (count of losses)
-748.00 (3)
Avarage consecutive wins
3
Avarage consecutive losses
1
Backtests Settings
Symbol
EURCHF (Euro vs Swiss Franc)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
124727
Ticks modelled
40154056
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
10
Backtests Results
Total net profit
12775.70
Gross profit
19563.49
Gross loss
-6787.78
Profit factor
2.88
Expected payoff
36.09
Absolute Bal DD
172.14
Maximal Bal DD
1728.33 (10.69%)
Relative Bal DD
10.69% (1728.33)
Total Trades
354
Short positions (won %)
162 (76.54%)
Long positions (won %)
192 (77.08%)
Profit trades (% of total)
272 (76.84%)
Loss trades (% of total)
82 (23.16%)
Largest Profit trade
397.86
Largest Loss trade
-321.67
Average Profit trade
71.92
Average Loss trade
-82.78
Maximum consecutive wins (profit in money)
27 (2359.05)
Maximum consecutive losses (loss in money)
5 (-1552.06)
Maximal consecutive profit (count of wins)
2359.05 (27)
Maximal consecutive loss (count of losses)
-1552.06 (5)
Avarage consecutive wins
4
Avarage consecutive losses
1
Backtests Settings
Symbol
EURGBP (Euro vs Great Britain Pound )
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
124704
Ticks modelled
51932190
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
10
Backtests Results
Total net profit
4035.81
Gross profit
9034.80
Gross loss
-4998.99
Profit factor
1.81
Expected payoff
15.46
Absolute Bal DD
54.43
Maximal Bal DD
800.04 (5.93%)
Relative Bal DD
5.93% (800.04)
Total Trades
261
Short positions (won %)
123 (70.73%)
Long positions (won %)
138 (68.84%)
Profit trades (% of total)
182 (69.73%)
Loss trades (% of total)
79 (30.27%)
Largest Profit trade
196.02
Largest Loss trade
-352.94
Average Profit trade
49.64
Average Loss trade
-63.28
Maximum consecutive wins (profit in money)
14 (849.81)
Maximum consecutive losses (loss in money)
5 (-208.49)
Maximal consecutive profit (count of wins)
849.81 (14)
Maximal consecutive loss (count of losses)
-451.59 (4)
Avarage consecutive wins
4
Avarage consecutive losses
2
Backtests Settings
Symbol
EURCAD (Euro vs Canadian Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
124624
Ticks modelled
78655470
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
10
Backtests Results
Total net profit
37944.15
Gross profit
70488.67
Gross loss
-32544.52
Profit factor
2.17
Expected payoff
44.17
Absolute Bal DD
17.25
Maximal Bal DD
3599.45 (8.54%)
Relative Bal DD
8.54% (3599.45)
Total Trades
859
Short positions (won %)
384 (72.66%)
Long positions (won %)
475 (79.37%)
Profit trades (% of total)
656 (76.37%)
Loss trades (% of total)
203 (23.63%)
Largest Profit trade
865.41
Largest Loss trade
-687.48
Average Profit trade
107.45
Average Loss trade
-160.32
Maximum consecutive wins (profit in money)
24 (1540.03)
Maximum consecutive losses (loss in money)
6 (-2682.29)
Maximal consecutive profit (count of wins)
3240.94 (16)
Maximal consecutive loss (count of losses)
-2682.29 (6)
Avarage consecutive wins
4
Avarage consecutive losses
1
Backtests Settings
Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
124689
Ticks modelled
45637793
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
10
Backtests Results
Total net profit
12018.18
Gross profit
23314.60
Gross loss
-11296.42
Profit factor
2.06
Expected payoff
19.35
Absolute Bal DD
89.45
Maximal Bal DD
948.48 (4.91%)
Relative Bal DD
6.14% (673.65)
Total Trades
621
Short positions (won %)
306 (64.38%)
Long positions (won %)
315 (73.97%)
Profit trades (% of total)
430 (69.24%)
Loss trades (% of total)
191 (30.76%)
Largest Profit trade
307.67
Largest Loss trade
-346.24
Average Profit trade
54.22
Average Loss trade
-59.14
Maximum consecutive wins (profit in money)
17 (1057.35)
Maximum consecutive losses (loss in money)
5 (-302.19)
Maximal consecutive profit (count of wins)
1057.35 (17)
Maximal consecutive loss (count of losses)
-670.38 (4)
Avarage consecutive wins
3
Avarage consecutive losses
2
Backtests Settings
Symbol
USDCHF (US Dollar vs Swiss Franc)
Period
15 Minutes (M15) 2016.11.14 16:15 - 2016.11.22 00:00
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
125233
Ticks modelled
65763859
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
Current (10)
Backtests Results
Total net profit
10279.20
Gross profit
21121.17
Gross loss
-10841.97
Profit factor
1.95
Expected payoff
21.73
Absolute Bal DD
55.97
Maximal Bal DD
1686.24 (11.65%)
Relative Bal DD
11.65% (1686.24)
Total Trades
473
Short positions (won %)
240 (72.92%)
Long positions (won %)
233 (74.25%)
Profit trades (% of total)
348 (73.57%)
Loss trades (% of total)
125 (26.43%)
Largest Profit trade
443.72
Largest Loss trade
-393.76
Average Profit trade
60.69
Average Loss trade
-86.74
Maximum consecutive wins (profit in money)
15 (936.31)
Maximum consecutive losses (loss in money)
5 (-1559.96)
Maximal consecutive profit (count of wins)
936.31 (15)
Maximal consecutive loss (count of losses)
-1559.96 (5)
Avarage consecutive wins
4
Avarage consecutive losses
1
Backtests Settings
Symbol
GBPUSD (British Pound vs US Dollar)
Period
15 Minutes (M15) 2016.08.10 12:15 - 2016.11.23 04:00
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
131871
Ticks modelled
82460613
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
Current (13)
Backtests Results
Total net profit
15811.71
Gross profit
31706.94
Gross loss
-15895.23
Profit factor
1.99
Expected payoff
26.05
Absolute Bal DD
96.77
Maximal Bal DD
1220.61 (5.17%)
Relative Bal DD
6.65% (1150.93)
Total Trades
607
Short positions (won %)
297 (74.41%)
Long positions (won %)
310 (74.19%)
Profit trades (% of total)
451 (74.30%)
Loss trades (% of total)
156 (25.70%)
Largest Profit trade
361.81
Largest Loss trade
-527.49
Average Profit trade
70.30
Average Loss trade
-101.89
Maximum consecutive wins (profit in money)
18 (1022.30)
Maximum consecutive losses (loss in money)
4 (-1049.34)
Maximal consecutive profit (count of wins)
1610.93 (14)
Maximal consecutive loss (count of losses)
-1049.34 (4)
Avarage consecutive wins
4
Avarage consecutive losses
1
Backtests Settings
Symbol
GBPCAD (Great Britain Pound vs Canadian Dollar)
Period
15 Minutes (M15) 2016.11.03 14:15 - 2016.12.27 15:45
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
128017
Ticks modelled
98497562
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
Current (29)
Backtests Results
Total net profit
92038.29
Gross profit
151569.26
Gross loss
-59530.96
Profit factor
2.55
Expected payoff
90.68
Absolute Bal DD
49.34
Maximal Bal DD
4401.72 (4.22%)
Relative Bal DD
5.96% (4266.21)
Total Trades
1015
Short positions (won %)
463 (79.48%)
Long positions (won %)
552 (77.54%)
Profit trades (% of total)
796 (78.42%)
Loss trades (% of total)
219 (21.58%)
Largest Profit trade
1788.55
Largest Loss trade
-1560.67
Average Profit trade
190.41
Average Loss trade
-271.83
Maximum consecutive wins (profit in money)
22 (2558.51)
Maximum consecutive losses (loss in money)
4 (-113.68)
Maximal consecutive profit (count of wins)
8227.25 (14)
Maximal consecutive loss (count of losses)
-2639.96 (3)
Avarage consecutive wins
5
Avarage consecutive losses
1
Backtests Settings
Symbol
GBPCHF (British Pound vs Swiss Franc)
Period
15 Minutes (M15) 2016.11.28 12:00 - 2016.12.28 13:30
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
126755
Ticks modelled
92697461
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
Current (24)
Backtests Results
Total net profit
44048.57
Gross profit
73627.17
Gross loss
-29578.59
Profit factor
2.49
Expected payoff
61.18
Absolute Bal DD
139.41
Maximal Bal DD
3367.23 (12.75%)
Relative Bal DD
12.75% (3367.23)
Total Trades
720
Short positions (won %)
353 (77.34%)
Long positions (won %)
367 (76.84%)
Profit trades (% of total)
555 (77.08%)
Loss trades (% of total)
165 (22.92%)
Largest Profit trade
1243.32
Largest Loss trade
-1083.18
Average Profit trade
132.66
Average Loss trade
-179.26
Maximum consecutive wins (profit in money)
26 (4524.26)
Maximum consecutive losses (loss in money)
5 (-2454.79)
Maximal consecutive profit (count of wins)
4524.26 (26)
Maximal consecutive loss (count of losses)
-2454.79 (5)
Avarage consecutive wins
5
Avarage consecutive losses
1
Backtests Settings
Symbol
CADCHF (Canadian Dollar vs Swiss Franc)
Period
15 Minutes (M15) 2016.11.14 08:15 - 2016.12.29 01:45
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Name_EA="Happy Market Hours v1.8"; Serial_Number="XXXXXX"; MAGIC=214365; A="Day of trading"; Monday=true;
Friday=true;
FridayHour=12; B="Time of trading"; GMT_Offset=0; OpenHour=20; CloseHour=22; C="Set Money Management"; Risk=5; Lots=0; MaxSpread=5; Slippage=2; D="TP-SL (in pips)"; TakeProfit=60; StopLoss=40; E="TrailingStop"; UseTrailingStop=true;
TrailingStop=10; F="News Filter Setup"; AvoidNews=true;
OnlyForCurrentPair=true;
AlwaysIncludeCurrencies="GBP, USD, EUR, CHF, CAD"; ShowLinesOnChart=true;
HighImpactColor=185,30,30; MediumImpactColor=225,115,30; LowImpactColor=Goldenrod; High_Impact=true;
MinsUntilNextHighNews=360; MinsSincePrevHighNews=180; Medium_Impact=true;
MinsUntilNextMediumNews=270; MinsSincePrevMediumNews=90; Low_Impact=true;
MinsUntilNextLowNews=180; MinsSincePrevLowNews=60; IncludeSpeaks=true;
Bars in test
127609
Ticks modelled
61709986
Modelling quality
99.00%
Initial Deposit
$10000.00
Spread
Current (18)
Backtests Results
Total net profit
27370.76
Gross profit
41434.81
Gross loss
-14064.05
Profit factor
2.95
Expected payoff
46.00
Absolute Bal DD
112.90
Maximal Bal DD
2531.60 (9.52%)
Relative Bal DD
9.52% (2531.60)
Total Trades
595
Short positions (won %)
269 (83.64%)
Long positions (won %)
326 (73.62%)
Profit trades (% of total)
465 (78.15%)
Loss trades (% of total)
130 (21.85%)
Largest Profit trade
548.77
Largest Loss trade
-699.85
Average Profit trade
89.11
Average Loss trade
-108.18
Maximum consecutive wins (profit in money)
25 (3376.36)
Maximum consecutive losses (loss in money)
5 (-558.02)
Maximal consecutive profit (count of wins)
3376.36 (25)
Maximal consecutive loss (count of losses)
-2012.16 (4)
Avarage consecutive wins
5
Avarage consecutive losses
1
Version 1.0 Backtests - 90% - risk 20%
Trading Strategy
Based on scalping strategy, Happy Market Hours uses identical 40 pips stop loss and take profit limits, producing a theoretic a 1:1 risk-reward-ratio. This risk-reward-ratio may fall to 2:1 in backtests or even lower in live trading as the Happy Market Hours tends to close positions regularly after the market positions before S/L and T/P limits are reached. However, these limit values in the EA are excellent for a scalper.
The default maximum spread used by Happy Market Hours is 5 pips, such a spread - especially with minor currency pairs - is unreachable by any broker even during the active European or American Sessions. During the wider spread Asian Session, this limit could be breached easier.
Parameters
The older version of Happy Market Hours v1.1 has come with new modifications algorithm scalping strategy and settings updates after backtesting 99.90%
While the newer version of the EA v1.2 has added new setting parameters;
FFCal setting: A news filter that considers impact news releases, so that it prevents the EA from trading for a predetermined count of hours before or after a certain degree of this news release, low, medium, or high.
TrailingStop: Permits the EA to protect the profits with your positions
While the next Happy Market Hours v1.3 came with newer setting parameters; fix News Filter and news currency filter, so the EA became capable of reading Excel report files (.cvs), as when the page "http://www.forexfactory.com/calendar.php" is offline for any reason, FFCal may not respond, now it's not required anymore, the news filter enables you to choose the currency that news should be filtered for (USD, EUR, GBP, JPY, AUD, CAD, CHF, NZD, CNY)
The EA provides money management with the ability to edit the predetermined take profit and stop loss limits by the user, moreover, you can adjust the trading hours and trading activities can be limited on Fridays.
The next update of the EA v1.4 added a new setting to prevent opening trades on Chart Days that are set to false by changing the trading hours as setting "Monday" for example to "true" or "false".
Then in v1.5, the following improvements were added:
- The EA source code was modified in a new MQL4 specified with strict compilation mode (#property strict).
- Adding a new serial number generation system without using DLL, so the EA works faster when running it in front or backtests.
- New settings were added: Fix Newsfilter, NewsFileNumfix CloseHour with new improved settings indicators for all pairs.
Later on v1.6 release, CloseHour had a fix in addition to new improved settings indicators for all pairs.
News Filter setup was first added in v1.7 of the EA with show lines on a chart:
Then in the final update of the EA v1.8, "FFCal Error - Web page download was not complete!" alarm had a fix.
Chiang Tony
Fri, 8 May 2020
does mean it will trade on ten pair?
MyFxBots Admin
Fri, 8 May 2020
No, this is a package of 10 different EAs with 10 different strategies and currency pair tradable sets, all coming together as a BONUS for the price of one of them!
Other Forex Robots from Happy Forex
Happy Market Hours is a scalper EA using identical 40 pips S/L and T/P limits with default maximum spread of 5 pips, basically designed for all types of traders in the Forex market including new users.
Happy Gold uses a trend strategy with a modified ZigZag indicator, that best works on XAUUSD in the M30 chart.
No matter they were good or bad, Happy News EA trades important Forex news automatically.
Happy Trend trades on high volatility including a News Filter. No martingale, no hedging, and no grid are included in its trading algorithm.
Happy Frequency combines the concepts trend/grid/hedge/semi-martingale according to risk low/middle/high/combi EA files. The whole strategy is protected with a News filter.
Happy Algorithm PRO measures performance and deviations in the prices of a currency pair, shows the difference as a line and analyzes it to get an optimal hidden SL and TP.
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.
Happy MartiGrid uses a martingale / grid strategy with technical indicators and a News filter.
HappyWay doesn't use any indicator and its advantage is that it uses reinsurance positions (grid strategy) without increasing lots (no martingale).
USDJPY pair is continuously scanned by the Happy Japanese Market's indicators all day for trading inputs based on the indicator methodology.
Happy Fast Money basic idea is to open a transaction with buy and sell limits. new buy and sell limits are set when the executed transaction price has touched the limits set by the EA.
Happy INDIcators PRO pack is a group of indicators that can determine a certain currency's future movement direction. This integrated mix of a variety of indicators can help to achieve stable profits in Forex trading.
Happy Power comprises a market algorithm that is self-adaptive with reinforcement learning components that are part of the algorithm.
In contrast to supervised learning, reinforcement machine learning does not require labeled input/output pairs to be present in a model, and it does not require suboptimal actions to be explicitly corrected in order for it to work.
Happy Neuron contains several modules based on recurrent neural networks in order to determine market sentiment analysis with a news filter. As a result, the EA makes continuous profits and a constant number of trades.
Happy Galaxy has new built-in methods for determining the trend direction, small grids, or loss recovery. As a bonus, News Filter is implemented to reduce drawdown at high market volatility.
Algorithmic Happy Brexit is a built system based on finding so-called "big fish" time movements; huge pips variations using a very low degree of drawdown.
Happy Bitcoin EA operates based on a strategy that involves identifying market waves and trends and constructing correction-impulse levels. There is no grid, no hedging, no arbitrage, nor martingale elements in the EA trading strategy.
The Happy Index primarily uses a technical analysis and trend-following strategy to trade the US30 (Dow Jones Index). It leverages advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades precisely. Additionally, it includes a news filter to avoid trading during significant economic news events, reducing the risk of losses due to market volatility.
Tags
Valery Trading
Tickmill
FXAutomater
WallStreet Forex Robot 3.0 Domination
Tick Data Suite
Algocrat AI
IC Markets
FBS
Waka Waka
RoboForex
HF Markets
Volatility Factor Pro
XM
Perceptrader AI
Forex Diamond
Traders Academy Club
InstaForex
Alpari
Forex Combo System
GPS Forex Robot
StrategyQuant X
GrandCapital
Forex Trend Detector
SMRT Algo
Broker Arbitrage
Golden Pickaxe
IronFX
AMarkets
Telegram Signal Copier
Omega Trend
FX Scalper
Quant Analyzer
FXVM
Binance
ForexSignals.com
ACY Securities
AlgoWizard
FxPro
Forex Gold Investor
TradingFX VPS
RayBOT
Commercial Network Services
Libertex
LeapFX Trading Academy
FX-Builder
Gold Scalper PRO
ForexTime
News Scope EA PRO
Quant Data Manager
Pump Trader Robot
Smart Scalper PRO
FX Choice
BlackBull Markets
FXCharger
VPS Forex Trader
Happy Forex
ByBit
Vortex Trader PRO
Best Free Scalper Pro
QHoster
StarTrader
Forex VPS
Happy Bitcoin
Magnetic Exchange
MTeletool
Telegram Copier
Gold Miner
FX Secret Club
Forex Robot Academy
Swing Trader PRO
Forex Robot Factory (Expert Advisor Generator)
Evening Scalper PRO
EGPForex
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.
