Happy MartiGrid Review

May 25, 2021 08:04 AM ET
Happy MartiGrid Review

Happy MartiGrid

Type

Expert Advisor

Price

299 EUR or 499 EUR

Strategy

Grid and Martingale

Compatible Platforms

MT4 

Currency Pairs

AUD/USD, EUR/JPY, EUR/USD, NZD/USD, USD/JPY.

Timeframe

H1

Recommended Min. Deposit

$3000

Recommended Deposit

n/a

Leverage

1:500

Trade length

14 days

Happy Forex

Happy MartiGrid is a robot that works on trial accounts where one of them is well-deposited. It executes from two to five currency pairs. The system was released in the Happy Forex family, and it’s one of the long-lived advisors on the Forex market.

Trading Strategy Explanation

As usual for Happy Forex, the presentation includes a few explanations which tell us almost nothing about the advisor.

  • The system executes orders automatically for us.

  • We are allowed not to intervene in its processes.

  • The main strategies are Grid and Martingale.

  • The advisor works with AUD/USD, EUR/JPY, EUR/USD, NZD/USD, USD/JPY.

  • It works on the H1 time frame.

  • The robot covers open deals with proper levels of Stop Loss and Take Profit.

  • Each order has a Stop Loss and Take Profit provided by the money-management system.

Happy MartiGrid. There’s a News Filter that informs us what News triggered the market moves.

  • There’s a News Filter that informs us what News triggered the market moves.

  • It allows us to learn something about high-impact news trading.

  • The system calculated Lot Sizes on the available margin over the account balance keeping us safe. 

  • The robot executes orders following FIFO rules.

  • We can use the advisor on the following platforms: Windows, Mac OS, and Linux.

  • The account types that can be used vary Standard, Mini, and Micro.

  • We have to run a $3000 account to get started without problems.

  • We can use the system on 5-digit and ECN account terminals.

Backtest Data Analysis

Happy MartiGrid Backtest Data Analysis

There’s a GBP/USD backtest on the H1 time frame that was united 2008 and 2012 years’ data. The modeling quality was 99.90% with variable spreads (don’t mention). An initial deposit was $3,000. The total net profit was $8,839. The Profit Factor was 1.92. The maximum drawdown has become 15.80%. The advisor has traded 6,101 deals with 74% of the accuracy rate. An average win streak was four deals.

Live Trading Data Analysis

Trading Results

Myfxbook Account

Real (USD), Fort Financial Services

Started

March 10, 2018

Deposit

$5000

Balance

$12,092

Gain

190.3%

Daily

0.09%

Monthly

2.90%

Drawdown

61.04%

Profitability

2.32

Happy MartiGrid Myfxbook

Happy MartiGrid has been working on the real USD account on the Fort Financial Services broker automatically. The leverage is set at 1:500. The platform is MT4. The account runs with a verified track record. It was created on March 10, 2018, and deposited at $5,000. Since then, the absolute gain has amounted to 190.3%. An average monthly gain is 2.90%. The maximum drawdown is insane - 61.04%. Thirty-eight traders check the account.

Happy MartiGrid drawdown

The drawdowns have been growing. So, the system should be updated.

Happy MartiGrid advanced statistics

There were 1892 deals with 47,134.1 pips traded. An average win is 55.88 pips when an average loss is -73.19 pips. The win rate is 73% for Longs and 78% for Shorts. An average trade length is fourteen days. The Profit Factor is 2.32.

Happy MartiGrid trading results

The system trades five currency pairs. The most traded and the most profitable is EUR/JPY, with 576 deals and $1862 profits.

Happy MartiGrid trading results

The robot focuses on trading the American session over the European one.

Happy MartiGrid trading results

Thursday (435 deals) is the most traded day.

Happy MartiGrid trading results

It works with low risks to the balance. The system has to lose 48 deals in a row to lose 10% of the account balance.

Happy MartiGrid trading results

As we can see, the system executes only long-term orders that are kept on the markets for months.

Happy MartiGrid monthly gain

The last four months were closed with profits. May 2021 hasn’t been traded yet.

The company

Happy MartiGrid trading results

Happy MartiGrid trading results

The main page of Happy Forex company includes posts about the two last trading advisors to work with: Happy Power and Happy Neuron. They rely on them the most.

Pricing

Happy MartiGrid Pricing

We’ve got a typical Happy Forex’s offer. The first pack includes 2 real-account licenses. It costs 299 EUR. The second pack includes 5 real-account licenses. It costs 399 EUR. There are some robots added where half of them are scams.

Happy MartiGrid price

The package is featured by a user guide, 24/7 support, free updates, and upgrades. There’s a 30-day money-back guarantee provided. 

Review Summary

Pros

Cons

  • Happy Forex is a well-known company
  • No settings explanations provided
  • The advisor has been working for 9 years
  • No risk advice given
  • Backtest reports provided
  • The presentation is not quite informative
  • Two real-accounts trading results provided
  • High margin requirements
  • Money-back guarantee provided
  • The system hasn’t opened orders in May 2021
 
  • We have no people feedback
 
  • The company relies on the other robots

Conclusion

Happy MartiGrid is a robot that executes a Grid with Martingale combo for years. It’s a solid achievement. Alas, the cons are significant. The system doesn’t want trades in May 2021. We have no deals closed in the trading results block. It’s suspicious. There’s no way we suggest people buy this without actual trading results.

Rating: 6/10


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