Happy Neuron Robot Review

Feb 11, 2021 04:55 PM ET
Happy Neuron Robot Review

Designed to work on 25 currency pairs, Happy Neuron EA contains several modules based on recurrent neural networks that, as the dev claims, provide constant profits analyzing market conditions with a news filter. 

Happy Neuron

Type

Fully-automated EA

Price

€349

Strategy

Undisclosed

Compatible Platforms

MT4

Currency Pairs

AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY

Timeframe

H4

Recommended Min. Deposit

Depending on the risk level

Recommended Deposit

n/a

Leverage

n/a

Happy Neuron is one of the Happy Forex robots, which is hosted on the Forex Store platform. Their product is represented with a one-page presentation that does not include all the required information to convince us it is a good EA to invest in.

Trading Strategy Explanation

Happy Neuron is an automated trading tool that trades 25 currency pairs. It supports all ECN brokers. The vendor did not provide detailed trading strategy information. Understanding the strategic approach of any trading system is one of the key factors that help traders decide whether they want to invest in the system or not. It is a very important factor, especially for experienced traders since it provides them with all the necessary information about the system, giving a short answer whether it can succeed in the live market or not. The vendor of the robot we are currently analyzing provides no trading strategy details. There is nothing said about the strategy the robot uses. It looks odd and raises many questions, including the one about the robot’s legitimacy.

Happy Neuron uses an advanced analytical system that monitors changes in the market. It helps to define changing currency exchange rates. With the help of previously set trading limits (risk level), the robot guarantees only profitable trades. Once the exchange rates cross a particular threshold, the robot places trades according to the trading strategy it uses.

Let’s group un the main features of Happy Neuron:

  • The EA supports all ECN brokers

  • It can work only on the MetaTrader 4 platform

  • It’s fully automated EA

  • It was designed based on FIFO rules

  • It is compatible with any broker

  • Happy Neuron runs of 4 and 5 digit accounts

  • Operating systems to run the robot are Windows 7, 8, 10, Mac OS, and Linux

  • It supports 25 currency pairs:

Happy Neuron EA currency pairs

  • The robot includes a few modules based on recurrent neural networks ‘to determine market sentiment analysis with news filter’

  • It works on the H4 timeframe

  • Minimal deposit requirements depend on the risk level the trader wants to take:

  • $5K (conservative risk)  - $500 for micro and $50 for cent accounts

  • $3,5K (normal risk) - $350 for micro and $35 for cent accounts

  • $2K (aggressive risk) - $200 for micro and $20 for cent accounts

Backtest Data Analysis 

Backtest results are not provided too. Without this sort of information, it makes it difficult to analyze the efficacy of this trading system completely. We cannot be sure this robot was well tested before release.   

Live Trading Data Analysis      

The developer provides us with 3 direct links to the live trading results of their EA. Two of them are running using an aggressive trading risk. One account uses normal trading risk. Oddly, but they didn’t provide trading results with a conservative risk level.

Well, let’s analyze how the EA works using Aggressive trading risk. 

Trading Results

Myfxbook Account

Real (USD), Fort Financial Services

Started

Dec 16, 2020

Deposit

$500

Balance

$ $1,416.01

Gain

183.2%

Daily

1.84%

Monthly

72.78%

Drawdown

68.55%

Profitability

2.01

This is a Real USD trading account that works on Fort Financial Services broker. It works on the MT4 platform and trades with a 1:500 leverage. Its trading record, as well as trading privileges, are verified. The account was added on myfxbook.com on December 16, 2020. It was deposited at 500 dollars. For a month and a half of trading, the robot has reached a total gain that reached 183,2%. Its monthly gain is extremely high – 72, 78%.

Happy Neuron EA Myfxbook

Its balance, is constantly growing, showing a 3,54% gain in the beginning and 183, 2% in the mid of February 2021.

Happy Neuron EA Myfxbook

However, we need to point out the fact that the robot trades with extremely high drawdowns that are constantly higher than 20%. Its peak drawdown was 68, 55%.

Happy Neuron EA drawdowns

Happy Neuron has traded 1354 trades and 6497,6 pips. Its average win ($1, 60 and 14, 51 pips) is 3 times lower than the average loss (-$4, 17 and -46, 10 pips). Its Longs position win rate equals Shorts position win-rate: 84% and 83%. The profit factor is high – 2, 01. Its trading frequency is 1 day.  

Happy Neuron EA advanced statistics

It trades 25currency pairs. The most profitable one is GBPUSD - $79.87. The most frequently traded currency pairs are GBPUSD and EURAUD – 107 trades.

Happy Neuron EA trading results

It should be said that all currency pairs are profitable.

The robot traders with high trading risks. In case of losing 24 conservative trades, the trader will lose 10% of his trading balance.

Happy Neuron EA trading results

Pricing and Refund

Those who are willing to buy this EA, need to pay €349. Payment is performed via PayPal. This package includes:

  • Lifetime license

  • Unlimited number of Real and Demo accounts

  • 30 days money-back guarantee

  • Free updates and upgrades

Those who buy this EA will automatically receive Happy Forex Full Pack (10x EAs) for free.

Happy Neuron EA Pricing

In addition to this, the Happy Neuron’s devs claim that those who have purchased Full Pack EAs will be provided with a 30% discount. So, the price will be €245.

Happy Neuron EA discount

Happy Neuron EA license

Review Summary                      

Pros

  • We know who the developer is

  • The developer provides verified trading results

  • Paying for 1 robot, you’ll receive 10 EAs free

  • 30-days money-back guarantee provided      

Cons 

  • Undisclosed trading strategy

  • No backtest results provided

  • No settings explanations provided

  • No money-management advice provided

  • Consistently high drawdown

Conclusion

Happy Neuron is a recently launched EA that successfully trades 25 currency pairs. Happy Forex did not provide backtest reports and detailed trading strategy insight, only live trading results verified by myfxbook.com. While its monthly gain is quite decent, the high drawdown of 68.55% is a cause for concern.

Rating: 5/10


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