Happy Power Review

May 6, 2022 12:09 PM ET
Happy Power Review

Happy Power is a trading solution that was designed by the well-known Happy Forex company. The presentation includes various details about the system and what we have to expect from its performance. The developers don’t claim much about the system on the start page. We’d like to note that, after complete analysis, the system looks a pretty solid and stable option to work with. 

Happy Power

Type

Expert Advisor

Price

€325

Strategy

Grid of orders

Compatible Platforms

MT4 and MT5

Currency Pairs

EUR/CHF

Timeframe

M30

Recommended Min. Deposit

$1000

Recommended Deposit

N/A

Leverage

N/A

Trading strategy explanation

We have united all useful information about the system in the following list:

  • Happy Power can cover us with automatic orders execution. 

  • It calculates entry points precisely. 

  • The system is featured by artificial intelligence. 

  • So, we can expect it can fit market conditions automatically.

  • The adapting process has to go automatically.

  • It works with a Price Action strategy to find the levels of Support and Resistance.

  • It builds a tunnel to trade in it.

  • The second strategy is a Grid of orders.

  • We can trade on a EURCHF cross pair.

  • The only time frame is M30.

  • We are allowed to work on the balance of $1000 or more.

  • Using an ECN account will be a good addition.

  • It can work on the 5-digit charts, detecting them automatically.

  • We can get started within several minutes.

  • It’s possible to work on Windows 7, 8, 10, Mac OS, and Linux.

  • The developers deliver MT4 and MT5 copies of the system.

Backtest data analysis

Happy Power backtest report.

Happy Power backtest report.

We have a report received after testing EURCHF on M30. The modeling quality was 99.90% with variable spreads. An initial deposit of $1000 grown to $2997.22 of the total net profit. The profit factor was 2.68, while the maximum drawdown was 35.61% ($811.64). The system executed 3896 deals with the accuracy being 75.66% for short and 77.48% for long deals. 

Live trading data analysis

Trading Results

Myfxbook Account

Real (USD), ForexMart

Started

November 30, 2021

Deposit

$9500

Balance

$4863

Gain

76.24%

Daily

0.37%

Monthly

11.71%

Drawdown

69.44%

Profitability

1.61

Happy Power trading results on Myfxbook.

The system keeps running an all-new real USD account on ForexMart. It works automatically with 1:500 leverage on MT4. The account has a verified track record. This means the data should be trustworthy. It was created on November 30, 2021, deposited at $9500, and withdrawn at $7000. Since then, the total gain has grown to 76.24%. 

Happy Power statistics.

The system has performed 3142 deals and obtained 21,992.6 pips. An average win is 26.31 pips when an average loss is -38.37 pips. The win rate varies from 68% to 72%. The system trades with a profit factor of 1.61.

Happy Power pairs.

We can see that the robot works with EURCHF only. It tardes both directions equally.

Happy Power risks.

We may note that the risks are low. 

Happy Power monthly profits.

As we could note, the robot has closed March 2022 with -3.96% losses, it gained 11.69% in April 2022 afterwards.

The company

Happy Forex is a company with a great reputation. It has many trading solutions in its portfolio such as Happy News, Happy Frequency, Happy Fast Money, Happy Forex, Happy Gold, and other solutions.

Pricing

We can purchase a system for 325 EUR for a copy. The developers claimed that we can expect to get a 30% discount to the price if we are a customer. We can expect the package includes:  one license for an unlimited number of real and demo accounts, free updates and upgrades, and a 30-day money-back guarantee. 

Review summary

Pros

Cons

  • The developers are pretty known on the Forex market
  • No settings list provided
  • We have a backtest report provided
 
  • Trading results revealed
 
  • The system can easily recover after loses
 
  • A refund policy applied
 
  • The pricing is just right
 

Happy Power is a trading solution that works with Grid of orders and Price Actions strategies.The system manages a single EURCHF pair.  Trading results showed that it can be consistently profitable and easily recover even in case of losses. 

Rating: 8/10


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