Happy Frequency trades on the M5 chart, and since it runs 24 hours daily, a VPS is necessary. It works with several strategies, which are safeguarded by a news filter. The EA is the invention of the Happy Forex team. The team has also built other systems such as Happy Galaxy, Happy Gold, Happy Way, Happy Algorithm PRO, and many more.
Features
The EA’s features are listed in this section:
- It works with the USDCAD, EURUSD, EURGBP, EURJPY, EURCHF, GBPUSD, AUDUSD, USDCHF, and USDJPY currency pairs on the M5 timeframe.
- It’s fully automated and can be installed easily.
- The system comes with an auto-quotes detection of 4 or 5 digits.
- It works with ECN brokers.
- Micro, ECN, mini, or standard accounts are supported.
- The trading terminal is MT4.
- The compatible operating systems are Windows 7,8,10, Linux, and Mac OS.
How to start trading with Happy Frequency
If you have €299, you can get 2 licenses that will enable you to trade on 2 real accounts. For those wanting to trade on 5 real accounts, the price for 5 licenses is €499. Unlimited demo accounts, a 30-day money-back guarantee, and free upgrades are some of the other features you will receive by buying any of the two packages.
Happy Frequency works with several trading strategies. According to the vendor, the EA combines the ideas of the trend, grid, hedge, and semi-martingale strategies according to the set risk—low/middle/high/combi EA files. A news filter is present to prevent the system from trading during news events.
Backtests
The backtesting results of this system are missing. While this test generally helps to ascertain the workability of an EA, sometimes strategies that worked well previously fail to perform well live.
Verified trading results of Happy Frequency
Happy Frequency has been trading on the above account since June 2021, and to date, it has closed 2845 trades using a deposit of $3000. The resulting profits amount to $1961.56. Subsequently, the account’s worth has grown by 96.42%. The monthly profit and the drawdown rate currently stand at 8.01% and 51.07%, respectively.
The profit factor of 2.02 portrays Happy Frequency as an EA that has the potential of giving users substantial returns on investment. At present, the long positions won are 79%, while the successful short positions are 81%. The best trade has generated a profit value of $26.79 when the worst one has caused the account to suffer a loss of -$22.50.
This account is far from being wiped out.
The system works with some grids of orders and uses long timeframes. Multiple currency pairs are used in trading as well.
Customer reviews
Although Happy Frequency has not been reviewed by customers as of now, there are plenty of positive reviews For the Happy Forex team on Trustpilot. Traders claim that the products the company sells are reliable and profitable.
Is Happy Frequency a viable option?
Advantages
- Support for multiple currency pairs
- Live trading results are available
- A 30-day money-back guarantee is offered
Disadvantages
- High peak drawdown
Wrapping up
Happy Frequency gives you the chance to trade on several currency pairs of your choice. The system can also grow your account based on the results it has generated on Myfxbook. Furthermore, a 30-day money back guarantee ensures that traders not satisfied with its outcomes get a full refund, no questions asked.
