Happy Galaxy EA uses a strategy that is based on the methods to follow market trends, small grids, and limit losses. The system comes with a Filter News to reduce drawdown at high market volatility. We will review all the essential details of the robot in this review to help you make a better decision on purchase.
Features
The robot has the following features:
- It supports FIFO rules and ECN brokers.
- It is 100% fully-automated.
- It comes with 4–5-digit quote autodetection.
- The robot trades on multiple currency pairs.
The developer states that the Happy Galaxy EA uses updated methods to follow market trends, small grids, and limit losses. A built-in news filter helps maintain the drawdown.
The live records on the Myfxbook websites show that the EA uses an averaging approach on multiple currency pairs. The positions are closed when the trade is in profit, generally ranging from 10-100 pips.
How to start trading with Happy Galaxy EA
To get the service up and running, traders have to use the following steps:
- Purchase the system from the website
- Download the EA files on your PC
- Launch the MT4 platform
- Drag the files onto the charts section
- Enable auto-trading
Price
This EA is sold for an asking price of 299 Euros. They provide their existing customers with a discount of 30%. The bot works on both MT4/5 platforms and the customers are entitled to a 30-day money-back guarantee post-purchase. Payments are accepted through PayPal.
Verified trading results of Happy Galaxy EA
Backtesting results have been provided for the algorithm to analyze the historical performance. These are for the period 2020.01.01-2021.09.17. An H1 timeframe for the EURUSD currency pair was used.
With a leverage of 1:500 was reported, an initial deposit of 1000 USD was converted to a total net profit of 3 805.42 USD. The profit factor of 3.04 with a recovery factor of 3.67 were shown. The bot participated in 666 trades, out of which 71.62% were profitable. It is necessary to note that 405.47 USD was the value of the largest profit trade, which is good.
Verified trading results can be found for Happy Galaxy on Myfxbook. They show performance from July 27, 2021, until March 31, 2022. The system showed a monthly gain of 5.77% with a drawdown value of 45.85%. The balance stood at 3207.03 USD. Profits were recorded as 707.03 USD, and the bot initiated trading with a deposit of 2500 USD.
The average trading length of the algorithm was 2 hours, and the total number of trades for this tenure was 1029. Out of these, 78% were profitable. The profit factor stood at 1.39.
Customer reviews
The parent company of this robot has a total rating of 4.6 stars on TrustPilot, which is excellent. There are a total of 21 reviews for the systems the company sells, all of which are positive. A satisfied customer happily remarks on one of the systems offered by the developer. They praise the customer service from day one and impressive performance.
Vendor transparency
It can be observed on the website that the parent brand, Happy Forex, owns this bot. This company comprises a team of professional forex product developers and service providers who create various EAs like Happy Algorithm PRO, Happy Breakout, Happy Frequency, etc. Customers may contact them using the live chat option, a query form, or their Facebook page.
Is Happy Galaxy EA a viable option?
The robot has the following benefits and demerits.
Advantages
- Backtesting records are provided
- The algorithm is subjected to updates constantly
- Works across Windows 7, 8, 10, 11, Mac OS, and Linux
Disadvantage
- Little information on developers
Conclusion
Happy Galaxy is very transparent about its strategy, which is reflected in the backtests and live results provided on the website. Moreover, traders get multiple algorithms with the purchase as a bonus free of charge.
