Happy News is a Forex expert advisor that is compatible with the Metatrader 4 trading platform. You can use this robot to trade in multiple currency pairs simultaneously. The vendor offers the robot at a discounted price and there is also a special offer.
The presentation on the official website tells us all we need to know about this EA. We have a detailed explanation of the working principle, followed by a list of requirements and features. The developer has shared the links to multiple live trading accounts and the pricing details.
This EA is a product from the Happy Forex team. It is a Germany-based company that has been selling expert advisors for over five years. Some of the well-known systems from this team include Happy Frequency, Happy Gold, Happy Way, Happy Trend, Happy Power, and Happy Galaxy.
Features
This EA is compatible with currency pairs like GBP/USD, USD/JPY, AUD/USD, and EUR/USD. It is easy to install this system and it avoids using risky trading strategies like grid, hedging, and martingale. Since it supports ECN brokers, the users can get favorable price quotes. It is a fully-automated system that can function without any manual inputs.
Regardless of the outcome, the EA lets you trade relevant Forex news. It places pending orders in both directions so that you can cash in on the market momentum in case the news has a significant impact on the prices of pairs.
The news is collected from a reliable online source like ForexFactory. It is then screened as per your preferences. You have the option of monitoring all news or just the ones related to the pair on the chart. It is also possible to compare the releases to previous reports and gauge the impact using filters.
How to start trading with Happy News
There are two pricing plans for this EA. The first one offers two licenses for 299 Euros, while the second one offers five licenses for 499 Euros. This EA is a part of the Happy Forex Full Pack containing nine other EAs. The vendor offers a 30% discount as well as a 30-day money-back guarantee. You also get a user guide in English, access to future updates, and an unlimited number of demo accounts.
Happy News is compatible with operating systems like Linux, Mac OS, and Windows. You can use an ECN account with a minimum deposit of $100.
Backtests
Unfortunately, the vendor has not shared the historical test results for this expert advisor. However, there is an archive of history closed account.
This account was launched in 2016 and closed in 2021. When it was active, it had a high win rate of 85% and managed to generate a total profit of $14,608.27 after conducting 788 trades. The daily and monthly gains were also quite high at 0.08% and 2.67%, respectively.
Verified trading results of Happy News
Here we have a live trading account on FXStat that has been active since February 2019. After conducting 428 trades, its win rate currently stands at 87.62%. Apart from the high win rate, the profit factor is also quite impressive at 1.76. The drawdown for this account is 13.34%, which is quite low considering the fact that the EA has managed to generate a sizable profit of $2,258.66. At this moment, the daily and monthly gains for this account are quite satisfactory at 0.14% and 3.08%, respectively.
From the recent trading history, we can see that the EA has canceled some of the orders. For the last few trades, it has used a lot size of 0.66-0.81. The average profit and loss for this account are $13.94 and -$56.05, respectively. On average, the EA holds each order for 0.07 hours.
Customer reviews
Currently, there are no user reviews for this particular EA on third-party websites like Quora, Myfxbook, Trustpilot, and Forex Peace Army. However, Happy Forex, the parent company, has an impressive rating of 4.6 out of 5 on Trustpilot, based on 21 reviews. Several customers have praised the performance of the EAs sold by this company and it is clear that Happy Forex has a stellar reputation in the Forex trading community.
If you are in need of assistance, you can get in touch with the support team using the contact form on the website. On the Facebook page of Happy Forex, you can find the official email address.
Is Happy News a viable option?
| Advantages | Disadvantages |
| Verified trading statistics | No backtesting results |
| Money-back guarantee | |
| High win rate | |
| Compatible with multiple pairs |
Conclusion
Happy News is an expert advisor that has managed to generate steady profits for several years while maintaining a low drawdown. The vendor sells this EA at an affordable price while also offering users the protection of a money-back guarantee.
