In this post I will be reviewing the Happy Forex Robot. The Happy Forex website offers a few fantastic forex robots including this one, and other I have reviewed such as Happy Gold and Happy Market Hours among others. I admire the fact they put their money where their mouth is and actually show real live verified trading results which is a strong emerging trend with developers and certainly adds a lot of credibility to their trading software. This is the case with the Happy Forex Robot which at the time of writing my review is showing more than 100% net profit gains and a very high win rate – again, all on live trading account that have been verified by 3rd parties.
Happy Forex Trading Strategy
The Happy Forex Robot provides consistent and stable profits whilst maintaining a low draw down. It does use a grid strategy but reassuringly this particular grid strategy does not use a dangerous martingale type system which would require increasing lots, thus we can consider this to be a safe grid system. Technical indicator analysis is used to determine only the safest market entries and it can run profitably on multiple pairs. It is worth considering you will need the most competitive spreads you can find and most certainly an ECN forex broker for the best possible execution with minimal slippage. Some key features of the Happy Forex Robot include a news filter to avoid trading around news releases which can cause a spike in the market movements (and high spreads/slippage), maximum spread filter, minimum equity risk management, maximum loss risk management, open orders limitation and other useful features.
Happy Forex Back Testing
The live results are the ones that are most important but for your curiosity of how Happy Forex could have performed over historical data, the website does have back tests available that show a win rate of around 75%, with a profit factor greater than 2 and acceptable draw downs.
Happy Forex Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Happy Forex Summary
The Happy Forex Robot is a fully automated trading system that runs on the MetaTrader 4 trading platform and can be used by complete novices by following the simple to understand instruction manual for a quick and easy 5 minute setup. Happy Forex Robot includes instructions, license for your trading account, free support, life time updates and a money back guarantee so you can test it for a while to see if it is suitable for you. Going by the real verified live results on the Happy Forex website, it can certainly make a lot of profits from automated trading. They have a bundle option where you can get all their forex robots in a package for a very reasonable price. Visit the Happy Forex Robot website to see the latest results and for more information.