In this post I will be reviewing the Happy Market Hours forex robot. Happy Forex provide a selection of forex robots including Happy Gold, Happy Forex and this one – Happy Market Hours. This particular automated forex trading system runs on the free MetaTrader 4 trading platform and includes simple to understand instruction manual for a quick and easy setup – thus it is suitable for new traders.
Happy Market Hours Trading Strategy
Happy Market Hours uses a combination of technical indicators for analysing the market for scalping opportunities. It trades on multiple currency pairs (10 in total) that are EURUSD, EURCHF, EURGBP, EURCAD, USDCAD, USDCHF, GBPUSD, GBPCAD, GBPCHF and CADCHF. It runs on the m15 time frame charts.
Happy Market Hours includes a maximum spread filter to avoid trading when the spreads are too high and incorporates a stop loss and take profit that can dynamically adjust to the current market sentiment. It also includes a news filter, trailing stop and other features that make it a unique automated forex trading system. There are no martingale, hedging or grid strategies used.
Happy Market Hours Back Testing
The Happy Forex website has plenty of back tests available that used tick data from 99% modelling quality. It is not clear if they used real variable spreads, swaps, slippage and commissions in testing. These factors can have a major impact on results.
Happy Market Hours Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Happy Market Hours Summary
Happy Forex provide a collection of forex robots including Happy Market Hours – these can be purchased as a bundle which is decent value for money. You may wish to visit the Happy Forex website for more information on this particular forex robot.