HAPPY GALAXY Review: Things to Consider Before Investing

HAPPY GALAXY is a fully-automated Forex expert advisor that is compatible with the MT4 and MT5 trading platforms. It works on multiple currency pairs and is supported by verified trading statistics and backtesting results. 

This is a product from the Happy Forex team, which is based in Germany. We don’t know anything about this company’s background or when it was founded. It is not clear whether the team members have the required experience and technical knowledge to develop profitable trading systems. Other robots developed by this company include Happy Power, Happy Neuron, and Happy Breakout.

The highlights of HAPPY GALAXY

Here are the main features of the system, according to the developer:

Drawdown reduction

This robot has an in-built News Filter for reducing drawdown when the market is highly volatile. The vendor has not clearly explained how the News Filter works. 

FIFO compatible 

HAPPY GALAXY follows a FIFO rule. This means it closes the earliest trades first in scenarios where there are multiple open trades for the same pair having the same lot size. 

Supports ECN brokers

This robot is compatible with ECN brokers. These brokers provide you with cheaper trading conditions and better prices. Also, they allow you to trade in a more transparent and efficient environment.

Trading strategy of HAPPY GALAXY 

HAPPY GALAXY trades in multiple pairs like EUR/CHF, EUR/GBP, USD/CHF, GBP/USD, and EUR/USD. It has in-built methods for finding out the direction in which the trend is advancing and for recovering losses.

You can run this robot on various operating systems like Linux, Mac OS, and Windows. The vendor recommends running it on H1 charts with a minimum deposit of $1000. However, for best results, a deposit of $2000 is recommended. 

Unfortunately, we don’t have a proper explanation for the trading strategy used by this expert advisor. Without strategy insight, we cannot determine what methods the robot uses for analyzing the trend and how it identifies profitable trading opportunities.

Backtesting reports 

This backtest was conducted on the EUR/GBP pair from January 2020 to September 2021. The EA used an initial deposit of $1000 to conduct 953 trades, winning 69.05% of them and generating a total profit of $6476.74. It had a high profit factor of 3.10, and a relative equity drawdown of 57.53%. Such a high drawdown indicates a risk trading strategy. The robot managed 23 maximum consecutive wins and suffered 8 maximum consecutive losses during the testing period. 

Trading results in real time 

Since July 27, 2021, HAPPY GALAXY has conducted 604 trades through this verified trading account on Myfxbook. It currently has a win rate of 81%, which is significantly higher than what we saw in the backtest. The total profit generated through this account is $659.33, while the time-weighted return is 78.05%. 

Currently, this account has average daily and monthly gains of 0.34% and 10.86%, respectively. The drawdown of 42.84%, while lower in comparison to the backtest, is still quite high.  

Here we have the recent trading history of the robot. As you can see, it trades with a fixed lot size of 0.01. It keeps its orders open for a few hours and sometimes for several days. In the month of October 2021, the EA suffered some heavy losses back to back. The average win and loss for this account are 24.47 pips/$2.72 and -54.94 pips/-$5.76, respectively. 

HAPPY GALAXY price 

HAPPY GALAXY is available for the price of 299 Euros. The package also includes the Bonus Happy Forex Full Pack containing 10 EAs. If you have already purchased the Full Pack EAs, you get a 30% discount. Each user gets a single license for an unlimited number of real/demo accounts. The vendor offers free upgrades and a 30-day money-back guarantee.

Customer support 

To get in touch with the support team, you can use the live chat feature on the website. Alternatively, you can use the contact form or visit the official Facebook page.

Are traders happy with HAPPY GALAXY?

At this moment, there are no user reviews for this EA on third-party websites.