Happy Market Hours comes with a spread filter and uses dynamic stop loss, and take profit levels based on market sentiment. The algorithm is easy for newbies and can trade big accounts while performing its analysis on the MT4 platform. We will be shedding light on the trading history, live records, and positives and negatives of the robot to provide more information to our viewers.
Happy Forex is the product’s author and the producer of various EAs, such as Happy Galaxy, Happy Power, etc., in the Forex market. Traders can ask their queries by filling out the company profile form. The enterprise provides evidence of their profiles on multiple social media platforms such as LinkedIn, Twitter, etc.
The highlights of Happy Market Hours
The algorithm has the following key features:
Installation and updates
The algorithm comes with an easy installation method and a complete tutorial upon its purchase. It is subjected to continuous updates for adapting the system to the current market conditions.
Brokers
The robot can work on ECN brokers and automatically detects 4 or 5 digit brokers.
Trading strategy of Happy Market Hours
According to the developers, the algorithm trades on EURUSD, EURCHF, EURGBP, USDCAD, USDCHF, and GBPUSD on the M15 chart. It uses a trend/ scalping strategy and therefore requires a suitable broker to profit subsequently.
From the history on Myfxbook records, we can see that it has a semi-day trading approach with an average trade duration of 55 minutes. The algorithm usually opens positions at the beginning of the New York trading session.
Backtesting reports
The robot backtesting records period is from January 2015 to September 2017.There were 277 trades out of which 199 were profitable and 78 losses. From the stats we observed absolute and maximum drawdown values were 255.25 and 825.38 respectively. The robot had an Initial deposit of $1000 and there were 22 consecutive wins. The algorithm trades on the M15 charts at a modeling quality of 99.9%.
Trading results in real time
The live records are available from May 2021 till the current date on Myfxbook. From the stats, we can observe that the system traded on real funds with leverage of 1:200. The gain percentage is 14.70%, and a daily gain is 0.04%. The deposited amount was $5000, and the portfolio’s current balance is $5,735.00.
The algorithm had a peak drawdown of 14.55%, with a profit factor of 1.16. The low drawdown means that the algorithm is keeping the risk under control.
Happy Market Hours price
The product has two different buying options. Each deal has an unlimited demo account, free lifetime updates, customer support, and a user guide. The $299 purchase allows access to 2 real accounts, whereas the $499 offer comes with 5 real keys. There is 30 days money back guarantee available, and payment can be made via VISA, PayPal, etc. Considering the number of services offered, we can say that the purchase is a good bet.
Customer support
The company provides 24/7 customer support. Users can reach the developers via email, live chat, available on the website, TeamViewer, and AnyDesk application.
Are traders happy with Happy Market Hours?
The company has a rating of 4.7 on Trustpilot and 28 customer eviews. One of the traders comments that the company provides good service and efficient customer support.
An investor comments that he uses Happy Forex and is pleased with the outcomes.
Happy Market Hours
Happy Market Hours-
Profitability4/5 Good
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Strategy4/5 Good
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Reliability2/5 Bad
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Price4/5 Good
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Customer Testimonials4/5 Good
Advantages
- Positive reviews on Trustpilot
- Verified live performance records
- The pricing is affordable
- Provides a stable income on trades
- The algorithm has a low drawdown
- Clear backtesting report available
- 30 days money-back guarantee
Disadvantages
- Little vendor transparency