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Happy Breakout Review

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How Happy Breakout
Happy Forex

Happy Breakout is a trading robot that was designed by a well-known company – Happy Forex. This one focuses on the trading breakout strategy during the London trading session.

How Happy Breakout Works

Let’s talk about the EA’s features:

  • The robot trades fully automatically on the MT4 or MT5 platform.
  • The pack includes in addition 10 EAs.
  • The system supports 5-digit ECN-brokers.
  • It doesn’t use risky strategies like Grid, Hedging, Arbitrage, and Martingale.
  • The robot requires VPS services to execute trades as quickly as possible.
  • We have to choose a broker with low spreads and commission. 
  • We can run the system on Windows, Mac OS, and Linux.
  • The maximum spread to be profitable should be not higher than 10 pips.
  • The maximum Stop Loss is 10 pips.
  • The minimum deposit requirements are $100.

Applied Strategies

  • Happy Breakout performs a breakout trading strategy.
  • The EA works with EUR/USD and GBP/USD on the M30 and H1 time frames.
Happy Breakout Applied Strategies

We’ve got a screenshot of the EUR/USD backtest on the M30 time frame. The modeling quality was 99.90%. The spreads were set at 5 pips. An initial deposit was $1000. The total net profit was $553k. The Profit Factor was 3.20. The maximum drawdown was 14.49%. The EA closed 1028 deals with a 70%-71% win-rate. 

Happy Breakout Trading Results

Happy Breakout Myfxbook

The previous account was stopped and withdrawn on September 07, 2017.

Happy Breakout trading results

The last one was created on November 05, 2020, and deposited at $1000. It has a 60.6 score from 100. The maximum drawdown is 9.75%. An average monthly gain is 14.46%. The total net profit has become $280.51 (106.50 pips).

Happy Breakout trading results

The EA runs a real USD account on Pepperstone with 1:500 leverage. EUR/USD has no lost trades. GBP/USD has a 0.09 Profit Factor because of a huge loss. 

Happy Breakout trading results

The EA is online for almost two months. December 2020 should be closed in a profit as well.

Happy Breakout trading results

The robot trades with a little risk to the account balance.

Happy Breakout trading results

As we can see, drawdowns are small and not consistent.

Happy Breakout statistics

The EA closed 58 deals. Win-rate is 67%. It prefers trading the BUY direction over the SELL one. An average trade length is less than 10 minutes. The Profit Factor is 3.01. An average profitable trade is $10.77 when an average losing trade is -$7.34.

Pricing & Refund

Happy Breakout Pricing & Refund

Happy Breakout costs 550 EUR. The pack includes an unlimited number of real and demo accounts. As usual, we have a pack of 10 EAs for free, where half of them are scams. The vendor sells only through PayPal. The package includes free updates and support and doesn’t include a money-back guarantee. 

People feedback

Happy Breakout People feedback

Happy Breakout has a profile on the Forex Peace Army with a blown account that was stopped four years ago. 

Happy Breakout People feedback

As we can see from the comment on the MQL5 forum, the EA isn’t beginner-friendly. There are many customizations that have to be done to make it work. 

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