Happy Galaxy is designed to work on multiple currency pairs. It uses effective methods that help in identifying the trend, grids, and helps recover losses. This Metatrader tool is 100% automated and assures a low drawdown even in high volatility situations due to its unique news filter. As per the vendor, this system supports ECN brokers and is FIFO compliant.
How Happy Galaxy EA works
The website is well-designed with the vendor providing an explanation of the system, its features, recommendations, and performance. A few backtests and real trading results are present.
Happy Forex is the company that stands behind this FX robot. Other products of the company include Happy News, Happy Frequency, Happy Martigrid, and more. For support, the vendor provides an email address, a live chat feature, Team Viewer, AnyDesk, and an FAQ section.
Some of the major features that make this FX EA competitive as per the vendor are:
- It is easy to install and is fully automated.
- It can work with any broker and supports ECN accounts.
- It is compliant with FIFO rules.
- It works on the MT4 and MT5 platforms.
- The main currency pairs the robot works on are EURUSD, USDCHF, EURGBP, GBPUSD, and EURCHF.
- It uses the H1 timeframe.
- A minimum deposit of $1000 and a recommended deposit of $2000 are required for using this EA.
As per the vendor, this FX robot uses integrated and innovative methods that can identify the trend direction and small grids. It is also efficient in recovering losses. A news filter helps to limit the drawdown even in high volatility. A few backtests are present to help traders understand the strategy. Here is a strategy tester report for the EURUSD pair using the H1 timeframe.
From the above stats, we can see the test was done from January 2020 to September 2021. A total net profit of 3805 was generated for the initial deposit of 1000. The total number of trades executed was 666. Profitability of 71.62% and a profit factor of 3.04 were present. The maximum drawdown was 18.22%. From the results, we can see that the drawdown is low and profits are small. However, the capital is safe and the profits despite being small show the system is acceptable.
Happy Galaxy trading results
The vendor provides a live real USD account verified by the Myfxbook site. Here are screenshots of the account that uses the leverage of 1:500 on the MT4 platform.
From the above stats, we can see the system has gained more than 50% of its capital with a daily profit of 0.18% and a monthly profit of 5.55%. The drawdown is 45.85%. From the growth curve, we can see the account has steadily increased since it started in July 2021 with a dip in the profits only in the past few months. Despite the high drawdown, the profits generated indicate good money and risk management features that have helped the account to rally after a steep drop. Further, from the lot size, we can see the risk used is very low.
Pricing & refund
You can buy this FX EA for €299. Unlike other products of the company that are sold as a package of 10 EAs, this ATS is sold separately. It works on the MT4 and MT5 platforms and the package includes one license with an unlimited number of demo and real accounts, free updates, free upgrades, and a 30-day money-back guarantee. When compared to the market average, we find the price is affordable. Further, the money-back assurance proves the reliability of the system.
While there are no user reviews for this FX robot, we found user feedback for the company on the Forex Peace Army site. Out of 5 reviews, a rating of 3.542/5 is given. Here are a few of the recent reviews:
From the above feedback, we can see the support is good and the company has issued a refund on the user’s request.