HAPPY NEURON is a Forex EA that allows you to place trades with more than 25 different pairs. It claims to conduct a thorough analysis of the market sentiment using a neural network-based system. This way the trades can be placed more accurately, thus bringing you substantial profits.
As per vendor claims, you don’t need to monitor the market all the time while you are using this system. You even have full control over the trading parameters and financial limits. But, does this Forex robot have the results to back up its promises? Let’s see.
How HAPPY NEURON EA Works
HAPPY NEURON follows the First In First Out rule while trading and it supports all ECN brokers. It is a 100% automated system that is easy to set up. Using its autodetection feature, this Forex EA is able to detect quotes having 4 or 5 digits.
HAPPY NEURON is compatible with operating systems like Linux, Mac OS, and Windows. It works on the Metatrader 4 platform with a timeframe of H4. The minimal recommended deposits depend on the amount of risk the trader is willing to take.
This Forex robot is equipped with an advanced analytical system that monitors the changing currency exchange rates. No illogical trades are placed since the financial limits are set beforehand. Once the exchange rates cross a particular threshold, the trades are placed as per the strategy.
There is no information at all about the developers on the official website, which is quite disappointing. An experienced Forex trader would want to know that the system they are investing in is developed by professionals who know what they are doing. HAPPY NEURON does provide 24*7 customer support, however, and you can get in touch with them via the web form.
We always look for strategic insight while assessing the efficacy of a Forex EA. For technically inclined traders, this is a very important factor since it tells them how likely the system is to succeed in the live market. HAPPY NEURON provides zero information about the strategy, which is quite unusual and raises some questions about the system’s legitimacy.
Backtesting data provides us with vital information about an automated trading system, such as profit factor, win percentage, etc. Since the vendor has not provided any such information on the website, we have no way to assess how the Forex EA performs on historical data.
HAPPY NEURON Trading Results
Live trading results for a Forex EA are always appreciated, especially when they are verified by third-party websites. In fact, most Forex traders won’t even consider buying a system if it does not provide these results. Fortunately, HAPPY NEURON provides us with three live trading accounts verified by Myfxbook for three different risk profiles.
While different trading accounts are provided for Normal Risk, Aggressive Risk, and 4X Aggressive Risk, we are going to discuss the final one here. As you can see from the figure above, this ultra-aggressive trading system has generated a gain of 174.72% using a deposit of $500. While the daily gain of 1.89% and the monthly gain of 75.12% are quite decent, the high drawdown of 68.55% is a cause for concern.
That being said, this account displays high profitability of 84% and a profit factor of 2.03, which is more than adequate. It has won 84% of long trades and 83% of short trades, which tells us that this Forex EA places its trades quite efficiently.
Pricing and Refund
HAPPY NEURON offers only one pricing plan for 349 Euros. With this plan, you get an unlimited number of real and demo accounts, along with the Forex Full Pack from Happy Forex, the company behind this Forex EA. If you are already a customer of this company and have purchased the full pack, you can enjoy a discount of 30%.
The vendor also offers a 30-day money-back guarantee in case you are not satisfied with the system’s performance. You only need to pay once for the license, which is for the initial month. However, it receives a lifetime renewal after that period.
We couldn’t find any reviews concerning HAPPY NEURON on third-party websites, like Forex Peace Army and Trustpilot. This tells us that not many people are using this system for placing their trades and that it hasn’t earned a reputation for itself yet.