Expert AdvisorsForex

Happy Galaxy Review: Things You Need to Know Before Investing

2 Mins read
3.7

The vendor describes Happy Galaxy as a 100% fully automated system for trading. They say it is particularly efficient in trading on popular currency pairs, such as EURUSD, GBPUSD, USDCHF, EURGBP, and EURCHF. The EA is compatible with Windows 7,8,10, Mac OS, and Linux. 

Happy Forex is the company that developed this EA. Happy Forex creates trading systems for the Meta trader platform. Some of its products include Happy Breakout, Happy Gold, Happy Way, Happy Neuron, Happy MartiGrid, and many more. However, there is no information whatsoever about the developers. 

Happy Galaxy trading strategy

The vendor admits that they have added new methods to the system that mainly ascertain the direction of the trend, small grids, or recover losses. Furthermore, a news filter is included to decrease the drawdown when the market is highly volatile. 

Happy Galaxy backtesting report

Backtest report
Backtest report

The EA was tested on the EURUSD currency pair using the H1 timeframe from January 2020 to September 2021. The end result was a total net profit of $3805.42 from 666 trades implemented. Notably, the robot didn’t place any short trades. Rather, it worked with long trades and won 71.62% of these orders. There was a profit factor of 3.04, and a relative drawdown of 84.30% indicated that a dangerous strategy was applied.  

Happy Galaxy live results

Live trading statistics
Live trading statistics

The risky nature of the EA’s strategy is evidenced in this live account. The system has already obliterated 42.84% of the capital. Daily and monthly profits currently stand at 0.35% and 11.10%, respectively. So far, a profit of $651.21 has been made from a deposit of $1500. Consequently, the balance has increased to $2151.21. 

The robot has carried out 599 trades with 5492.3 pips. The average win is 24.57 pips, but the higher average loss of -54.94 pips is a sign that the robot has a high losing streak. To date, 78% of the long trades and 82% of the long ones have been successful.

From the trading history, a grid of orders is evident. Some trades were held for long periods, and the profits generated from each order were small. 

Some features of Happy Galaxy

Total return77.38%
Maximal drawdown42.84%
Average monthly gain11.10%
DeveloperHappy Forex
Created, yearN/A
Price€299
TypeTrend, small grids, and recovery losses
TimeframeH1
Lot size0.01
Leverage1:500
Min. deposit$1000
Recommended deposit$2000
Recommended brokersAny broker
Currency pairsEURUSD, GBPUSD, USDCHF, EURGBP, and EURCHF
ECNYes

We have listed the other features of the EA here:

  • Supports FIFO rule
  • Is easy to install
  • It works on the MT4/5 accounts
  • Includes autodetection of 4 or 5 digit quotes

Main things to consider if you invest with Happy Galaxy

If you are having any thoughts of purchasing this EA, then you should put the following factors into consideration:

Risky strategy

The EA works with the grid strategy, which is notorious for generating devastating outcomes on trading accounts. In just 5 months of trading, the algorithm has almost eaten up half of the user’s capital. 

Unimpressive profitability rate

As earlier mentioned, Happy Galaxy has only made a profit of $651.21 since it began trading. So, it makes about $130 monthly for the user. This amount is low for a trading system. 

Pricing details

Happy Galaxy is currently available at a price of €299. It comes with a bonus of Happy Forex full pack that features 10 extra EAs for free. When you purchase Happy Galaxy, you will also get a single license for an unlimited number of demo/real accounts, free updates and upgrades, and a 30-day money-back guarantee. 

Happy Galaxy’s pricing details
Happy Galaxy’s pricing details

Other notes

Happy Galaxy does not have any customer reviews yet. Consequently, we are not sure if it has buyers or not.

Happy Galaxy Summary

3.7
Happy Galaxy offers free upgrades, updates, and a 30-day money-back guarantee. But before you purchase it, think carefully if you are ready to work with high trading risks because the grid approach is present. Moreover, the lack of customer reviews makes it harder to determine if traders can really benefit from the EA.
6.0

Functionality

3.0

Reliability

2.0

Strategy

4.0

Price

3.0

Trading results

4.0

Vendor transparency

Pros

  • +Free upgrades and updates
  • +A 30-day money-back guarantee is available

Cons

  • -Risky strategy is used
  • -No customer reviews
  • -High drawdown
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