Happy Gold is a trading solution that is a part of the Happy Forex brand. Although the presentation is short, we managed to find some information about this trading system.
Happy Gold features
The following list includes information about the system and how it works on the terminal:
- We can enjoy automatic trading on our real account.
- We should do nothing in addition.
- We have a “modified ZigZag indicator that tracks and connects extreme points of the chart, the distance between these points being equal or higher than the percentage specified for the price scale.”
- The system uses the following strategies: Scalp, Swing, and Grid.
- The only pair is XAUUSD.
- The time frames can be from M15 to H4.
- The system works following FIFO rules.
- Stop Losses are 24 pips deep.
- The robot works on the standard systems Windows, Mac OS, and Linux.
- MT4 and MT5 are the terminals to work with.
- The minimum deposit requirement is $100.
- The system doesn’t include Martingale, Hedge, or Grid.
- ECN broker and an account are the musts.
- We can work with 4 and 5 digit brokers.
- We can choose two or five real account licenses.
- The system can rely on updates and upgrades.
- “The license is for the first month, and then you will automatically receive a free lifetime license on your email. You will pay for the license once only.” It sounds ridiculous to get this role coaster for that pricing.
Pricing
The offer is almost ten years old because it’s standardized. It includes the advisor and ten scams EAs on the board. The first pack costs €299 when the ultimate pack costs €499. A 30-days money-back guarantee is also provided.
How it works
- The system works completely automatically.
- It calculates entry points.
- It places stop losses and take profits for every opened order.
Trading strategy
- The system uses the following strategies: Scalp, Swing, and Grid.
- The only pair is XAUUSD.
- The time frames can be from M15 to H4.
Trading results
The presentation includes a horrible Gold report on the M30 time. The data was chosen from 2018-2019. The modeling quality was 99.90% with 10 pips spreads. An initial deposit was $1000. The total net profit has become $518.26. The profit factor was 1.40. The maximal drawdown was 21.36%. The advisor has closed 202 orders with 91% of the win rate for shorts and 91% for longs.
The advisor works on VT Markets. We have never seen this broker before. The leverage was chosen as 1:500 leverage on MT4. The account has a verified track record and verified trading privileges at the same time. It was created on June 09, 2021, and deposited at $5000. Since then, the absolute gain has become 46.17%. Five traders check the account trading results.
There were 45 orders with 1478 pips traded. An average win is 59.24 pips when an average loss is -89.25 pips. The win rate is 72% for longs and 95% for shorts. An average trade length is 5 minutes only. The profit factor is 2.50.
The Short direction is not profitable at all even with profits in pips. So there’s Martingale on the board.
The system focuses on opening orders during European trading hours.
Wednesday is the most actively traded day.
The robot works with medium risks to the balance.
The robot opens short orders on an ECN account and closes them, paying commissions. It’s just wasting time.
We may note how much the monthly profit has fallen in August 2021.
Customer reviews
The company created a page on FPA for all its products at once. The final rate is 3.542 based on five reviews only.
