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Happy Gold Review: Is Happyforex.de Legit Or Scam?

Happyforex.de Review: this is the website of a Forex robot or Expert Advisor that can be used on the MT5 trading platform? Is Happy Gold legit or scam? Forex robots sound very pleasing as they come in handy but not all of them work well. Read this review to find out more about the product.

Contents

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What Are Forex EAs, Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.

It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

Happy Gold Review

This EA is produced by the Happy Forex team. The team has some level of popularity in the markets and they sell other EAs apart from this one.

Not much is provided about the team or the company that owns the product. Traders are distrustful of these kinds of anonymous vendors and we advise them to rectify this issue.

How Happy Gold EA Works

EA Happy Gold uses a scalp/swing strategy with modified zigzag indicators. To get the best out of this robot, trade it on the XAUUSD pair in the M30/H1/H4 chart. The indicator 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.

HappyGold uses 99.9% optimization in MetaTrader to obtain the best stability and profits. Maximum open trade is one and the stop loss is hard (-24 pips). The dynamic take profit levels are based on market sentiment. 20 pips spread is the maximum recommended and very low spillage. Different updates have been provided for the robot and the latest is v1.8 and v2.0.

Requirements

Operating system: Windows 7, 8, 10, Mac OS and Linux.
• MetaTrader 4 or 5 trading platforms.
• ECN types of accounts.
• Minimal deposit is $100.

Features of Happy Gold EA

• Easy to install
• No Martingale, hedging or grid
• Supports ECN brokers
• Auto-quotes detection 4 or 5 digits
• 100% automated

Happy Gold Price

EAs Happy Forex Full Pack (10x EAs) – €299 (2 licenses)
EAs Happy Forex Full Pack (10x EAs) – €499 (5 licenses)

Like we see above, the purchase includes 10 EAs and we get no information on the individual purchase of the robots. There is also a complete user guide, free updates, and a 30-day money-back guarantee.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

There are few client reviews found online and they are positive. The trading results provided by the vendors show impressive numbers but it is declining. It is like we see in the results of many other EAs, the robots are profitable in their early stages but start to lose funds later.

Support

We found no means of getting in touch with the vendors and this is a peculiar find. Robot vendors should provide a platform where they can be reached.

Conclusion

The pricing of Happy Gold EA is higher than its competitors in the market. But besides this, the client feedback is encouraging as well as the strategy presentation. Results made available are impressive but seem to be poor recently.

 

DO YOU KNOW!! Most Autotrading softwares, EAs or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, you can check out our recommended forex trading signals/EA and robots

 

Happy Gold

5

PRICE

2.0/10

STRATEGY

7.0/10

RESULTS

7.0/10

CLIENT REVIEW

7.0/10

SUPPORT

2.0/10

Pros

  • Good Trading Results
  • Good Strategy
  • Professional Presentation

Cons

  • Expensive
  • Recent Results Are Poor
Summary
Review Date
Reviewed Item
Happy Gold
Author Rating
21star1stargraygraygray

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