Happy Gold EA is an automated trading software developed by the HappyForex.de team. The Expert advisor was developed some years ago and now we are reviewing the 8th version of the team.
There is little information about who and where this group of people are hashing there expert advisors. The only thing we can see that they offered is a contact form for any further inquiry with few or no positve client feedback from the community.
Happy Gold EA Review
EA Happy Gold is a Forex robot dedicated to trade one Forex XAUUSD. There is no pricing package for the Happy Gold EA itself but clients can purchase the EA along with any of the two Happy Forex EA packages. There is the HAppy Forex full package (2 license) and Happy Forex full package (5 license). Both comes with a bundle of 10x expert advisors including the Happy Gold EA.
The Happy Forex Full Package (2 license) cost €299 and the Happy Forex Full Package (5 license) requires you to pay €499. We did not see a free testing service but you will get access to V1.8(MT4), V2.0(MT5), a complete user guide, free updates, and a 30 day money back guarantee.
What more, we can see that Happy Gold EA is recommending an intraday time frame, M30, H1 and H4. Intraday Timeframe have advantages which include lots of trading opportunities, less chance of losing months and no overnight risk. But you should consider that the transaction costs will be much higher (more spreads to pay).
During our check on Happy Gold EA, we saw that they provide a very popular software strategy that is based on scalp/swing strategy with modified ZigZag indicator. The did not provide much details on actual strategy.
Otherwise, Scalping is a trading style that specializes in profiting off small price changes, generally after a trade is executed and becomes profitable. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain.
The Happy Gold EA vendor provides a verified myfxbook account which is actually a demo account. The result is showing a gain of over 22,000%, with a drawdown of just under 22%.
From the result, you will see what the software strategy.
Compare Happy Gold EA
Try robots which are backed by the trading community, see here.
If you are using this Happy Gold EA let us know how it performs with you below.