Happy Neuron is a Forex Robot for the MT4 and MT5 platforms. It works on 25 currency pairs and uses neural network technology for identifying the precise trading conditions. The vendor assures continuous profits with this EA. While the system is fully automated and simple to set up, we find that the approach used and trading results are not effective. Our initial overview of this FX EA indicates it is not a trustworthy EA.
Vendor Transparency
This FX EA is one of the products from the Happy Forex group which has similar EAs like Happy Power, Happy Breakout, and more. There is no info provided for the vendor including the developers’ team behind the systems, their experience, the location, founding year, and more. Customer support options include a live chat feature and an online contact form. No phone number or location address is present. The lack of vendor transparency makes us suspicious of the reliability of this ATS.
How HAPPY NEURON Works
As per the info on the official site, this EA is made of numerous modules that work on the recurrent neural network principle. The FX robot uses the neural network system for analyzing the market sentiment and uses a new filter in combination. Continuous profits along with frequent trades are assured when you use this FX EA.
Crucial features the vendor advertises for this ATS include autodetection of quotes up to 5 digits, easy installation method, broker compatibility, FIFO supported system, and ECN broker compatibility.
Timeframe, Currency Pairs, Deposit
This EA is compatible with the MT4 and the MT5 platforms and uses the H4 timeframe for its trades. 25 currency pairs can be traded effectively with this FX robot. The recommended minimum deposit is based on the risk level you choose. For the conservative risk a deposit of $5000, $3500 for normal risk, and $2000 for aggressive risk are recommended by the vendor.
Trading Approach
There is no explanation of the strategy used by this EA on the site. We have identified a similar issue in most of the Happy Forex EAs. Other than mentioning neural network technology for spotting market trends, the vendor does not provide a precise approach or an explanation.
Furthermore, backtests are not present which is another drawback in this EA. The strategy tester reports help traders know how the EA is performing under historical data and provides better insight into the strategy. By not providing backtests, the vendor shows a lack of transparency concerning the approach used.
Pricing and Refund
To use this EA, the vendor charges €349. The price includes a bonus package of 10 EAs. Unlike many of the other EAs of the company that are sold along with other EAs in a package, Happy Neuron is sold separately. The purchase includes a single license, which you can use for an unlimited number of demo or real accounts. Upgrades and updates for the software are provided for free. A money-back guarantee of 30 days is provided by the vendor.
Compared to the price of similar EAs in the market, the price of this FX EA appears to be very expensive. But with the bonus package, the price looks affordable. However, from our reviews of the other FX robots of this vendor, the price is expensive as most of the products do not work or elicit poor performance.
Trading Results
A real live USD account using the Fort Financial Services broker and the leverage of 1:500 on the MT4 platform is shown on the official site. From the trading stats shown in the image below, we can see that the profit and absolute profit values are similar at 53.52%.
While the monthly value stood at 6.58%, the daily value is 0.21%. A drawdown of 45.94% is shown which is very high and is a value that most traders do not feel comfortable with. 1.79 is the profit factor for this account.
People say that HAPPY NEURON is…
An unreliable EA. From the user reviews shown below, it is clear that the EAs of the company are not reliable.
Further, the feedback also indicates the customer support is not prompt in addressing the user issues.
Verdict
| Pros | Cons |
| 100% automated trades | Poor trading performance |
| 30-day money-back assurance | Lack of explanation for the strategy used |
| Vendor transparency is not present |
Happy Neuron assures clients huge profits with its optimized design. But our review of the various features of the EA reveals that it has several downsides including lack of transparency concerning the vendor and the approach used, poor trading results, and lack of backtests. While the bonus package and money-back assurance offer some respite to members, the lack of a proven track record makes this system highly unreliable.
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