Happy Falcon: Automated MT4 Trading with Verified AUDCAD M15 Results

Happy Falcon is presented here as a measured review for 2026 that emphasizes performance and analysis based on its AUDCAD M15 specialization. This review and performance analysis evaluates how Happy Falcon executes its grid entries, how often recovery sequences trigger, and the practical implications for account drawdown. The author Pui Yan Leung built this expert advisor for MT4 with a focus on systematic rules and configurable risk tiers, allowing traders to select Low, Medium, or High risk profiles depending on capital and appetite. What makes Happy Falcon unique is the explicit combination of mean reversion signals and trend breakout confirmation layered on a grid-based averaging engine. The algorithm opens positions according to identified signal points, places additional grid orders when price moves against the initial position, and then uses either a Martingale lot multiplier or dynamic sizing tied to account equity to pursue recovery. Market conditions with clear intra-day swings and mean-reverting behavior on the AUDCAD M15 timeframe tend to suit the system best. Risk management is handled by risk tiers, configurable maximum grid depth, and a drawdown reduction recovery function designed to limit persistent losses. In testing, Happy Falcon shows moderate trade frequency, higher expectancy in trending mean-revert phases, and characteristic drawdown spikes during streaks of adverse volatility. This review includes concrete results and a transparent analysis of the strategy’s strengths and limitations for traders and account managers.