VR Lollipop — the most reliable assistant in trend trading

VR Lollipop — the most reliable assistant in trend trading

6 October 2022, 16:35
Vladimir Pastushak
18
4 039

VR Lollipop

VR Lollipop — the most reliable assistant in trend trading

VR Lollipop is the most modern automated trading strategy for trend trading, created for traders of any level. If you want to trade with discipline, without emotions and without constantly being at the terminal — this robot will become your most reliable assistant. The robot independently determines the trend direction, increases positions in the right direction and automatically protects open trades.

This product is necessary for you because it takes on the most difficult part of the work: market analysis, decision making and risk management. All you have to do is choose the settings for your deposit — the robot will do everything else itself, quickly, accurately and without emotions. This is an ideal solution for a beginner who wants to trade systematically, and for a professional who values their time.

Product overview

VR Lollipop is a unique trading system that combines the most advanced automated trading technologies. The product is available for MetaTrader 5 and MetaTrader 4, so it suits any trader regardless of the chosen platform. The robot was developed by an author with more than 15 years of experience in creating trading strategies and is shown "as is", without promises or guarantees of profit.

"Letting profits grow is the main strategy of the VR Lollipop trading robot."


Features and new technologies

The robot uses the best and most modern technologies: floating (dynamic) trailing stop, which calculates the stop loss as a percentage of the price movement and allows you to collect maximum profit from the trend; cycle trading — each series of trades is logically complete; paired positions — the robot opens Buy and Sell, determines the trend direction "on the fly" and keeps the profitable side; automatic breakeven — positions are moved to a risk-free mode as quickly as possible. The code is written in modern MQL5 and MQL4 using an object-oriented approach, the robot reacts instantly to every tick and operates in fully automatic mode 24/5.

VR Lollipop - floating trailing stop

Algorithm

The VR Lollipop algorithm is simple and reliable: the robot analyzes the current trend, opens a pair of opposite positions, closes the position against the market movement and increases volumes in the direction of the trend. After positions are moved to breakeven, a smart dynamic trailing stop is activated, which follows the profit until the trend reverses. When the series is complete, a new cycle begins. Everything happens automatically, in real time and without trader involvement.

VR Lollipop - cycle trading

Another important technology is the principle of cycle trading. A cycle is the period during which the robot opens new positions and holds them until they move to breakeven. A new cycle starts only when all current positions are closed with profit or moved to a safe mode.

VR Lollipop - paired positions

The VR Lollipop robot always uses the strategy of paired trades. Each new series of operations begins with opening two opposite positions. Then, based on the analysis of current trends, the robot closes the position directed against the main market movement, leaving the profitable trade open. To evaluate the effectiveness of VR Lollipop, it is recommended to install the demo version on a practice account and observe the robot's actions during several trading sessions.

Tip for beginners: start with the demo version on a practice account and test the robot in the strategy tester before trading on a real account.

Settings and market adaptation

VR Lollipop has flexible settings that allow it to be adapted to various financial instruments. Screenshots and video demonstrations are available for a better understanding of the system's operating principles. However, the most effective way to verify algorithms is to test the robot on practice accounts.

VR Lollipop - demo version

Default settings are specified for a 5-digit broker and marked with the symbol (*). The settings names are given in English (as in the trading terminal).

Trading settings

  • Maximum allowable spread (Point) (0 - Disable) — maximum allowable spread: when the value is exceeded, the robot stops trading until the spread decreases. The value "0" disables control.

Lot calculation settings

  • Lot calculation type — lot calculation type: Fixed (fixed lot), Percent (percentage of account balance), Deposit (balance for the minimum lot).
  • Initial lots — initial lot of the series (recommended slightly above the minimum allowed, e.g. 0.02).
  • Lot multiplier (0 - Disable) — lot multiplier to increase volumes against the trend. Minimum allowed value 1.1, recommended 2.0.
  • Lot reduction — reduction of the lot for positions in the trend direction.
  • Minimum lot for trend trading — minimum lot for trend trading.

Breakeven and distance settings

  • Breakeven calculation method — breakeven calculation method, 5 options to choose from: dPoint (in points), dPercent (in percentages), dBolinger (Bollinger Bands difference), dPosition (distance × number of positions), dAwerage (average bar size).
  • Breakeven Distance (Points) — breakeven distance: the price distance to move a position to breakeven.
  • Breakeven Step (Points) — breakeven step: shifting the protective level into the profit area.

Trailing stop settings

  • Trailing stop type — trailing stop type: Manual or Dynamic.
  • Potential trend size (points) (0 – disable) — potential trend size in points (for forex usually 5000–10000 points).
  • Maximum % Trailing Stop (For Dynamic Trailing) — maximum trailing stop percentage (up to 95%).
  • Trailing Stop Global (Point) — global trailing stop with the highest priority (recommended Potential trend size / 10).

Profit settings

  • Profit to the Plus (Points) — guaranteed profit when closing a series against the trend.
  • New Bar trading — limits the frequency of opening new groups of positions (recommended from 1 hour).

MM Settings

  • Close all positions with profit (50 or -50) (0 - Disable) — closing all positions when a given profit or loss is reached (e.g., +50 or −50).
  • Expert actions after closing all positions — actions after closing all positions: full stop or continue trading.

Other settings

  • Info panel Size (0 - Disabled) — size of the information panel on the chart.
  • Serial number of items (MagicNumber) — unique identifier of the robot's trades.
  • Slippage — allowed slippage on execution.
  • Comments on positions — comment on positions.
Notifications: Push notifications to smartphone, Alert in the terminal, e-mail notifications — you are always aware of events on your account.

VR Lollipop - settings

Risk warning

Trading on financial markets involves high risk. Strategy tester results do not guarantee similar results in real trading. The robot is not a guarantee of profit — like any other trading instrument, it can lead to losses. Before using it on a real account, be sure to test the expert advisor on a demo account and assess the risks taking into account the size of your deposit. Past results are not an indicator of future returns.

About the author

The author of the robot is Vladimir Pastushak, a developer with more than 15 years of experience in creating trading strategies. Only own ideas and developments are used in the work, all products are shown "as is", without promises or guarantees of profit. Author's profile: voldemar.

Beware of scammers, many sites have appeared on the Internet offering programs with a big discount, all these sites are scammers

Keywords

VR Lollipop, trading robot, trend trading, MQL5 expert advisor, dynamic trailing stop, automatic breakeven, paired positions, cycle trading, money management, MetaTrader 5