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VR Lollipop

4.6

Make profits grow is the main strategy of the VR Lollipop robo trader. Trading along the trend, adding positions along the trend, transferring positions to the no-loss direction and cutting losses as fast as possible, – these were the principles behind the trading strategy of the VR Lollipop robot. Trend-following trading, combined with dynamic trailing stop, picks up all trend movements as efficiently as possible. The robo trader places real Stop Loss and Take Profit levels. 

You can find settings, set files, demo versions, instructions, problem solving, at [blog]
You can read or write reviews at [link]
Version for [MetaTrader 5]

The robo trader operates in cycles. Cycle is the moment when the program starts operating, when there are absolutely no positions previously opened by the robo trader, or when all positions have been transferred to no-loss, and the moment when all positions are closed or transferred to no-loss.

The robo trader starts the cycle by entering the market simultaneously with two positions of the same volume, one position to buy, another position to sell. VR Lollipop always operates in two different directions. When the price moves within the distance specified in the settings, the first thing the robot does is to move the position along the trend into a no-loss position. After the robot has moved the position to a no-loss position, the robot opens a new pair of positions. Depending on what settings have been set by the user, for counter-trend positions the lot may increase, and for trend positions the lot may both increase and decrease. Following several cycles of the VR Lollipop robo trader, on a financial instrument, the trader has several profitable positions transferred to the no-loss. Positions that have a real level without a loss are processed by a separate dynamic trailing stop algorithm.

The dynamic trailing stop, unlike the classic trailing stop, is smoother and trails the Stop Loss more smoothly, so positions are not closed early in the trend. The robo trader was developed in conditions as close to real as possible, so in the strategy tester the robot does not show reliable information.

The further stage of VR Lollipop operation is the analysis of opened positions along the trend and against the trend. If there are more than two positions against the trend, the robo trader calculates the total average price using such a formula to compensate for the loss of the last position against the trend which doesn't have no-loss. With a small backward movement against the trend, the robot closes positions that do not have no-loss with a small profit, while in the market, there remain positions with the stop loss moved to the no-loss zone. By repeating these cycles several times, VR Lollipop accumulates a large number of positions with no-loss in the direction of the trend.

What happens to positions with a stop loss set to no-loss.

The robo trader has a built-in no-loss management function for such positions. This feature is very similar to the classic trailing stop, when the robot pulls up the Stop Loss following the current price at a fixed distance. In the VR Lollipop robot, the trailing stop is modernized and works separately for each position. For the robo trader I created an upgraded trailing stop, which works according to a special formula calculated on the basis of the percentage. This is designed not to close positions which are transferred to no-loss at the slightest pullback. That also allows to accumulate a large number of positions and not to break them before the time.

I have several positions accumulated in profit, can I close them manually?

Yes, positions with a Stop Loss moved to the breakeven zone can be closed manually. I recommend not to do this, so that VR Lollipop itself closes all its positions. Let profits grow, don't rush to close profitable positions.

How to manage funds?

I recommend not saving large amounts of funds in an account. In the case when your deposit is increased withdraw your start-up capital. When trading using the robot, use only the capital that you can lose.

How to reduce risks when trading with this robot?

The first thing to do is to test the robot on demo accounts with the same conditions with which you are going to trade on real accounts. The second is to give the robot only the amount of funds that you are ready to lose. The third is to regularly withdraw earnings.

    Reviews 14
    Raakesh Dheer
    289
    Raakesh Dheer 2024.08.25 05:42 
     

    Excellent EA. I have been using it for more than a year. Once you get the settings right with proper money management, you can't lose. I trade Gold with it and constantly make money.

    Aldis Vanags
    78
    Aldis Vanags 2023.06.17 07:34 
     

    Спасибо автору за продукт и хорошую техническую поддержку, очень общителый автор. Желаю дальнейшего развития, продолжаю торговлю данным советником, все хорошо.

    Mark Vaines
    1820
    Mark Vaines 2023.05.27 12:45 
     

    Very good EA just use good task control

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    Filter:
    Eugene Zhuang
    143
    Eugene Zhuang 2024.10.12 06:37 
     

    User didn't leave any comment to the rating

    Raakesh Dheer
    289
    Raakesh Dheer 2024.08.25 05:42 
     

    Excellent EA. I have been using it for more than a year. Once you get the settings right with proper money management, you can't lose. I trade Gold with it and constantly make money.

    Ravi Chandiran
    605
    Ravi Chandiran 2024.01.25 09:48 
     

    User didn't leave any comment to the rating

    Aldis Vanags
    78
    Aldis Vanags 2023.06.17 07:34 
     

    Спасибо автору за продукт и хорошую техническую поддержку, очень общителый автор. Желаю дальнейшего развития, продолжаю торговлю данным советником, все хорошо.

    Mark Vaines
    1820
    Mark Vaines 2023.05.27 12:45 
     

    Very good EA just use good task control

    budihartono71
    211
    budihartono71 2023.05.03 01:17 
     

    Don't buy this EA, very dangerous system.! Slow but sure your account will blow! You must have big capital to use it.

    Markus Mlekuz
    257
    Markus Mlekuz 2023.05.02 23:13 
     

    Very good EA, easy to handle. I've been using the EA a couple of weeks and other vr systems. Vladimir has very good support and always answers in a very short time! Keep up the amazing work, THX, BG Maxx

    eppk alaa
    521
    eppk alaa 2023.02.26 16:54 
     

    it works nice,highly recomnded

    TradFMED62
    359
    TradFMED62 2023.02.09 10:58 
     

    Hello, I have the VR Lollipop now 1 month in real money operation with 3 currency pairs.... Total return 26 percent.... runs very well,...I hope it goes on stable like this...THANKS

    Hector Ranola Lopez
    168
    Hector Ranola Lopez 2022.12.14 05:27 
     

    The EA works, it can build your account gradually. Tt took me lots and lots of trial and error and optimization of the settings but hard work paid off. I have the best set file the EA can have. PM me if interested.

    Wolfgang Rockert
    2316
    Wolfgang Rockert 2022.10.28 08:21 
     

    Very flexible EA, you have to do your work with Strategy tester and you get very good longterm results. Good work!

    Mostafa Mahmoud Badawy Hussien
    519
    Mostafa Mahmoud Badawy Hussien 2022.10.23 14:53 
     

    great job still testing well see

    Andreas Gebetsberger
    611
    Andreas Gebetsberger 2022.10.18 16:42 
     

    User didn't leave any comment to the rating

    Evgen
    38
    Evgen 2022.10.13 09:53 
     

    User didn't leave any comment to the rating

    Vladimir Pastushak
    95136
    Reply from developer Vladimir Pastushak 2022.10.13 09:54
    Большое спасибо! Изобретаем)
    Reply to review
    Version 24.81 2024.08.14
    Global update of the trading algorithm:

    - The trading robot code has been reworked and optimized for new terminal updates.

    Removed settings due to inefficiency:
    - Settings for virtual levels.
    - Trailing Stop settings based on indicators.
    - Setting up a trade stop if there is a specified number of profitable positions.

    New settings added:
    - Minimum lot for trend trading - Minimum lot for trading, in cases where Initial lots is greater than 0.10, and during calculations the new trading lot turns out to be less than Minimum lot for trend trading, then the value from this setting is taken for trading.
    - Distance calculation method - Methods for calculating distance
    - Points - Distance is calculated in points, points are specified in the - Distance value setting
    - Percent - The distance is calculated as a percentage of price growth/decrease, the percentages are indicated in the - Distance value setting
    - Bolinger line difference - The distance is calculated as the difference between the lines of the Bolinger indicator, the indicator period is specified in the - Distance value setting
    - Counter positions - The distance is calculated depending on the number of positions, the step is multiplied by the number of positions according to the type of trading operations. The step is indicated in the setting - Distance value
    - Awerage bars - The distance is calculated as the average value of a given number of bars, the number is specified in the - Distance value setting
    - One bar one trade - The setting specifies trading based on the principle of one trade per bar. This does not take into account the opening time of a new bar.
    - Trailing % Stop Revers trend - The setting specifies the percentage of StopLoss movement to meet the price. (Recommended range 10-200)
    Version 24.41 2024.04.08
    Fixing division by zero error
    Version 24.40 2024.04.05
    Fixed a situation where there was one unclosed order left
    Added a button that stops the trading robot from working as is
    Added information about drawdown, calculated relative to the current balance
    Version 23.93 2023.09.30
    Minor fixes and improvements.
    Version 23.92 2023.09.29
    Corrected:
    In some cases, the advisor left positions in profit and stopped trading.
    In some cases, incorrect calculation of lots occurred.
    In some cases, the advisor started trading in the opposite direction by making incorrect mathematical calculations.

    Added:
    Dynamic trailing along the Donchian channel;
    Dynamic trailing using the Bolinger channel;
    Displaying profit for a position without loss. The profit that will be received if the position is closed without a loss is considered.

    Reworked:
    The virtual trading mode has been completely rewritten. Now the expert does not use global variables; all calculations are done after trading.

    Optimized:
    Massive code optimizations.
    Speeding up the trading algorithm in the strategy tester.
    Version 23.72 2023.07.21
    The name of the financial instrument has been added to the information panel
    Fixed display of settings in the settings info panel
    Fixed accidental closing of positions when launching the EA in virtual mode
    Version 23.71 2023.07.13
    Important update
    Fixed issue with MagicNumber
    Version 23.70 2023.07.13
    The default settings are for brokers with five digits.
    In this update, a major optimization of the main trading algorithms has been carried out.
    Improved and optimized algorithm for opening positions.
    Improved and optimized trailing stop algorithm.
    Improved performance for the strategy tester by disabling all graphical objects.
    A lot of time was devoted to optimization and operation of the EA in virtual and real modes.
    Improved operation of the trading robot on metals.
    To get the most accurate results, I recommend testing the adviser on demo accounts.
    Version 23.64 2023.06.16
    Исправление работы общего Take Profit
    К сожалению в прошлое обновление закралась небольшая ошибка.
    Version 23.63 2023.06.16
    Changed:
    Default settings - the spread parameter is set to 0, previously many traders ignored the setting and the trading robot did not work on metals.
    Fixed zero divide error appearing in some rare cases.
    Fixed period selection setting for a new bar. Previously, in MT 4 it was possible to select a non-existent period.
    Changed and redesigned set settings files
    Version 23.62 2023.06.14
    Исправления:
    Закрытие позиций при отрицательном профите - в предыдущих версиях настройка не работала.
    Version 23.61 2023.06.12
    The trading robot is completely rewritten:

    Before updating, I recommend saving the previous version in a separate directory

    The trading strategy has been modified and improved - in previous versions, the trading robot closed all positions en masse, in the new version, the trading robot analyzes the size of the future profit and closes positions of a certain type. The remaining positions are either transferred to no loss or closed by Stop Loss. Closing by Stop Loss and closing a group of positions in total gives a profit.

    Improved position opening - in previous versions it could crash due to requotes.

    Added trading mode with real levels - in previous versions there was only a virtual mode with a real stop loss. In newer versions, non-real real levels have been added for virtual mode. Closing and modification of positions occurs much earlier than the price reaches real levels. In the event of an emergency situation, real levels will be additional protection. The second mode with real levels of Take Profit and Stop Loss.

    Added a restriction on the work of the Expert Advisor on the spread, if the spread is greater than specified in the settings, the trading robot does nothing.

    Added protection against all sorts of non-standard behavior of a trader - checking for the type of trading account. (Hedge accounts only) Check to see if Auto trading is enabled.

    The window for displaying settings on a chart has been redesigned, now it is more compact.
    The window for displaying profit and loss information has been redesigned - now the window does not work in the strategy tester, so as not to create an additional load on the trading robot.

    Improved lot calculation - in previous versions for brokers with lots of 0.0001 type there could be problems.
    Improved the choice of trading on a new bar - in previous versions, the trading robot took into account the new bar of the trading period to which it was originally attached, in the new version, you can specify the period of the new bar and when changing the period on the chart, the trading robot follows the trader's settings.

    The calculation of compensation for losses from swaps and commissions has been significantly improved - - in previous versions, the compensation did not cover all expense write-offs.
    Significantly improved calculation of the profit-taking parameter when closing a group of positions
    Significantly improved calculation without loss of positions
    Significantly improved dynamic trailing stop calculation

    Added experimental features:
    Removal of the Expert Advisor from the chart in case of complete closing of all positions by total profit or total loss. Only for trading in real mode levels.
    Delay between sending trade orders in case of frequent requotes (Requote break)

    Other improvements and code optimizations of the User Posts Expert...
    Version 23.30 2023.03.23
    Correction:
    Example: earlier, if the last lot was 2 and the lot decrease along the trend was 3, then a position was opened with the minimum possible lot. Since 2-3=-1.
    Now the position will be opened by the lot of the last trend position, lot 2
    Version 23.12 2023.01.24
    Minor fixes and optimization.
    Version 23.11 2023.01.23
    Fixed:
    Displaying the period in the tester report.
    EA work with lots less than 0.01

    Added:
    Checking for account type hedge and netting. The Expert Advisor cannot work on Netting accounts.
    Displaying the amount of closed profit when closing several positions at the same time.
    Version 22.122 2022.12.24
    Исправления и оптимизация..
    Version 22.121 2022.12.20
    Corrected:
    Show comments.
    Unlocked settings for optimization
    Version 22.120 2022.12.20
    The advisor has been completely rewritten.
    The Expert Advisor code has been heavily optimized, massive performance and speed improvements have been made.
    Added the ability to see the adviser settings if you hover the mouse over the name of the adviser.
    Added reports when testing an adviser, the report helps to determine the quality of the settings specified during testing.
    Version 22.102 2022.10.17
    Small improvements
    Version 22.101 2022.10.17
    - Fixed ProfitPlus parameter, previously it could be set with floating point.
    - Fixed "Error adding symbol: 4059" error for MetaTrader 4
    - The Decrease Lots parameter can now also work for increasing the lot. To do this, specify a value in the format -0.01
    - Added setting Trade stop profit positions (0 - Dont work) - Allows you to stop opening positions if there is a specified number of positions with a stop loss at no loss and there are no other positions
    Example: Trade stop profit positions (0 - Dont work) = 3, after there are 3 positions at no loss and no more positions, the EA will no longer open positions.
    - Now it is possible to format comments to positions using masks, for a comment it is possible to specify no more than three masks, separated by a space, at a time
    %eaname% - Displays the advisor's name
    %magic% - Displays the magic number of the adviser
    %balance% - Displays the account balance at the time of opening a position
    %equity% - Displays the equity of the account at the time of opening a position
    %totpos% - Displays the number of positions by type at the time positions were opened
    %typpos% - Displays the position type
    Example: %eaname% %typpos% %magic%
    Result: VR Lollipop Buy mn-1
    Example: %eaname% %balance% %equity%
    Result: VR Lollipop bl1023.23 eq1563.36

    - Added settings for stopping trading by profit and loss
    Close all positions at rofit (50) (0 - Dont work) - Profit amount to close all positions
    Close all positions at loss (-50) (0 - Dont work) - Amount of loss to close all positions
    Expert Advisor actions after closing all positions - The type of adviser operation when all positions are closed by profit or loss.
    Full Trading stop - Full stop of the adviser without resuming work
    Closing all positions and continuing trading - Resuming the work of the adviser after the complete closure of all positions