VR Lollipop – Trend EA | MT5 EA Download – MetaTrader 5 Resources

VR Lollipop is an automated trend EA created for the MetaTrader 4 and MetaTrader 5 platforms. It is designed to trade based on current market trends using a variety of built-in strategies and risk management tools. The EA is designed to analyze market trends and gradually increase trading positions in the direction of the trend.

The main idea behind VR Lollipop MT5 is trend trading through position scaling. The EA trades in the direction of the main market trend that it determines. As the trend continues, it adds more positions while trying to manage risk. A distinguishing feature here is the break-even function. This means that once the position changes to a certain level of profitability, the EA will adjust the stop loss so that the trade does not end with a loss. This is called putting the location into "safe mode."

Features of Trend EA

• Floating Trailing Stop – Instead of using the standard trailing stop that follows the price movement by a fixed number of pips, the Trend EA uses the “Floating Trailing” method. This method adjusts the stop loss based on the percentage of price movement. This strategy is designed to prevent trades from being closed prematurely during small price pullbacks, allowing trades to be held longer and potentially capture a larger trend.
• Trading Cycle Method – A noteworthy part of the EA design is its cycle-based trading. A cycle is the period during which the EA opens a position and manages the trade until the break-even point is reached or the position is closed with a profit. The EA will start a new cycle only when all positions are safe or closed. The purpose of this structure is to keep the transaction sequence organized and rules-based.
• Pairs Position Strategy – VR Lollipop MT4 also uses a strategy called Pairs Trading. It starts by opening two positions in opposite directions (buy and sell). Then analyze the market. Trades that go against the trend are closed, while trades that go with the trend remain open. The purpose of this setup is to select trades that are more in line with the direction of the market while limiting early losses.
• Customization and Market Adaptation – The EA has a variety of adjustable settings, allowing users to change the way it behaves based on the financial instrument being traded. This may include changing the aggressiveness with which they trade, the size of their trades, or the way they handle risk.
• Dashboard – The platform features an advanced dashboard that displays transaction information.
• Alerts – It also includes a notification system that can send alerts via mobile phone, email, Telegram or directly on the trading platform.

Please test in a demo account first for at least a week. Then, familiarize yourself with and understand how this VR Lollipop Robot works, and is only for use with live accounts.

VR Lollipop EA Recommendations

• Minimum account balance is 1000$ .
• Works Best on EURUSD, GBP/USD, AUD/USD, USDCHF, EURUSD, USDJPY, AUDUSD, USDCAD, EURUSD, GBP/USD, NZD/USD, USDJPY, BTC/USD and XAUUSD
• It works best with H1 TimeFrame.
• Trend EA should continuously work on VPS to obtain stable results. Therefore, we recommend running this VR Lollipop EA on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
• The EA is not sensitive to spreads and slippage . But we recommend using a good ECN broker ( find the best one for you here )

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Conclusion

VR Lollipop brings some unique features to automated trading, such as floating trailing stops, cycle management, and pairs trading. While it offers flexibility and multiple built-in risk management tools, as with any automated strategy, its performance may vary based on market conditions. Traders are advised to test and understand how a Trend EA behaves before relying on it in a real trading environment.