Trend collector – VR Lollipop Expert Advisor

Professional course on programming robots for MetaTrader

Review

Dear friends, the website enables you to pay for the program with VISA, MasterCard, MIR and other cards. You can pay and buy now. If you have any problems, please write to the support chat or to the “Support” section in your personal account.

The VR Lollipop Expert Advisor is an automatic trading strategy designed for the MetaTrader 4 and 5 terminals. The main task of the Expert Advisor is to collect positions according to the trend and move them to breakeven. The Expert Advisor uses modified position network trading. Unlike classic order network trading, the VR Lollipop Expert Advisor uses networks in the trend movement direction. Trading in the trend direction, combined with the smooth pulling of the stop loss following the price, allows the trader to make the most of the trend. To see how it works, run the Expert Advisor in the strategy tester, or even better on a demo account.

The figure shows a downtrend and 6 open sales positions. The VR Lollipop Expert Advisor set a stop loss to breakeven for each position. Please note that the stop loss for each position is individual. The breakeven level for each position is calculated according to a special percentage formula that does not allow you to instantly close the position.

---

The main advantage of this trading strategy is that it adheres to the important trading rule “Let profits grow and cut losses as quickly as possible”. A large number of settings allows you to set up aggressive, normal or conservative trading. By setting the Expert Advisor to stop at profitable positions, you can automatically stop the trading algorithm and continue to control positions manually. You can set the trading volume to increase or decrease in the trend direction. 

After testing in the strategy tester, the Expert Advisor displays a report. With this report, the trader can quickly understand what and how the settings affect. The report displays its own test score calculated according to a special formula. More details about this are described in the “Operation Algorithm” section.

Recommendations in simple words from the author of the Expert Advisor

My recommendations are not binding, I just want to help you learn the VR Lollipop automatic trading strategy correctly and competently. Follow my recommendations or not – it's up to you.

Work it out!

The first thing I recommend traders to do is to watch the video review of the Expert Advisor. Yes, the video review goes on for an hour, but it's better to spend an hour than to spend a few days and still return to this video review. In the video, I fully describe and demonstrate the trading strategy operation, explain each setting in the Expert Advisor and what it affects, and give answers to most questions.

Testing

Testing is not just in the strategy tester, but under conditions that are as close to real as possible. The best way to do this is to use demo accounts or cent real accounts. Moreover, the Expert Advisor does not require a purchase for testing on a demo account. The strategy tester is certainly very good, but it does not take into account a large number of factors that occur on real and demo accounts. The conditions that are as close to real as possible are the deposit amount that you plan to use, the financial instrument and the broker that you plan to use. Your testing must be the same as if you had already run the Expert Advisor on a real account. A good test will be if, during the testing period, you will adjust the settings of the Expert Advisor according to the current circumstances on the financial instrument.

VPS for tests 24/7

The next thing I recommend you to do is to rent a VPS server for at least a month. It costs money, but it is not a huge amount of money. Now you can rent the VPS server for only 4 - 10 dollars per month. With the help of the VPS server, you can visually and live see how the automatic trading strategy works. It is better to rent the server on which you can run several terminals in MetaTrader. This will allow you to run the Expert Advisor on several terminals with different settings, on different financial instruments. To get the most accurate results, the Expert Advisor must work during trend movements, flat movements and periods when the tendency changes. More about VPS.

Conclusions

Only after testing the VR Lollipop Expert Advisor under conditions as close to real as possible for at least a month, you can make a conclusion. Do not rush to rejoice at success, calmly evaluate all the test indicators: drawdown, profit, deposit load, expected and real profitability.

What definitely should not be done

I do not recommend installing the Expert Advisor on real accounts without testing, as described above. I do not recommend leaving the Expert Advisor uncontrolled on the VPS server, control must be constant. Even a money printing machine requires constant control. And most importantly, soberly assess the risks.

Technical recommendations

• Operating system Windows 7 64bit sp1 or older;
• Trading account type: Hedging;
• Financial instruments: Forex, Crypto, CFD, Metalls and others;
• Terminal: MetaTrader;
• Pre-testing on training and demo accounts;
• Chart period 1H or older;
• For the Expert Advisor to work 24 hours a day and 7 days a week, the VPS server;
• Carefully watch the review of the Expert Advisor from the author on the YouTube channel;

Algorithm of operation

The Expert Advisor works in cycles. The cycle is the moment when the program starts working, when there are absolutely no positions previously opened by the Expert Advisor or all positions have been moved to breakeven, and the moment when all positions have been closed or moved to breakeven.

Positions on the trend are those positions that are open in the current price movement direction. If the price rises, then the positions on the trend will be purchases. If the price falls, then the positions on the trend will be sales.

The Expert Advisor starts the cycle by entering the market simultaneously with two positions of equal volume, one for buying and another for selling. The Expert Advisor always works with two differently directed positions. When the price goes to the distance specified in the settings, the first thing the Expert Advisor does is to move the position on the trend to breakeven. Once the Expert Advisor has moved the position to breakeven, the Expert Advisor opens a new pair of positions. Depending on the settings made by the user, the lot can increase for positions against the trend, and the lot can both increase and decrease for positions on the trend.

The next stage of the Expert Advisor's work is the analysis of already open positions on the trend and against the trend. If there are more than two positions against the trend, the Expert Advisor calculates the total average price, while it calculates it using such a formula to compensate for the loss from the last position on the trend that does not have breakeven. On a small pullback against the trend, the Expert Advisor closes positions that do not have breakeven with a small profit, while positions where the stop loss has been moved to the breakeven zone remain in the market. By repeating such cycles several times, the Expert Advisor accumulates a large number of positions with breakeven in the trend direction. This principle is very well illustrated in the figure at the beginning of the description of the Expert Advisor.

What happens to positions where the stop loss has been moved to breakeven. The breakeven management function is built into the Expert Advisors for such positions. This function is very similar to the classic trailing stop, when the Expert Advisor pulls up the stop loss following the current price at a fixed distance. In the VR Lollipop Expert Advisor, the trailing stop is modernized and works for each position individually. I have written a modernized trailing stop for the Expert Advisor, which works according to a special formula calculated from a percentage. This is done in order not to close positions that have been moved to breakeven at the slightest pullbacks. It also allows you to accumulate a large number of positions and not collapse them ahead of time.

Thanks to a large number of settings, you can configure the Expert Advisor' algorithm in different ways. The settings allow you to close positions upon reaching a specified profit or loss, open or close positions when a new trading period begins.

Some information about testing the VR Lollipop Expert Advisor in the tester

At the end of testing, if the tester's work is completed automatically (Not manually). The VR Lollipop Expert Advisor displays a report with the test results. This report helps to quickly and clearly understand the quality of testing in the strategy tester and the quality of the installed settings. The advantage of this report is the calculation of its own test score, the higher the “Test Score” indicator is, the better the settings are selected.

Description of report fields:

• VR Lollipop v.22.122 - name of Expert Advisor and its version;
• EURUSD / H1 - financial instrument and chart period;
• 500.00 / USD - initial deposit amount and deposit currency;
• 22.11.24 00:00:00 - start date for test;
• 22.12.09 00:00:00 - end date for test;
• 15 : Trading days - number of days that the Expert Advisor has traded;
• 653.48 : Net profit - profit including losses = (Total profit - Losses);
• 43.57 : Net profit per day - calculation of net profit received by the Expert Advisor every day = (Net profit / Trading Days);
• 1542.18 : Total profit - amount of total profit excluding losses;
• -888.70 : Total loss - sums of total loss excluding profit;
• 1.83 : Math. expectation - Mathematical expectation = (profit / losses);
• 1.74 : Profitability - (amount of all profitable / amount of all unprofitable);
• 4.54 : Sharpe - Sharpe ratio;
• 107.52 : Min. Margin - minimum margin indicator;
• 116.64 : Max. Profitable position - the most profitable position;
• 32.68 : Max. Unprofitable position - the most unprofitable position;
• 11 : Buy Max. - Maximum number of buy positions without breakeven;
• 7 : Sell Max. - Maximum number of sell positions without breakeven;
• 5 / 10 : Buy No SL / Yp SL - for purchases 5 maximum number of positions without breakeven, 10 maximum number of positions with breakeven;
• 5 / 6 : Sell No SL Yp SL - for sales 5 maximum number of positions without breakeven, 6 maximum number of positions with breakeven;
• 0.03 : Buy Max. lots - for purchases the maximum lot;
• 0.48 : Sell Max. lots - for sales the maximum lot;
• 500.00 : Min. balance value - minimum balance value for the test;
• (13.12%)90.00 : Max. balance drawdown - maximum balance drawdown;
• (13.19%)86.05 : Relative balance drawdown;
• -36.28 : Absolute drawdown of funds;
• (63/48%)363.32 : Max. drawdown of funds;
• (63/48%)363.32 : Relative drawdown of funds;
• 2022.12.09 09:09:20 : Maximum funds date;
• 342.53 : Max. Funds - maximum non-fixed profit;
• 2022.11.28 13:34:40 : Minimum funds date;
• -323.09 : Min. Funds - maximum non-fixed loss;
•  - Final test score (The higher the better);

Profitability

Monitoring of the work of the Expert Advisor is updated twice a day at 09 00 and 21 00 GMT +3

Settings

• < Lot> - Lot calculation settings
• Start lots - Initial starting lot - Sets the lot for starting positions. It can be the minimum value (0.01).
• Decrease Lots - Decrease of the starting lot in the trend direction. It can be the minimum value (0.01). If Start lots is set to a lot larger than the minimum, then when opening a position in the price movement direction, the lot is decreased by the value set in Decrease Lots.
• Multiplier Lots - Lot Multiplier - Lot increase against price movement. It can have values 1.1, 1.4, 2.3...
• < Position> - Settings for calculating the step between positions
• * Step position - Step between positions
• Use new bar? - trading at the onset of a new bar, all trading operations are performed at the beginning of a new trading period.
• - Settings for modifying Stop Loss levels
• * Profit plus - Minimum value of profit points when closing a network of positions open against the price movement.
• * Breakeven - Minimum level without loss.
• Type Trailing stop - Type of modification of Stop Loss levels
• Manual - Manual control. The trader himself determines the Stop Loss levels for each position. Also with this value, Stop Loss levels can be controlled by other trading experts.
• Donchian channel - Modification of Stop Loss levels by Donchian channel levels.
• Bolinger - Modification of Stop Loss levels by Bolinger Bands indicator levels.
• Dynamic - Dynamic modification of Stop Loss levels based on the specified values in the Trailing Size and Maximum % trailing stop settings
• Indicator Parametr 1 (Period Donchian, Bolinger) - Setting the period of the Donchian and Bolinger Bands indicators
• Indicator Parametr 2 (Deviation Bolinger) - Setting the deviation for the Bollinger Bands indicator
• * Trailing Size (Dynamic) - Maximum value of desired profit for one position in points.
• Maximal % trailing stop (Dynamic) - Percentage in points of profit fixing as a result of moving Stop Loss levels for each market position. It can take values from 10 to 90 percent.
• < Other> - Other settings
• Close all positions at rofit (50) (0 - Dont work) - Amount of profit 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 - Type of the Expert Advisor work when all positions are closed by profit or loss.
• 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 breakeven and there are no other positions
• Full Trading stop - Full stop of the Expert Advisor without resuming work
• Closing all positions and continuing trading - Resuming the work of the Expert Advisor after the complete closure of all positions
• Magic Number - Unique number of opened positions
• * Slippage - Slippage size
• Telegram bot token - Telegram bot token for receiving account status messages.
• Comment position - Comments on positions
• < Annotation> - Annotations
• * - The setting depends on the number of decimal places, for 5 brokers 500, for 4 brokers 50 - Note

Video

Updates

What's in the archive

For MetaTrader 5

• VR Lollipop RU.ex5 - Program file in Russian;
• VR Lollipop EN.ex5 - Program file in English;
• Set of settings files for seven financial instruments;

For MetaTrader 4

• VR Lollipop RU.ex4 - Program file in Russian;
• VR Lollipop EN.ex4 - Program file in English;
• Set of settings files for seven financial instruments;

FAQ

Question: What is the profitability of this Expert Advisor?

Answer: When testing in real conditions, I have achieved a profit of 509% from the initial deposit of $ 1000 in 129 days. The work of the Expert Advisor is still ongoing and the result will be changed. You can download the demo version and test the Expert Advisor on demo or cent accounts.

Overall result:

Initial deposit: $1000.0 Profit: $5093.1 | 509.3% Final balance: $6093.1 Working days: 129

Question: Is this Expert Advisor profitable?

Answer: The Expert Advisor is a programmed trading strategy, the Expert Advisor itself cannot be profitable or unprofitable, it is simply a set of programmed trading rules. Simply put, it is a tool that in the hands of one trader can give a good profit, and in the hands of another trader can lose everything.
Example: Is a car a dangerous or safe means of transportation? In the hands of an experienced driver, it's more safe, in the hands of a novice driver - dangerous...

Question: Can the Expert Advisor be left to work without control?

Answer: No, you can't. The Expert Advisor requires control. The trader needs to adjust the work of the Expert Advisor depending on the market situation. Leaving the Expert Advisor without control is the same as throwing the steering wheel of a car at high speed.

Reviews and discussions