Trend collector – VR Lollipop Expert Advisor
Version: 23.093
Updated: 30.09.2023
Added: 28.10.2022
License: Paid-Free
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More → Version: 22.083
Updated: 01.09.2022
Added: 01.07.2015
License: Paid-Free
VR Watch list and Linker is an expert advisor for synchronous changes of financial instruments in open windows of the MetaTrader terminal. Choosing a trading instrument in the market overview, you will immediately get charts in the open terminal windows. Each window can be configured individually by you.
Version: 22.040
Updated: 11.04.2022
Added: 30.08.2017
License: Paid-Free
The program trades according to a unique logic, the task of which is not just to fix the profit, but also to use the accumulated profit as a safety cushion, which significantly reduces the drawdown on the balance.
Version: 16.120
Updated: 13.12.2016
Added: 10.09.2014
License: Free
The expert Advisor's interface is intuitive and easy. The EA hides the take Profit, Stop Loss, Breakeven, and Trailing Stop trading levels.
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. Even when using virtual levels, Stop Loss and Take Profit serve as additional safeguards and a means of hiding the actual closing levels of positions.
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.
Monitoring of the work of the Expert Advisor is updated twice a day at 09 00 and 21 00 GMT +3
Follow the monitoring in the telegram group: https://t.me/tradinggoen
The default for a 5-character broker
Version 23.093 - 30.09.2023
Minor fixes and improvements.
Version 23.092 - 29.09.2023
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 23.072 - 21.07.2023
What's new:
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 23.071 - 13.07.2023
Important update
Fixed issue with MagicNumber
Version 23.070 - 13.07.2023
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.
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.
Question: What happens to positions with a stop loss set to no-loss.
Answer: 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.
Question: I have several positions accumulated in profit, can I close them manually?
Answer: 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.
Question: How to manage funds?
Answer: 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.
Question:How to reduce risks when trading with this robot?
Answer: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.
Comments
hello i need update setting lollipop , where can i download ?
No