Available soon
Loading product…
VR Lollipop MT5 is a trend-following expert advisor that opens a pair of opposite trades, drops the one against the move, adds to the trend side and trails stops by percentage. Trading carries risk.
Get one message the moment it launches, with its price.
VR Lollipop is an expert advisor for MetaTrader 5 that trades with the prevailing trend. It works in cycles: it opens two opposite positions, keeps the one that agrees with the market direction, adds further positions along the trend and then protects them with breakeven and a trailing stop.
Every series begins with a pair of opposite trades. The robot then reads the current trend and closes the position that is going against it, leaving the other one open. From there it adds positions in the direction of the move. Once positions have reached the breakeven area, which means their stop loss has been moved to about the entry level, they are treated as protected.
A cycle covers the time in which the robot opens new positions and holds them until they reach breakeven. A new cycle starts only after the current positions have been closed or moved to that protected state.
Instead of a fixed distance in points, the trailing stop is based on a percentage change in price. The aim is to give the trade room during small pullbacks while still following the move. As with any stop, price can gap or slip past it.
The tool can be configured for different symbols and trading styles. The description does not set a single required timeframe, so test your chosen instrument and chart period in the strategy tester and on a demo account before going live. Trend strategies tend to behave differently in ranging markets, so look at those periods in your tests as well.
Parameters are grouped into blocks. The table below lists the main ones; check the input panel in your terminal for the full list and exact names.
| Setting | Purpose |
|---|---|
| Maximum spread | Pauses trading while the spread is above the limit; zero turns the check off |
| Lot calculation type | Fixed lot, percentage of balance, or volume based on balance per minimum lot |
| Initial lots | Starting volume of a series |
| Lot multiplier | Controls how position volumes increase; read the vendor guidance for suggested values |
| Lot reduction | Gradually lowers volume of trend-direction positions |
| Minimum lot for trend trading | Lower volume limit |
| Breakeven method | Several options, including distance in points and distance in percent |
Adding positions and changing volumes can increase exposure faster than many users expect. Choose lot sizes based on your account size and the loss you can accept, and watch margin use during longer trends.
Trading carries risk, and past results, including backtests, do not predict future ones. Test on a demo account first and never trade money you cannot afford to lose.
Check with your broker that hedging is available and that the minimum lot and spread conditions suit your settings.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Trade style | Trend following with position scaling and trailing |
| Markets | Any symbol you configure; test the instrument first |
| Timeframes | Not fixed; test on the chart you plan to use |
| Lot modes | Fixed, percentage of balance, balance per minimum lot |
| Risk controls | Spread limit, breakeven, percentage trailing stop |
| Requirements | MT5 terminal, algo trading enabled, stable connection or VPS |
No reviews yet. Customers who own VR Lollipop MT5 can review it here.
This page is for the MetaTrader 5 edition. It is an expert advisor and will only load in MT5. If you trade on MT4, you need the separate MT4 edition of the product, so check the store listing for it before buying.
In MT5 choose File, then Open Data Folder, and go to MQL5 and then Experts. Copy the expert file there, restart the terminal or refresh the Navigator, and drag the expert onto a chart. Make sure Algo Trading is switched on and that automated trading is allowed in the expert properties.
The description does not name a required broker. Because the robot checks the spread and opens paired trades, check that your broker allows hedging on the account, lets you place opposite positions on one symbol, and offers spreads that suit the instrument. Confirm this on a demo account first.
Settings depend on your deposit, symbol and broker, so no universal values are given here. Start with a small fixed lot on a demo account, set a sensible spread limit, review the lot multiplier and reduction options, and run the strategy tester before moving to a live account.
No. Trading carries risk, and past results, including tester results, do not predict future ones. Scaling into positions can raise exposure, so size your lots to a loss you can accept.
The robot runs only while the terminal is open and connected. If you want it to work around the clock, a VPS is the usual way to keep MT5 online, but it is optional.
VR Lollipop MT5
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT5 tools with a similar focus.
Own VR Lollipop MT5? Sign in to review it.