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- Trading Robots
- Metatrader 5
- Expert Advisor MT5
- VR Lollipop MT5
VR Lollipop MT5
Easy Rating: 0/0
MQL Rating: 233/11
12000
4273.52
Live
FusionMarkets-Live
18 Nov 2024, 06:24
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Are you ready to add a bit of sweetness to your trading journey? Meet VR Lollipop MT5, a trend-following trading robot designed to make your profits grow while minimizing your losses. Developed by Vladimir Pastushak, this robot promises to pick up all trend movements as efficiently as possible. But does it live up to the hype? Let’s dive in!
How Does VR Lollipop MT5 Work?
The VR Lollipop MT5 operates on a trend-following strategy, dynamically adjusting to market movements. It starts by entering the market with two positions of the same volume—one to buy and one to sell. As the price moves, the robot transfers positions to a no-loss direction and opens new pairs of positions. This cycle continues, accumulating profitable positions while minimizing losses.
Key Features
- Dynamic Trailing Stop: Unlike the classic trailing stop, this feature is smoother and prevents early closures in a trend.
- No-Loss Strategy: Positions are moved to a no-loss zone, ensuring that you don’t lose your initial investment.
- Real and Virtual Levels: The robot places real Stop Loss and Take Profit levels, even when using virtual levels for added security.
Pros and Cons
Pros
- Efficient Trend Following: The robot is designed to pick up all trend movements, maximizing your profit potential.
- Minimizes Losses: By transferring positions to a no-loss zone, it ensures that your losses are kept to a minimum.
- Customizable Settings: You can adjust various settings to match your trading style and risk tolerance.
Cons
- Mixed Reviews: The robot has a rating of 2.33, with some users reporting significant losses.
- Complex Setup: The initial setup can be complicated, especially for novice traders.
- Not Foolproof: Despite its features, the robot is not immune to market volatility and unexpected movements.
Comparison with EASY Series Bots
When compared to the EASY series bots, VR Lollipop MT5 offers a more sophisticated approach to trend-following. While EASY bots focus on simplicity and ease of use, VR Lollipop provides advanced features like dynamic trailing stops and no-loss strategies. However, the mixed user reviews and complex setup may make it less appealing to beginners.
Final Thoughts
VR Lollipop MT5 is a powerful tool for traders looking to capitalize on trend movements while minimizing losses. However, its mixed reviews and complex setup may be a deterrent for some. If you’re willing to invest the time to understand its features and settings, this robot could be a valuable addition to your trading arsenal.
Useful Tips
- Test on Demo Accounts: Before going live, test the robot on demo accounts to understand its behavior and settings.
- Manage Your Funds: Only trade with capital you can afford to lose and regularly withdraw your earnings.
- Monitor Performance: Keep an eye on the robot’s performance and adjust settings as needed.
For more information and to observe the trading results, visit Forexroboteasy.com or download example source codes from easytradingforum.com.
VR Lollipop MT5
forexroboteasy.com
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