VR Lollipop EA – A Comprehensive Review
The VR Lollipop EA is an expert advisor designed for the popular MetaTrader 4 and MetaTrader 5 trading platforms. This automated trading system aims to generate consistent profits by trading along the trend.
In this comprehensive review, we will analyze the VR Lollipop EA in detail, including:
- Overview and features
- Trading strategy
- Performance and backtests
- Pros and cons
We will also showcase examples of the EA’s trades and provide our final verdict on this trading robot.
Overview and Features
The VR Lollipop EA was developed by Vladimir Pastushak, a well-known forex algorithmic trader. The first version launched back in 2016 and the EA has gone through over 20 updates to refine and improve its performance.
Some key features offered by the VR Lollipop trading robot include:
- Compatibility – Works seamlessly on both MT4 and MT5 platforms
- Flexible settings – Multiple adjustable input parameters to customize trades
- Detailed backtests – Historical testing reports available for analysis
- Regular updates – Frequent improvements from the developer
- Round-the-clock support – Assistance provided via email and Skype
Additionally, the VR Lollipop EA can trade a variety of markets beyond just forex, including cryptocurrencies, stocks, commodities, and more.
The core trading strategy of the VR Lollipop EA is based on trend following. It aims to enter trades in the direction of the trend, while utilizing protective stops and no-loss hedging to manage open positions.
Specifically, the EA operates by simultaneously opening a buy and sell position. As price moves in either direction, the EA trails one position to lock in profit, while closing the other at a small loss. By repeating this cycle, the robot accumulates multiple positions along the trend with reduced risk.
The EA calculates the overall average price of positions opened against the trend. It then compensates losses on those trades using profits from the winning trades along the trend. This mechanism allows the robot to ride out normal retracements without prematurely exiting the trend.
Performance and Backtests
Extensive backtests conducted on multiple currency pairs showcase the profit potential of the VR Lollipop EA.
According to statistics published on the product page, the robot was able to generate:
- 20% ROI in Year 1 – Impressive returns for the first year of live trading
- 40% ROI in Year 2 – Significant compounded growth in profits
These stellar results indicate the EA’s ability to extract consistent gains from the markets.
Backtest reports are also available for analysis spanning over 10 years of historical data. Here is a snapshot of a long-term backest on the EUR/USD forex pair:
EUR/USD Backtest Report
As seen above, the EA was able to amass 21,000% cumulative returns over 10 years. This equals an exceptional average yearly profit of over 2000%.
Such phenomenal backtests showcase the significant profit potential of this expert advisor.
Here are some of the main benefits of the using the VR Lollipop automated trading system:
The EA implements an intelligent trend trading approach that extracts regular gains from market swings.
Effective Risk Management
Protective stops, no-loss functions, and break-even triggers control risk on open trades.
Easy to Use
Simple installation and intuitive dashboard allows both novice and professional traders to use this robot.
Prompt and effective customer support via email and Skype ensures that trader queries are quickly resolved.
Compared to the profit potential, the VR Lollipop EA is affordably priced between $100 to $300 depending on the license type.
By leveraging these benefits, traders can compound returns in the financial markets automatically with the VR Lollipop EA.
VR Lollipop EA Pros and Cons
- Proven profitable trading strategy
- Impressive backtest results
- Compatible with MT4 and MT5
- Actively maintained and updated
- Good customer support
- Requires VPS for uninterrupted trading
- Steep learning curve for beginners
- No free trial available
VR Lollipop EA Verdict
The VR EA is a high-quality trend trading robot that leverages a solid trading strategy combined with effective risk management techniques.
Extensive backtesting and stellar live trading results showcase this EA’s ability to generate consistent profits automatically.
While the product does have a few limitations, the benefits outweigh the cons for serious traders aiming to compound returns.
Overall, Vladimir Pastushak’s VR Lollipop stands out as one of the top forex trading robots currently available in the market.
VR Lollipop EA Conclusion
The VR EA implements an intelligent approach to extract regular profits from trends across various financial markets.
Key features like no-loss hedging, break-even triggers, and trailing stops make this expert advisor unique. Top-notch performance paired with great support and affordable pricing makes this product a worthy investment.
In summary, the VR Lollipop automated trading system is capable of significantly growing trading capital over time with minimal effort.