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Product Published or Updated on August 25, 2024

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Description

VR Lollipop EA V24.041 – Your Ultimate Solution for Automated Forex Trading

The VR Lollipop EA V24.041 is a cutting-edge robo trader designed for MetaTrader 4. It offers a sophisticated yet easy-to-use approach to Forex trading. Moreover, this Expert Advisor combines trend-following strategies, dynamic trailing stops, and advanced position management. As a result, traders can capture market trends and manage risks with precision. Whether you’re just starting out or already experienced, this powerful Forex trading tool is essential for success in trading.

Innovative Strategies in Automated Forex Trading

First and foremost, this EA employs a powerful trend-following strategy that sets it apart from other automated trading systems. Furthermore, the VR Lollipop EA enters the market with two positions simultaneously—one to buy and another to sell. This approach ensures it effectively captures trend movements. As the price progresses, the robot adjusts these positions, moving them into a no-loss zone. Because of this dual-directional strategy, the EA remains profitable regardless of market conditions. Consequently, it becomes an invaluable asset for traders aiming to capitalize on trends in Forex trading.

Effective Position Management

One of the key features of this EA is its advanced position management. After the initial positions move to a no-loss zone, the EA opens new positions based on user-defined settings. Additionally, it dynamically adjusts lot sizes and repeats this strategy over multiple cycles. This process helps in accumulating profitable positions. Therefore, the dynamic management provided by the VR Lollipop EA ensures that traders can maximize profits while minimizing risks in Forex trading.

Advanced Trailing Stop Mechanism

The VR Lollipop EA includes a sophisticated dynamic trailing stop mechanism, which is far more refined than traditional trailing stops. This feature adjusts the stop-loss for each position individually, using a percentage-based formula. Consequently, this approach prevents premature closure of positions during minor market pullbacks. As a result, traders using this automated trading system can accumulate a larger number of profitable positions. Ultimately, this advanced trailing stop is essential for achieving success in volatile market conditions.

Customizable Settings for Tailored Forex Trading

Moreover, this powerful tool offers a wide range of customizable settings, giving traders the ability to tailor the operation to their specific needs in Forex trading. For example, you can adjust lot sizes and select different types of trailing stops. This flexibility allows you to optimize performance. Furthermore, the VR Lollipop EA includes experimental functions and balance management features, providing greater control for advanced users in the Forex market.

Risk Mitigation and Manual Control in Automated Trading

Although the EA is designed to operate autonomously, it also allows for manual intervention when necessary. For instance, traders can manually close positions with stop-losses moved to the breakeven zone. However, it is generally recommended to let the VR Lollipop EA manage positions for maximum profit. To further reduce risks, it is advisable to test this tool on demo accounts before live trading. Additionally, regularly withdrawing profits can help secure gains in the Forex market.

Comprehensive Specifications for Traders

The VR Lollipop EA V24.041 is designed for outstanding performance across various trading pairs and timeframes. Below, you will find a summary of the key specifications and recommendations for using this powerful Forex trading tool effectively.

Specification Details
Trading Pairs AUDNZD, NZDCHF, AUDJPY, EURNZD, CHFJPY, AUDCAD, EURUSD, CADJPY, EURAUD, NZDCAD, NZDJPY, EURJPY, USDCAD, XAUUSD
Timeframe M15, M30, H1, H4 (M15 recommended)
Minimum Deposit $100 in Cent Account (10000 cents), $800 in Standard Accounts
Leverage Minimum 1:30
Brokers Any broker, ECN account recommended with low spreads
Account Currency USD, EUR

Forex trading strategy

Forex trading trends

Trailing stop mechanism

Position management

Customizable trading settings

Trade management features

Profit maximization

Important Links Details
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Brand

EA MT4

Refund

Refund and Replacement Policy

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1. Digital Product Nature: Our products are exclusively digital, encompassing downloadable software, e-books, templates, and other digital content. As these products are intangible and delivered electronically, physical returns are not applicable.

2. Refund Eligibility: Given the inherent nature of digital products, standard refunds are generally not offered post-purchase. We encourage you to thoroughly review the product description, features, and compatibility information before making a purchase decision.

3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.

4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.

5. Technical Issues: If you face technical challenges hindering your access to or use of the purchased digital product, please reach out to our Customer Support team for assistance. We are dedicated to resolving technical issues promptly to ensure your satisfaction.

6. Refund Process: If a refund is approved due to a verified product defect, we will process it using the original payment method. Refunds may take 1-3 days to reflect in your account.

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Install

The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).

This is the easiest type of installation for Expert Advisors.

This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.

Copy the EA folder content from your product to the EA folder of your MT4 installation.

 

Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.

Responsability

Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.

Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.

Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.

A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.

Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.

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1 review for VR LOLLIPOP EA V24.041

  1. admin (store manager)

    Great EA, recommended

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