VR Lollipop Version : 23.72 EA MT5

In today’s dynamic forex markets, traders need tools that can both capture trending moves and protect capital from sudden reversals. VR Lollipop EA version 23.72 for MetaTrader 5 is designed precisely to meet these demands. Building on its MT4 predecessor, this MT5-optimized release leverages the platform’s enhanced execution speed, expanded timeframes, and advanced MQL5 capabilities to deliver even more precise floating-trailing, cycle-based trade management, and paired position strategies. Whether you trade majors, crosses, or exotic FX pairs, VR Lollipop EA v23.72 MT5 automates the entire process—from opening dual trades to moving stop losses to breakeven—so you can focus on overall portfolio performance rather than micromanaging individual orders.

In this 1,500-word deep dive, we’ll examine VR Lollipop’s core technologies, step through its MT5-specific settings, outline installation and demo testing procedures, review performance metrics, and share best-practice tips for maximizing your edge with this cutting-edge expert advisor.

Overview & Key Features

VR Lollipop v23.72 MT5 continues to stand out through three hallmark features:

Percentage-Based Floating Trailing: Rather than a static number of points, stop-loss distances adjust dynamically as a percentage of price movement—minimizing premature stop-outs during minor pullbacks.
Cycle-Driven Position Management: Trades execute in clearly defined cycles: opening paired buys/sells, closing the counter-trend leg once a profit threshold is met, and shifting the remaining position’s stop loss to breakeven. A new cycle only begins when all positions are either locked to breakeven or closed for profit.
Paired Entry Strategy: By simultaneously opening opposing orders, VR Lollipop EA guarantees participation regardless of initial trend direction. As the algorithm detects the dominant market bias, it closes the losing side and lets the profitable leg run under breakeven protection.

Building on these innovations, version 23.72 also offers:

MT5-Native Event Handling: Faster tick updates and access to additional order types (pending limit and stop orders) for more precise entry placement.
Improved Memory Management: Optimized MQL5 code reduces CPU load on busy multi-currency portfolios.
Extended Timeframe Compatibility: From M1 through Monthly charts, allowing you to tailor cycle frequency to your trading style.

Unique Technologies in VR Lollipop EA v23.72

Floating Trailing Stop (Percentage Mode)

Traditional trailing stops often use a fixed point distance that can be too tight in volatile conditions or too loose in calm markets. VR Lollipop MT5’s floating trailing calculates stop-loss shifts based on the percentage change from your entry price. For example, with a 0.3% trailing setting on a EURUSD buy at 1.1000, the EA only moves your SL up once price exceeds 1.1033. This adaptive method helps positions remain open through chop and only locks in profits once the trend has demonstrated real strength.

Breakeven Transfer & Safe Mode

As soon as a position reaches your preconfigured breakeven threshold (e.g., 15 points), VR Lollipop instantly relocates its stop loss to the exact entry price. This “safe mode” ensures you cannot lose on that position—even if the market reverses sharply—freeing you to let winners run without fear.

Cycle-Based Trading Logic

VR Lollipop breaks its activity into repeated cycles:

Dual Launch: Opens both buy and sell trades at calculated price offsets.
Trend Discrimination: Continuously evaluates which leg aligns with the prevailing price movement.
Counter-Trend Closure: Closes the losing side at a small guaranteed profit.
Breakeven Activation: Shifts SL to breakeven on the remaining position once it hits your breakeven setting.
Cycle Reset: Waits for both positions to be safe or closed before initiating a new cycle on the next eligible bar or tick.

This disciplined approach captures trending runs while automatically minimizing downside risk.

Paired Positions & MT5 Advantages

On MT5, VR Lollipop leverages advanced order types to optimize paired strategies:

Pending Limit Entries: Place buy-limit and sell-limit orders at precomputed offsets, ensuring you enter near local support/resistance without repeated manual adjustments.
Instant Execution Safeguards: Built-in slippage controls and spread filters prevent accidental execution during news spikes or illiquid sessions.
Multi-Symbol Portfolio Support: In MT5’s strategy tester, you can backtest across multiple correlated pairs simultaneously—ideal for hedged cycle experiments or basket trading.

By capitalizing on MT5’s expanded feature set, VR Lollipop v23.72 MT5 offers smoother entries, more reliable backtests, and reduced execution lag.

MT5-Specific Settings & Market Adaptation

While many inputs mirror the MT4 version, VR Lollipop v23.72 MT5 adds a handful of new parameters and tweaks:

Enhanced Spread Filter (Points): Define maximum allowed spread; the EA halts trading if current spread exceeds this threshold. Setting “0” disables spread filtering.
Order Type Selector: Choose between market, limit, or stop entry modes for both initial and cycle-based orders.
Volume Calculation Modes:
- Fixed Lots – specify an exact lot size (e.g., 0.01).
- Percent Balance – determine lot as a percentage of account equity.
- Equity Divisor – set a “Balance for Minimum Lot” to scale position sizes.
Cycle Distance Methods:
- Percent Change – distance as a percentage of last opened price.
- Bollinger Bands Width – space entries by the difference between bands.
- Average Bar Range – use recent bar high-low averages.
Dynamic Trailing Modes (Points & Percentage):
- Global MT5 Group Trailing – collectively move SL on all safe positions once triggered.
- Reverse-Trend Aggression – tightens stops rapidly when price begins to close-in.

Each input carries a brief tooltip in the MT5 properties window, helping you quickly understand and optimize settings for instruments ranging from EURUSD to USDTRY to XAUUSD.

Installation & Demo Testing on MetaTrader 5

Copy Files: Place VR_Lollipop_v23.72.ex5 and its accompanying .set profile files into your MT5 /MQL5/Experts and /MQL5/Presets folders, respectively.
Restart MT5: Ensure the terminal recognizes the new EA and presets.
Attach to Chart: Open your chosen currency pair or asset, select the timeframe, then drag VR Lollipop EA onto the chart.
Load Preset: Click “Load” in the EA’s inputs tab and choose the default demo profile optimized for 5‐digit brokers.
Enable Automated Trading: Confirm that “AutoTrading” is green in the MT5 toolbar.
Monitor on Demo: Run at least 100 simulated trades in MT5’s strategy tester (visual or tick mode) across H1 or H4 timeframes. Observe cycle durations, breakeven activations, and trailing stop adjustments under varied volatility conditions.

Performance Analysis & Backtesting

Backtests across EURUSD, GBPJPY, and AUDUSD on H4 from 2018–2024 show:

Win Rate: 61–68% of cycles closed profitably
Max Drawdown: 8–12% of initial balance
Profit Factor: 1.75–2.10
Sharpe Ratio: 1.5–1.8

Floating trailing consistently preserves winners during corrections, while cycle trading limits unattractive range-bound drawdowns. However, like all EAs, VR Lollipop’s past performance does not guarantee future results—forward-testing on a demo account remains essential.

Best Practices & Optimization Tips

Use ECN/Razor Accounts: Lower spreads amplify the efficiency of percentage-based trailing.
Align with Higher-Timeframe Trend: Combine VR Lollipop with a simple 200 SMA filter to confirm overarching trend direction.
Balance Lot Sizing & Drawdown Tolerance: Start with 0.5–1% equity risk per cycle; adjust “Percentage Lot” or “Balance Divisor” accordingly.
Regular Parameter Review: Market volatility changes—recalibrate “Potential Trend Size” and “Distance Value” quarterly.
Diversify Across Pairs: Run separate instances on uncorrelated pairs (e.g., EURUSD, USDCHF, USDCAD) to smooth equity curves.

Conclusion

VR Lollipop EA version 23.72 MT5 brings the future of automated trend trading to your fingertips. By harnessing floating trailing stops, cycle-based paired entries, and seamless MT5 integration, this EA empowers you to capture momentum moves while keeping risk at breakeven. Whether you’re a seasoned algorithmic trader or just starting with expert advisors, VR Lollipop offers the configurability and reliability needed to stay competitive in today’s markets. Download the demo, customize your presets, and experience firsthand how VR Lollipop v23.72 MT5 can transform your automated trading approach.

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