Let’s be real… trading manually in fast-moving forex markets can drive you nuts. You enter too late, exit too early, or freeze when price reverses. Sound familiar? Well, VR Lollipop V 23.72 EA for MT5 is here to help. This intelligent expert advisor isn't just another trend bot—it’s built with a layered strategy that adapts to price action and market behavior.


VR Lollipop is engineered for MetaTrader 5 and excels in capturing profitable trends, gradually building positions while smartly managing risk. The EA’s standout feature? It automatically shifts your positions into a “safe zone” using breakeven logic. That means: once your trade moves into profit, the robot secures your entry so you don’t lose even if price turns against you. Pretty sweet, right?


Let’s dig in and break down why VR Lollipop V 23.72 could be your next go-to MT5 expert advisor.



Overview: What is VR Lollipop EA V 23.72?


VR Lollipop is a trend-following and grid-based EA that opens paired trades and manages them based on market direction. Unlike most grid EAs that just pile on trades blindly, this one uses cycle logic. It waits for confirmation before initiating the next cycle—meaning you’re not overexposed in choppy markets.


Here’s the flow in plain English:




  • Opens two opposing positions (hedging).




  • Detects market trend.




  • Closes the losing side, rides the trend with the other.




  • As the trend continues, it increases position sizes with safety nets.




  • Moves trades to breakeven.




  • Exits with defined profit or restarts cycle once risk is cleared.




And don’t worry—you're not flying blind. The EA gives you full control over lot size, risk behavior, trailing stops, spread limits, notifications, and more.



Key Features of VR Lollipop V 23.72 MT5




  • Trend-Based Position Scaling – The EA adds to profitable positions as trends strengthen.




  • Breakeven Automation – All trades are shifted to breakeven after a profit threshold, reducing loss risk.




  • Paired Entry System – Opens a buy and sell at the start of a cycle to hedge initial volatility.




  • Floating Trailing Stop – Uses % of price rather than fixed pip size, preventing premature exits.




  • Cycle-Based Logic – New trades are only triggered once prior cycle closes profitably or enters safe mode.




  • Multiple Distance Modes – Choose from percentage, Bollinger Bands, average bar size, or fixed points for entry spacing.




  • Full Lot Control – Use fixed, percentage, or equity-ratio based lot sizing.




  • Custom Notifications – Push alerts via MetaTrader terminal, phone, email, or Telegram.




  • Dynamic Trailing – Trail your SL based on trend size for optimal lock-in during momentum.




  • Safe Mode Exit – EA stops all trades if max profit/loss thresholds are hit.




  • Supports Multi-Broker Environment – Works with any MT5 broker with proper spread/latency.




  • Optimized for 5-Digit Brokers – All values and inputs are designed for high-precision price feeds.






 


How It Works: Trade Cycles, Trailing, and Smart Exits


Trading Cycle:
VR Lollipop doesn’t go on a wild trade spree. Each “cycle” begins when all previous trades are either closed or safely breakeven. This creates clear segmentation in trading phases—enter, manage, exit, reset.


Breakeven Lock:
Once a trade reaches the breakeven point plus a buffer (e.g., 10 points), the EA moves the SL to entry. This lets you ride trends without stressing about sudden reversals.


Floating Trailing Logic:
The EA’s stop-loss trails dynamically—not with fixed values but as a percentage of trend movement. That means the SL tightens only when price confirms a strong directional move.


Distance Modes:
You can configure how the EA calculates distance between trades:




  • Fixed point spacing




  • % distance from previous entry




  • Bollinger Bands width




  • Average candle size




  • Or a dynamic multiplier based on open trades




This lets you fine-tune the EA for scalping, swing, or hybrid approaches.




 


Best Settings & Inputs You Can Control


Here’s a quick glance at some adjustable inputs (you’ll find all of these in the Inputs tab on MT5):


✅ Trading Settings:




  • Max Spread: pause trades during high-spread times




  • Slippage Control: ensures orders execute close to intended price




  • Magic Number: keeps positions separate if running multiple EAs




✅ Lot Management:




  • Fixed Lot or % of Balance




  • Initial Lot for Entry




  • Lot Multiplier (1.1 to 2.0 recommended for scaling)




  • Lot Reduction for Trend Trades




  • Minimum Trend Lot: floor value so EA doesn’t undertrade




✅ Profit Logic:




  • Profit to the Plus (Points): minimum gain before closing cycle




  • Distance Type: set entry spacing logic




  • Distance Multiplier for Reverse Trades




  • Bollinger Bands Difference, Average Bar Size: dynamic entry tools




✅ Trailing Stop Options:




  • Dynamic Mode: SL shifts based on trend intensity




  • Global Trailing: applies grouped SLs across all trades




  • Reversal Mode: trails SL aggressively on price reversal




  • Max % Trailing Stop: control how tight your trailing is




  • Trend Size Input: helps EA gauge how big a trend might be




✅ Notifications & UI:




  • Smartphone Push




  • Terminal Alerts




  • Email Updates




  • Telegram Integration (via bot token)




  • Dashboard Size Control




✅ Risk/Exit Management:




  • Total Profit/Loss Close: e.g., close all if +$100 or -$50




  • After-Close Behavior: continue or stop trading after exit




  • Commentary Control: helpful for trade audits and logs





Installation & Setup (Quick Guide)




  1. Download the EA – Make sure you get the .ex5 file for MetaTrader 5.




  2. Copy Files – Paste into: MQL5 > Experts directory in your MT5 terminal folder.




  3. Restart MT5 – Refresh Expert Advisor list.




  4. Attach to Chart – Pick your symbol (e.g., XAUUSD, EURUSD), attach VR Lollipop EA.




  5. Adjust Settings – Open Inputs tab, tweak parameters as needed (or use default presets).




  6. Enable Algo Trading – Green button in MT5 must be on.




Pro Tip: Start on a demo account. Test how the EA reacts to live price action during news, trends, and flat markets. Once confident, go live with conservative lot sizes.



Ideal Market Conditions for VR Lollipop EA


This EA thrives in moderate to strong trending markets, especially:




  • Gold (XAUUSD)




  • EURUSD




  • GBPUSD




  • USDJPY




Avoid choppy sessions or low-volume periods unless you've dialed in distance/timing settings. For best results:




  • Use ECN or RAW spread accounts.




  • Keep latency low (VPS recommended).




  • Avoid Friday evening or Sunday open trades.





Pros & Cons


Pros




  • Excellent risk control via breakeven & trailing stops




  • Highly customizable for any market




  • Hedging system reduces early losses




  • Adaptive scaling in both directions




  • Telegram & mobile alerts built-in




Cons




  • Slight learning curve for full optimization




  • Might underperform in tight-range markets




  • Needs broker with low spreads and fast execution





Final Thoughts: Is VR Lollipop Worth It?


Absolutely—VR Lollipop V 23.72 EA for MT5 is a trend-follower’s dream with extra safety. It’s not just another grid bot. It’s strategic. It waits. It protects your trades. And it’s fully customizable.


If you're looking for a free forex EA that takes the emotion out of trading and follows a consistent plan every time, VR Lollipop is definitely worth demo testing.


And remember… always test before going live.