OPEN-SOURCE SCRIPT

DRACO TOMAS EMA Trend Follower

684
🐉 DRACO TOMAS EMA Trend Follower

Description:
The DRACO TOMAS EMA Trend Follower is a simple yet powerful trend-following strategy designed to capture directional moves based on exponential moving average (EMA) crossovers. It automatically detects trend changes and manages positions dynamically.

Core Logic:

The strategy uses two EMAs — a Fast EMA (default 12) and a Slow EMA (default 21) — to identify the market trend.

When the Fast EMA crosses above the Slow EMA, the strategy opens a long position, signaling bullish momentum.

When the Fast EMA crosses below the Slow EMA, the strategy opens a short position, signaling bearish momentum.

The color of the EMAs changes dynamically: green for uptrends, red for downtrends.

Exit rules:

Longs are closed when the EMAs turn red (trend reversal to bearish).

Shorts are closed when the EMAs turn green (trend reversal to bullish).

Position Sizing:
The system uses 10% of equity per trade by default, allowing flexible risk management and compounding.

Purpose:
Designed for traders who want a clean and efficient EMA crossover system to follow trends automatically on any timeframe or asset.

Best Used For:

Swing trading and trend confirmation

Identifying major directional shifts

Testing EMA-based momentum systems

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.