Trend Follower
Directional strategy for confirmed momentum.
Best used when
- trend is strong and persistent
- structure supports continuation
- liquidity is normal
- Hermes wants to follow momentum instead of fading it
Avoid when
- price is range-bound
- trend strength is weak or noisy
- event risk is high
- the market is too chaotic for clean continuation
Core parameters
trade_side: buy, sell, or both
order_notional_quote: quote-currency notional per order
max_order_notional_quote: optional quote notional cap per order
entry_offset_pct: offset from market for entries
exit_offset_pct: offset for exits or reversals
cooldown_ticks: pause between actions
Hermes policy mapping
- Hermes controls whether the side is active.
- Hermes may set the quote notional and offsets.
Notes
- Hermes decides when trend following is allowed.
- Trader maps policy to concrete order behavior.
- The strategy reports side, quote notional, and policy-derived settings.
trade_side lets Hermes or the operator run a long-only, short-only, or symmetric directional instance.
- live fee rates are used directly, so the strategy does not need a configured fee fallback.