Ruda Trend Strategy Combining EMA, OBV, Candle Strength, and Stops

Summary

The Ruda strategy combines a short and long exponential moving average with On-Balance Volume and candle-body size to find long entries. The described setup uses EMA lengths of 5 and 21, an OBV high over 10 days, and a candle body exceeding half the candle’s range. It aims to enter around the next day’s open and sets a stop reference to the lower of that day’s low or a price 1% below the open. It exits if price crosses the stop or closes below the short EMA.

The published settings identify BTC_USDT futures and a one-hour period for March 2024; no performance results are given. The document flags lagging signals, fixed parameters, and testing on a limited market sample as limitations. There is also a potentially material mismatch between the prose and source: the code submits a stop entry at the calculated stop price, rather than clearly implementing a next-open purchase, so execution behavior may differ from the description. The stop and exit rules warrant careful implementation and testing before conclusions about risk or results.

Key ideas

• The entry setup combines EMA trend direction, a recent OBV high, and a candle-body filter.
• The stated EMA lengths are 5 and 21, and the OBV comparison looks back 10 days.
• The described stop reference is the lower of the signal-day low and a price 1% below the open.
• The source’s stop-entry order may not match the prose’s next-day open entry.
• No performance statistics accompany the limited BTC_USDT futures test settings.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.