Flawless Victory is a modular momentum system that blends oscillators with Bollinger Bands. Depending on the selected version it can operate with simple RSI signals, apply fixed take-profit and stop-loss targets, or demand confirmation from the Money Flow Index. The goal is to exploit exhaustion at the edges of volatility bands and ride mean-reversion swings.
Version 1 enters when RSI leaves oversold or overbought zones near the Bollinger extremes. Version 2 adds explicit risk control via percentage based targets. Version 3 requires both RSI and MFI to agree, filtering out weak reversals.
The strategy performs best on intraday markets with clear volatility boundaries.
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[][b]Entry Criteria[/b]:
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[][b]Long[/b]: see version rules (RSI <30 near lower band; version 3 also [b]MFI < 20[/b])
[][b]Short[/b]: RSI >70 near upper band (version 3 also [b]MFI > 80[/b])
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[][b]Long/Short[/b]: Both sides
[][b]Exit Criteria[/b]:
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[][b]Version 1[/b]: opposite RSI signal
[][b]Version 2[/b]: take-profit or stop-loss percentages
[][b]Version 3[/b]: opposite RSI/MFI combo
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[][b]Stops[/b]: Optional in version 2
[][b]Default Values[/b]:
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[][b]RSI_length[/b] = 14
[][b]MFI_length[/b] = 14
[][b]BBLength[/b] = 20
[][b]BBMultiplier[/b] = 2.0
[][b]TakeProfitPct[/b] = 1.5
[][b]StopLossPct[/b] = 1.0
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[][b]Filters[/b]:
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[]Category: Mean reversion
[]Direction: Both
[]Indicators: RSI, MFI, Bollinger Bands
[]Stops: Optional
[]Complexity: Medium
[]Timeframe: Short-term
[]Seasonality: No
[]Neural networks: No
[]Divergence: Yes
[*]Risk level: Medium
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