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.
Entry Criteria:
Long: see version rules (RSI <30 near lower band; version 3 also MFI < 20)
Short: RSI >70 near upper band (version 3 also MFI > 80)
[]Long/Short: Both sides
[]Exit Criteria:
Version 1: opposite RSI signal
Version 2: take-profit or stop-loss percentages
Version 3: opposite RSI/MFI combo
[]Stops: Optional in version 2
[]Default Values:
RSI_length = 14
MFI_length = 14
BBLength = 20
BBMultiplier = 2.0
TakeProfitPct = 1.5
StopLossPct = 1.0
[*]Filters:
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