The FlawlessVictory strategy is a backtesting strategy designed for trading cryptocurrencies. It is based on the "Flawless Victory Strategy" developed by Robert Roman. The strategy aims to identify potential buying and selling opportunities using a combination of Bollinger Bands (BB) and Relative Strength Index (RSI) indicators.
The strategy involves the following key components:
Timeframe: The strategy is optimized for a 15-minute timeframe.
Indicators: The strategy utilizes the RSI and Bollinger Bands indicators.
The RSI is calculated based on the closing prices, with the length parameter optimized for buying and selling separately. The Bollinger Bands are calculated based on the closing prices, with the window parameter optimized for buying and selling separately. Buy Signal: The strategy generates a buy signal when the closing price is below the lower Bollinger Band and the RSI value is above a certain threshold (optimized for buying). This combination suggests a potential buying opportunity. Sell Signal: The strategy generates a sell signal when the closing price is above the upper Bollinger Band and the RSI value is above a certain threshold (optimized for selling). This combination suggests a potential selling opportunity. Optional Parameters: The strategy provides optional parameters that can be adjusted for optimization, including the RSI length, Bollinger Bands window, and RSI thresholds for buying and selling. Plotting: The strategy offers visualizations of the Bollinger Bands and RSI indicators on the chart, making it easier to analyze the signals. Please note that this is a brief description of the strategy. For detailed implementation and usage, refer to the original source or documentation.