A rule-based, RSI-driven strategy that mostly stays in cash but shifts into UVXY on extreme momentum readings, with nested risk-management steps that use leveraged equity bets or cash-like BIL depending on market signals.

What the strategy does, in simple terms: - It normally sits in cash. It watches a list of market proxies and calculates a 10-day momentum gauge (RSI) for each. If any of these momentum readings go past a very high level (RSI > 79), it shifts the whole portfolio into UVXY to bet on rising market volatility. - If none of the momentum signals hit that extreme, the strategy moves to a risk-management phase. It looks for signs of a past crash or dangerous rapid growth. If risk signals are high, it deleverages into cash-like assets (BIL). If conditions look favorable without clear risk, it may take on leveraged equity bets (like QLD or TQQQ) to pursue amplified upside, but only according to the nested rules that target specific proxies and momentum thresholds. - The rules are implemented as a long chain of IF/ELSE tests, each pointing to a single asset. The assets used primarily include UVXY for volatility, QLD/TQQQ/TECL/FAS for leveraged equity exposure, and BIL for defensive cash-like exposure. The overall asset class is equities, with a no-rebalance stance unless a node triggers a change. The intended effect is to capture volatility spikes and regime-appropriate upside while avoiding large drawdowns through conditional deleveraging.

Out-of-sample Sharpe ~1.69 vs SPY ~0.98; annualized return ~135% vs ~17%; Calmar ~3.28, max drawdown ~41%. Leveraged plays and UVXY volatility hedges deliver higher risk-adjusted upside than the S&P 500 with systematic risk controls.