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Symphonies
Bitcoin signal | RSI Check
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Times S&P 500 exposure using Bitcoin’s recent returns and a stock‑vs‑Treasury momentum check. Shorts the S&P when Bitcoin and stocks look hot; goes 3x long when Bitcoin’s month is up but its week isn’t; otherwise sits in cash-like T‑bills.
NutHow it works
BITO (a Bitcoin ETF) is the trigger. Each day: 1) If BITO’s 5‑day return > 0, compare recent momentum (RSI, a 0–100 strength score) of SPY (stocks) vs SHY (short Treasuries). If SPY’s score is lower, hold BIL (T‑bill/cash-like). Otherwise short stocks with SPXU (−3x S&P). 2) If BITO’s 5‑day return ≤ 0, check its 21‑day return. If > 0, go long stocks with UPRO (+3x S&P). Else hold BIL. Only switches when signals flip; uses volatile 3x ETFs.
CheckmarkValue prop
Out-of-sample edge: 24.7% annualized vs 23.7% for the S&P, near-zero beta, solid Calmar ~1.17, and cash hedges via BITO signals. Diversified upside with lower correlation and controlled risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.45-0.330.04-0.2
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
52.38%10.35%-2.64%-1.35%0.64
Bitcoin signal | RSI Check
378.29%44.17%0.27%7.9%1.37
Initial Investment
$10,000.00
Final Value
$47,828.99
Regulatory Fees
$228.94
Total Slippage
$1,517.52
Invest in this strategy
OOS Start Date
Nov 15, 2023
Trading Setting
Threshold 10%
Type
Stocks
Category
Crypto-signal,equity-timing,leveraged-etfs,risk-on/off,trend-momentum,market-hedging
Tickers in this symphonyThis symphony trades 6 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
BITO
ProShares Bitcoin ETF
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXU
ProShares UltraPro Short S&P 500
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
UPRO
ProShares UltraPro S&P 500
Stocks

FAQ

A Composer symphony is an automated trading strategy that executes trades based on parameters of your choice. Some symphonies are similar to holding one ETF in normal conditions and rotating to a different ETF when market conditions shift, for example a 5% drop in the S&P 500, while others use complex rules with dozens of triggers. However, complex doesn’t always mean better. A simple, well-structured symphony can be just as effective as an intricate one. Learn more about how symphonies work here.

" Bitcoin signal | RSI Check" is currently performing the same as yesterday today. Performance updates in real time during market hours.

" Bitcoin signal | RSI Check" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, " Bitcoin signal | RSI Check" has returned 23.21%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for " Bitcoin signal | RSI Check" is 21.05%. The maximum drawdown measures the largest peak-to-trough decline. It's an important metric to evaluate risk and the strategy's behavior during market stress.

To invest in " Bitcoin signal | RSI Check", simply click the Invest button on this page. You'll need to open an account with Composer if you don't have one yet, then you can start investing. Composer will automatically execute the trades for you based on the strategy's rules. Composer also supports trading individual stocks, ETFs, and options.