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Symphonies
⚞(⦾.⦾)⚟ | Yet Another $SOXX RSI Machine
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily switches between 3x long (SOXL) and 3x short (SOXS) semiconductors. Uses SOXX’s RSI and 1‑day move: shorts when conditions look “too hot,” otherwise stays long. Very high risk due to 3x leverage.
NutHow it works
Each day it picks a 3x bull (SOXL) or 3x bear (SOXS) fund tied to semiconductor stocks. It reads SOXX (the regular semiconductor ETF) as a thermometer: RSI (a 0–100 heat score of recent up vs down days) and yesterday’s % move. Rules: if RSI(3) ≥ 87 → bear. Else if 1‑day > +2.5%: RSI(2) ≥ 59 → bear, else bull. Else: RSI(10) > 76 → bear, else bull. 3x funds are very risky and can swing sharply.
CheckmarkValue prop
High-upside semis exposure with out-of-sample strength: ~26% annualized return vs SPY ~16%, plus solid risk-adjusted edge (Sharpe ~0.76). Note: potential for large drawdowns; suitable for risk-tolerant, satellite exposure to tech/AI cycles.

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Invest in this strategy
OOS Start Date
Oct 16, 2024
Trading Setting
Daily
Type
Stocks
Category
Semiconductors, leveraged etfs (3x), tactical long/short, momentum & mean-reversion, daily rebalanced, short-term
Tickers in this symphonyThis symphony trades 3 assets in total
Ticker
Type
SOXL
Direxion Daily Semiconductor Bull 3X Shares
Stocks
SOXS
Direxion Daily Semiconductor Bear 3X Shares
Stocks
SOXX
iShares Semiconductor ETF
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.

"⚞(⦾.⦾)⚟ | Yet Another $SOXX RSI Machine" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"⚞(⦾.⦾)⚟ | Yet Another $SOXX RSI Machine" is currently allocated toSOXL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "⚞(⦾.⦾)⚟ | Yet Another $SOXX RSI Machine" has returned 27.08%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "⚞(⦾.⦾)⚟ | Yet Another $SOXX RSI Machine" is 82.56%. 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 "⚞(⦾.⦾)⚟ | Yet Another $SOXX RSI Machine", 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.