Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
Symphonies
⚞(⦾.⦾)⚟ | Yet Another $SOXX RSI Machine
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily semiconductor strategy that buys SOXL (3x bull) when SOXX isn’t “overheated” and switches to SOXS (3x bear) after big pops or extreme RSI heat. Pure chips exposure; very high volatility and risk.
NutHow it works
It trades the chip sector daily using SOXL (3x up) or SOXS (3x down). Signals come from SOXX, a broad chip-stock fund. RSI is a 0–100 “heat meter”: high = price ran up fast; low = cooled off. If SOXX looks very hot (RSI3 ≥87) or after a big pop (+2.5% day with short‑term heat), it flips to SOXS; otherwise it holds SOXL. If no big pop but 10‑day heat is high, it uses SOXS; else SOXL. Uses 3x ETFs (very volatile).
CheckmarkValue prop
RSI-driven, 3x-levered semiconductor strategy targeting chip mean reversion. Out-of-sample: ~13.2% annualized with ~82.6% max drawdown vs S&P ~16.2% annualized with ~18.8% drawdown. Best as a satellite sleeve, not core.

Loading backtest data...

Invest in this strategy
OOS Start Date
Oct 16, 2024
Trading Setting
Daily
Type
Stocks
Category
Semiconductors, rsi signals, mean reversion, leveraged etfs (3x), tactical daily, long/short
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 toSOXS. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "⚞(⦾.⦾)⚟ | Yet Another $SOXX RSI Machine" has returned 13.19%. 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, crypto, and options.