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Symphonies
Bitcoin & Fren
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily crypto‑timing plan. It uses a simple “heat” gauge on BITO to switch between Bitcoin ETFs (BITO/BITX) and T‑bills (BIL). If momentum is strong but not extreme, it splits 50/50 between the 10‑day winner and 4‑day laggard; if too hot, it half‑parks in cash.
NutHow it works
Each day we read a 0–100 “heat” gauge (RSI) on BITO (a 1× Bitcoin‑futures ETF). - If heat ≤50: go to BIL (T‑bills). - If heat >50: risk‑on. • If very hot (>79): 50% BITO, 50% BIL. • Else: hold two slots, 50/50: (1) the better 10‑day performer of BITO or BITX (a 2× Bitcoin‑futures ETF), and (2) the weaker 4‑day performer of the same pair. Rebalanced daily.
CheckmarkValue prop
Out-of-sample: ~19.94% annualized return vs S&P 500 ~19.41%. Real-time risk control via a heat gauge shifts to BIL in weak or overheated crypto regimes. Slightly higher returns, but notably larger drawdowns in stress—best for crypto exposure with risk management.

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Invest in this strategy
OOS Start Date
Mar 4, 2024
Trading Setting
Daily
Type
Stocks
Category
Crypto, bitcoin, tactical allocation, momentum, mean reversion, trend following, leveraged etfs, risk management, futures-based etfs, t-bills
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type

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 & Fren" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Bitcoin & Fren" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Bitcoin & Fren" has returned 19.94%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Bitcoin & Fren" is 37.06%. 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 & Fren", 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.