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

About

An aggressive timing strategy that uses bitcoin’s recent trend to decide whether to bet hard on the S&P 500 going up, bet against it, or sit safely in short-term Treasury bills.
NutHow it works
This strategy watches BITO, a fund tied to bitcoin, and uses it like a mood gauge for the market. If bitcoin has risen over the last 5 trading days, it usually bets against the S&P 500 using SPXU, a fund that rises when the market falls. But if stocks look weaker than short-term government bonds, it plays it safer and moves into BIL, a cash-like Treasury fund. If bitcoin has not risen over the last 5 days, it checks the last 21 days. If bitcoin is still up over that longer period, it bets on the S&P 500 rising using UPRO. If not, it stays in BIL.
CheckmarkValue prop
Out-of-sample edge: ~25.3% annualized return vs ~21.7% for SPY, with Calmar ~1.15 indicating solid risk-adjusted gains. Uses Bitcoin-signal timing for bigger upside, but involves higher drawdown (~21.9%).
1M
3M
6M
YTD
1Y
3Y
Max
Performance
Compared to selected benchmarks
AlphaBetaR2R
0.44-0.290.03-0.17
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
74.48%12.01%-1.22%2.47%0.74
472.06%42.66%-2.65%23.92%1.33
Initial Investment
$10,000.00
Final Value
$57,206.24
Regulatory Fees
$235.25
Total Slippage
$1,978.15
Invest in this strategy
OOS Start Date
Nov 15, 2023
Trading Setting
Threshold 10%
Type
Stocks
Category
Market timing, tactical asset allocation, leveraged equity, inverse equity, bitcoin signal, risk-off/cash
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 25.23%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for " Bitcoin signal | RSI Check" is 21.88%. 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.

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