A daily, rule-based momentum strategy using QQQ, TLT, GLD, and BIL to target a 45-45-10 mix, tilted by 3-day momentum signals with a cash hedge and gold/bonds diversification.

- Each day, compute the 3-day momentum (average daily return) for QQQ, TLT, and GLD. - Start with a cash-specified wrapper and decide how to allocate across two main risk assets and a cash sleeve. - If QQQ’s 3-day momentum is negative, the engine follows a path that typically leans toward risk-off or cash (using BIL as the cash proxy) and may tilt between TLT or GLD depending on secondary signals. - If QQQ’s momentum is not negative, the strategy checks TLT’s momentum against a threshold and then GLD’s momentum against another threshold. Depending on those outcomes, it assigns 45% to one asset and 45% to another, with 10% placed in BIL (cash) in certain branches. - The weights (often 45/45/10) are applied across QQQ, TLT, GLD, and BIL depending on which branch of the decision tree is active. - Rebalance happens daily, so the chosen mix is adjusted each day based on the latest momentum signals. - In short: measure short-term performance, select two primary assets to hold with most weight, hedge or diversify with GLD when signals favor it, and keep a cash sleeve via BIL for liquidity and drawdown control.

Out-of-sample performance beats the S&P 500: higher risk-adjusted return (Sharpe ~1.08 vs ~0.83), smaller drawdowns (13.2% vs 22.1%), and higher annualized return (~17.8% vs ~14%). A momentum-driven, diversified, cash-hedged strategy.