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Symphonies
Gold FTLT
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, gold-only strategy that flips between UGL (2x long) and GLL (-2x short) using trend filters and an overbought/oversold gauge. Long in uptrends except when too hot; short in downtrends unless oversold.
NutHow it works
Each day it looks only at gold. It compares moving averages (50 vs 200 days; then 20 vs 50; then 5 vs 10) to label the trend. It uses RSI, a 0–100 gauge of how overheated (high) or washed‑out (low) price is. Actions: hold UGL (2x long gold) when trend is up or gold is oversold; switch to GLL (-2x short gold) when gold gets too hot (~RSI 60–100) or in downtrends unless it’s deeply oversold (~<30). Rebalanced daily.
CheckmarkValue prop
Out-of-sample tests suggest this gold-only, trend-following strategy outperforms the S&P 500 on a risk-adjusted basis by riding durable gold moves with disciplined daily rebalancing and 2x long/short exposure, a single-asset, rules-based edge with defined risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.390.0900.05
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
742.38%13.82%-1.77%0.2%0.84
Gold FTLT
29,695.17%41.35%4.06%59.76%1.22
Initial Investment
$10,000.00
Final Value
$2,979,516.67
Regulatory Fees
$2,052.37
Total Slippage
$11,991.94
Invest in this strategy
OOS Start Date
Feb 12, 2025
Trading Setting
Daily
Type
Stocks
Category
Gold, commodities, leveraged etfs, trend-following, mean reversion, daily, tactical
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
GLL
ProShares UltraShort Gold
Stocks
UGL
ProShares Ultra Gold
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.

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

"Gold FTLT" is currently allocated toUGL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Gold FTLT" has returned 212.16%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Gold FTLT" is 19.62%. 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 "Gold FTLT", 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.