A daily RSI-driven switch between two leveraged equity bets (GDXU for gold miners vs. SPYU for large-cap US stocks), with an inverse-vol weighting concept. If RSI SBND(10) < RSI HIBL(9), go all-in on GDXU; else go all-in on SPYU. High-risk, short-term oriented.

How it works for a layperson: - The system runs every day and decides between two bets: a bet on gold miners (GDXU) or a bet on big US companies (SPYU). - It uses RSI, a simple momentum measure, on two reference tickers (SBND and HIBL). RSI tells you if a move has been strong recently; in simple terms, it’s a gauge of price strength and whether a move might continue or pause. - The exact rule: compute RSI for SBND over 10 days and RSI for HIBL over 9 days. If the SBND RSI is lower than the HIBL RSI, the system spends the day in GDXU (gold miners bet). If not, it goes into SPYU (S&P 500 bet). - Rebalancing is daily, so the position can change every day based on that rule. The wrapper mentions inverse-volatility weighting, which would normally reduce exposure when recent volatility is high and increase it when volatility is low; however, the code shown assigns full exposure to the chosen instrument (100%), so the practical daily action is a clean switch between two leveraged bets with a single asset exposure each day. - Why leverage? GDXU and SPYU are leveraged instruments meant to magnify daily moves. They offer the potential for big short-term gains but also big short-term losses. They’re designed for tactical trading rather than long-term investing and come with compounding risks in volatile markets. - In short: the strategy tries to ride momentum by switching between two highly leveraged bets every day, based on a relative strength check between two momentum signals, while attempting to dampen risk with a volatility-based weighting idea that isn’t fully realized in the shown allocation.

Out-of-sample, this RSI-driven switch between leveraged bets shows extreme annualized returns (~1457% vs SPY ~109%), with Sharpe close to SPY’s (~24 vs ~25) and similar volatility. A momentum-based path to outsized upside versus the S&P 500.