A dynamic, rule-based strategy that combines leveraged equity bets (SPXL, TQQQ, SOXL) with volatility hedges (UVXY, SVXY, SQQQ) and cash buffers to chase gains in up markets while trying to limit losses in downturns; it rotates between Bull, Bear, and Extreme Volatility states using momentum and price signals.

In plain terms, the system watches for market states and volatility signals, then tilts between two main modes: - Bullish mode: pile into leveraged stock bets (SPXL, TQQQ, SOXL) to capture upside of a rising market. - Bearish/defensive mode: reduce risk with hedges (UVXY, SVXY, SQQQ) and cash-like buffers, to limit downside. A separate Extreme Volatility Hedge layer aggressively buys UVXY when volatility surges. The rules are nested: within each mode, it weighs momentum (how strong assets are) and price trends (moving averages, current price) to pick which ETFs to own and how much. The result is a dynamic, multi-ETF mix that shifts as signals change, aiming to ride uptrends and defend against sharp drops.

Out-of-sample shows stronger risk-adjusted gains vs the S&P: ~45.7% annualized return, Sharpe ~1.25, Calmar ~1.83, and alpha ~0.15. Hedged, dynamic bets seek upside while aiming to cap losses—though drawdowns can be larger.