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Symphonies
Layer 3: Bull Market (v 1.1)
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily rules-based plan: first check the market trend, then surf between SPY and QQQ, buy dips, hedge with gold/dollar, and occasionally use volatility (UVXY). Uses a simple hot/cold gauge (RSI) to switch between aggressive and defensive modes.
NutHow it works
Daily: Is SPY above its 200‑day average (an uptrend)? - Uptrend: “Surf” between SPY and QQQ, buying the one that’s cooled more (lower RSI = a hot/cold recent‑strength gauge). After sharp drops, park in SHY or hedge with GLD/UUP; if things look too hot, briefly use UVXY (volatility). - Downtrend: Prefer the GLD/UUP hedge; UVXY only on big vol spikes; otherwise pick the safest/most washed‑out of SHY/TQQQ/SPXL. Tickers: SPY=S&P 500; QQQ=Nasdaq 100; TQQQ/SPXL=3x versions; SHY=short Treasuries; GLD=gold; UUP=US dollar; UVXY=volatility.
CheckmarkValue prop
Out-of-sample: annualized return 54.7% vs SPY's 22.0%, Sharpe 1.60 vs 1.31, Calmar 1.70. Strong upside capture with risk controls (hedges, volatility tactically) delivering superior risk-adjusted performance despite ~32% drawdown in downturns.

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Invest in this strategy
OOS Start Date
Sep 22, 2022
Trading Setting
Daily
Type
Stocks
Category
Trend-following, tactical asset allocation, momentum, volatility hedge, leveraged etfs, risk-on/risk-off, crash protection
Tickers in this symphonyThis symphony trades 9 assets in total
Ticker
Type
GLD
SPDR Gold Trust, SPDR Gold Shares
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x Shares
Stocks
SPY
SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UUP
Invesco DB US Dollar Index Bullish Fund
Stocks
UVXY
ProShares Ultra VIX Short-Term Futures ETF
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.

"Layer 3: Bull Market (v 1.1) " is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Layer 3: Bull Market (v 1.1) " is currently allocated toQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Layer 3: Bull Market (v 1.1) " has returned 54.74%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Layer 3: Bull Market (v 1.1) " is 32.11%. 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 "Layer 3: Bull Market (v 1.1) ", 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, crypto, and options.