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oversold condition SOXL
Today’s Change

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About

Sits in cash-like T‑Bills until both semiconductors (SOXL) and the broader tech market (QQQ) look severely sold off by a 10‑day RSI. Only then moves 100% into the 3x semiconductor fund to try to catch a bounce; otherwise stays in BIL.
NutHow it works
Plain English: RSI is a 0–100 gauge of recent price speed; near 30 means a sharp selloff. Tickers: SOXL = 3x semiconductor stocks (very risky). QQQ = Nasdaq‑100 (big tech). BIL = short‑term T‑Bills (cash‑like). Each day: If 10‑day RSI of SOXL < 29 AND QQQ < 32, put 100% in SOXL. Otherwise keep 100% in BIL. Recheck daily and switch as needed.
CheckmarkValue prop
RSI-driven dip-buy into semis (SOXL) with tech confirmation, mostly in cash (BIL). Out-of-sample: 33.6% annualized return vs 23.1% for the S&P; Calmar ~1.21—stronger risk-adjusted upside with disciplined risk controls and daily rebalancing.
1M
3M
6M
YTD
1Y
3Y
Max
Performance
Compared to selected benchmarks
Alpha
Beta
R2
R
0.16
0.45
0.1
0.32
Performance Metrics
Cumulative Return
Annualized Return
Trailing 1M Return
Trailing 3M Return
Sharpe Ratio
655.33%
13.81%
0.19%
3.76%
0.84
2,004.37%
21.53%
0.31%
1%
0.91
Initial Investment
$10,000.00
Final Value
$210,436.90
Regulatory Fees
$271.57
Total Slippage
$1,084.79
Invest in this strategy
OOS Start Date
Aug 5, 2024
Trading Setting
Daily
Type
Stocks
Category
Mean reversion, rsi, leveraged etfs, semiconductors, tactical, market timing, cash/t-bills
Tickers in this symphonyThis symphony trades 0 assets in total
Ticker
Type