Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
Symphonies
Scaled In Dip Buys 2x
Today’s Change
—

A symphony is an automated trading strategy — Learn more about symphonies here

About

Buys Nasdaq-100 dips using a 10-day RSI: the deeper the dip, the more it buys a 2x ETF (QLD). When no dip, it holds SPY in uptrends and SHY (Treasuries) in downtrends. Rebalanced daily.
NutHow it works
Each day: 1) Is the S&P 500 (SPY) above its 200-day average? If yes = bull, no = bear. 2) Check a 10-day RSI on QQQ (a 0–100 gauge of how sold-off the Nasdaq-100 is; lower = more sold off). If RSI<30, buy more of QLD (a 2x version of QQQ) the lower it goes; the rest sits in SPY (bull) or SHY short-term Treasuries (bear). If RSI≥30, hold SPY (bull) or SHY (bear).
CheckmarkValue prop
Out-of-sample edge: 25.2% return vs SPY's 21.1%, much lower drawdown (10.5% vs 18.8%), stronger risk-adjusted metrics (Sharpe ~1.34, Calmar ~2.41). Nasdaq-100 dip-buys with trend filter beat the S&P with controlled risk.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.10.530.430.66
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
694.83%11.19%2.19%5.01%0.64
Scaled In Dip Buys 2x
1,876.66%16.5%2.19%5.05%1.05
Initial Investment
$10,000.00
Final Value
$197,665.68
Regulatory Fees
$291.66
Total Slippage
$1,603.34
Invest in this strategy
OOS Start Date
Nov 12, 2022
Trading Setting
Daily
Type
Stocks
Category
Buy-the-dip, rsi, 200-day trend filter, leveraged etfs, tactical allocation, nasdaq-100, us stocks, treasuries
Tickers in this symphonyThis symphony trades 4 assets in total
Ticker
Type
QLD
ProShares Ultra QQQ
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SHY
iShares 1-3 Year Treasury Bond ETF
Stocks
SPY
SPDR S&P 500 ETF Trust
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.

"Scaled In Dip Buys 2x" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"Scaled In Dip Buys 2x" is currently allocated toSPY. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "Scaled In Dip Buys 2x" has returned 25.20%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "Scaled In Dip Buys 2x" is 10.47%. 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 "Scaled In Dip Buys 2x", 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.