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Symphonies
Scaled In Dip Buys 2x
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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: 25.7% annual return vs SPY 21.4%, 10.5% max drawdown vs 18.8%, Sharpe ~1.34 vs 1.32, Calmar ~2.46, beta ~0.94. Higher risk-adjusted upside with lower drawdowns than the S&P 500.

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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 0 assets in total
Ticker
Type

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 25.71%. 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.