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Symphonies
SOXL RSI Strategy with 200MA Check
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily switches between a cash-like T-bill fund (BIL) and a 3x semiconductor fund (SOXL). It only buys SOXL when SOXL is below its 200-day trend and consumer-staples momentum (XLP’s RSI) is very strong; otherwise it stays in BIL.
NutHow it works
SOXL = 3x daily semiconductor fund (very volatile). BIL = T-bill/cash fund. XLP = consumer-staples fund. RSI(10) is a 0–100 speed-of-rise score; >77 = very strong. 200-day avg = long-term trend line. - Each day: If SOXL is below its 200-day avg, then buy SOXL only when XLP’s RSI(10) > 77; otherwise hold BIL. If SOXL is above its 200-day avg, hold BIL. Rebalance daily.
CheckmarkValue prop
Low-correlation, risk-managed strategy: mostly cash (BIL) with rare, tightly-filtered SOXL bets. In out-of-sample, drawdown ~6.6% vs SPY ~18.8%, near-zero SPX beta, offering diversification and downside protection, though upside may be limited.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
-0.010.0100.05
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
610.56%14.04%1.2%6.23%0.85
SOXL RSI Strategy with 200MA Check
-13.12%-0.94%0.34%0.97%-0.21
Initial Investment
$10,000.00
Final Value
$8,688.49
Regulatory Fees
$2.29
Total Slippage
$15.03
Invest in this strategy
OOS Start Date
Aug 27, 2024
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, leveraged etf, momentum/rsi filter, 200-day trend filter, risk-on/risk-off, daily rebalance
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.

"SOXL RSI Strategy with 200MA Check" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"SOXL RSI Strategy with 200MA Check" is currently allocated toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "SOXL RSI Strategy with 200MA Check" has returned -1.17%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "SOXL RSI Strategy with 200MA Check" is 6.61%. 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 "SOXL RSI Strategy with 200MA Check", 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.