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Symphonies
TQQQ Checks
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, all‑in switch between TQQQ (+3x Nasdaq‑100) and SQQQ (−3x) based on two checks: price vs 20‑day average (trend) and RSI (heat). Mostly long in uptrends, short in downtrends; flips at extreme overbought/oversold. High risk.
NutHow it works
Daily it puts 100% in one of two Nasdaq‑100 funds: TQQQ (~+3x each day) or SQQQ (~−3x). 1) Trend: if TQQQ is above its 20‑day average, that’s an uptrend; else downtrend. 2) Heat (RSI = 0–100 speed gauge): >80 overheated; ≤30 washed‑out. Uptrend → TQQQ, unless overheated → SQQQ. Downtrend → SQQQ, unless washed‑out → TQQQ. Rebalanced daily. Very volatile.
CheckmarkValue prop
Out-of-sample, this strategy delivers higher growth than the S&P 500: about 37% annualized vs 24%, with positive alpha and a Calmar around 0.76. Nasdaq-100 exposure offers clear upside, with manageable drawdowns.

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Invest in this strategy
OOS Start Date
Nov 30, 2023
Trading Setting
Daily
Type
Stocks
Category
Nasdaq-100, leveraged etfs, trend + rsi, tactical rotation, daily rebalancing, long/short
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.

"TQQQ Checks" is currently performing the same as yesterday today. Performance updates in real time during market hours.

"TQQQ Checks" is currently allocated toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, "TQQQ Checks" has returned 37.26%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "TQQQ Checks" is 49.31%. 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 "TQQQ Checks", 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.