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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 switch between TQQQ (3x long Nasdaq‑100) and SQQQ (3x inverse) using a 20‑day trend filter and an RSI “heat gauge.” In uptrends it stays long unless extremely hot; in downtrends it stays short unless deeply oversold.
NutHow it works
Each day it checks TQQQ’s price vs its 20‑day average to label trend (above = uptrend; below = downtrend). It then uses RSI(14), a 0–100 “heat gauge” of recent buying/selling (>80 very hot; ≤30 very cold). - Uptrend: hold TQQQ unless RSI>80, then hold SQQQ. - Downtrend: hold SQQQ unless RSI≤30, then hold TQQQ. 100% in one ETF; rechecked daily.
CheckmarkValue prop
Out-of-sample edge: 27.7% annual return vs SPY's 23.4%, driven by Nasdaq-100 tilt and daily switching. Higher upside but larger drawdowns and lower risk-adjusted Sharpe (~0.70 vs ~1.39). Best for growth-focused, risk-tolerant investors.
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade
Performance
Compared to selected benchmarks
AlphaBetaR2R
SPY
0.52-0.70.04-0.2
Performance Metrics
Cumulative ReturnAnnualized ReturnTrailing 1M ReturnTrailing 3M ReturnSharpe Ratio
SPY
691.05%13.84%-0.15%0.4%0.84
TQQQ Checks
3,757.4%25.73%-9.35%-23.94%0.68
Initial Investment
$10,000.00
Final Value
$385,739.96
Regulatory Fees
$1,794.47
Total Slippage
$9,163.42
Invest in this strategy
OOS Start Date
Nov 30, 2023
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs, nasdaq-100, momentum, mean reversion, rsi, moving average, daily rebalance, long/short
Tickers in this symphonyThis symphony trades 2 assets in total
Ticker
Type
SQQQ
ProShares UltraPro Short QQQ
Stocks
TQQQ
ProShares UltraPro QQQ
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.

"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 17.47%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for "TQQQ Checks" is 50.12%. 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, and options.