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Symphonies
TQQQ For The Long Term (Reddit Post Link) | Replaced UVXY with BIL | Pietros Maneos |
Today’s Change
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A symphony is an automated trading strategy — Learn more about symphonies here

About

Daily, rules-based switches among 3x tech/S&P, cash-like T-bills, long Treasuries, or short tech. It follows the S&P 500’s long-term trend and short-term hot/cold readings to ride strength, buy deep dips, or step aside. High risk.
NutHow it works
RSI: 0-100 short-term 'hot/cold' gauge. Uses: TQQQ(3x Nasdaq), SQQQ(3x short Nasdaq), TECL(3x Tech), UPRO/SPXL(3x S&P), TLT(long Treasuries), BIL(T-bills). 1) If SPY > its 200-day avg (uptrend), hold TQQQ unless heat (RSI ~80+ on TQQQ/SPXL) -> BIL. 2) If SPY <= 200-day: buy sharp dips (TECL if TQQQ very cold; UPRO if SPY very cold). If not, and TQQQ < 20-day avg, pick the stronger of SQQQ or TLT; otherwise use SQQQ if very cold, else TQQQ.
CheckmarkValue prop
Out-of-sample edge: ~52% annualized return vs SPY ~19%, Calmar ~1.04. A rules-based, regime-aware mix of leveraged tech, broad market, bonds, and cash targets big upswings while dampening risk in dips. Higher drawdowns, but stronger upside.

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Invest in this strategy
OOS Start Date
Mar 4, 2024
Trading Setting
Daily
Type
Stocks
Category
Leveraged etfs, trend following, momentum (rsi), tactical allocation, risk-on/risk-off, us equities, technology, treasuries, cash
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
SPXL
Direxion Daily S&P 500 Bull 3x ETF
Stocks
SPY
State Street SPDR S&P 500 ETF Trust
Stocks
SQQQ
ProShares UltraPro Short QQQ
Stocks
TECL
Direxion Daily Technology Bull 3x ETF
Stocks
TLT
iShares 20+ Year Treasury Bond ETF
Stocks
TQQQ
ProShares UltraPro QQQ
Stocks
UPRO
ProShares UltraPro S&P 500
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.

The symphony is currently performing the same as yesterday today. Performance updates in real time during market hours.

The symphony is currently allocated toTQQQ. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 36.89%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 50.19%. 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 the symphony, 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.