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Symphonies
Translating Average Length of DD on QQQ from Tradingview to Composer
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A symphony is an automated trading strategy — Learn more about symphonies here

About

A daily, single‑position market‑timer. It parks in T‑Bills when the S&P 500 trends up. When the market weakens, it flips between leveraged long/short tech (TQQQ/TECL/SQQQ) or rotates into defensive ETFs (SPHD/XLP) using oversold and short‑term trend signals.
NutHow it works
Each day: 1) If SPY (S&P 500 ETF) is above its 200‑day average (long‑term uptrend), hold BIL (T‑Bills). Else (market weak): 2) If TQQQ’s 10‑day RSI < 31 (very oversold), buy TECL (3× tech). 3) Else if QQQ 70‑day return < −15.5%, buy TQQQ (3× Nasdaq‑100). 4) Else if QQQ > 20‑day avg, buy the more oversold of SPHD (dividends) or XLP (consumer staples). 5) Else buy SQQQ (3× inverse QQQ).
CheckmarkValue prop
Out‑of‑sample, this strategy offers diversification (beta ~0.43) and solid risk‑adjusted gains (Sharpe ~0.69; Calmar ~0.82), even as it trails SPY on raw annualized return (≈19.2% vs ≈23.2%). A differentiated, lower‑correlation option for drawdown resilience.

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Invest in this strategy
OOS Start Date
Dec 18, 2022
Trading Setting
Daily
Type
Stocks
Category
Tactical allocation, market timing, leveraged etfs, trend/mean reversion, nasdaq-100, defensive rotation, daily rebalance
Tickers in this symphonyThis symphony trades 8 assets in total
Ticker
Type
BIL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Stocks
QQQ
Invesco QQQ Trust, Series 1
Stocks
SPHD
Invesco S&P 500 High Dividend Low Volatility 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
TQQQ
ProShares UltraPro QQQ
Stocks
XLP
State Street Consumer Staples Select Sector SPDR ETF
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 toBIL. Holdings automatically adjust as market conditions change based on the strategy's rules.

Year-to-date, the symphony has returned 24.31%. You can adjust the performance chart above to view returns across different time horizons.

The maximum drawdown for the symphony is 23.49%. 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.