Dip N Rip

About this strategy

Owns the Nasdaq-100 ETF and switches to a 3x leveraged version only during sharp two-day dips inside an uptrend, riding the rip back and switching out as soon as the index bounces, a bounce fails to come within six sessions, or the trend breaks.

1. Agent triggers

   The run starts daily at 15:55 ET, reading the last trading day's data. If a sharp two-day dip occurs during an uptrend, it transitions to a leveraged position.

2. Computes its signals

   It reads the Nasdaq-100 ETF to compute the 200-day average and the two-day relative strength index. Entry happens if the index is above the 200-day average with a low RSI reading.

3. Sets the target portfolio

   The agent shifts fully into the 3x leveraged fund during sharp dips, moving back to the Nasdaq-100 ETF once conditions are met. Positions refresh based on performance criteria, never holding the leveraged fund for more than six sessions.

4. Executes orders

   Your account trades toward the target, selling before buying, while staying within the platform's risk rails: stop-loss and daily loss limits you control.

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Backtests