Public trading strategy
LQD Confirmed Range Breakdown (Short IG Credit) Strategy
Created
Thesis
Corporate bonds are usually priced as a small premium over government bonds, so when government borrowing costs surge, that premium gets stretched and corporate bonds eventually catch down. Citigroup's head of rates trading says the government bond sell-off still has room to run, and the drivers — a hot economy and $100 oil stoking inflation and rate-hike bets — aren't going away. Bloomberg's credit weekly now flags that the rate-market fear gauge is warning for corporates specifically, meaning the most resilient corner of the bond market is the one most exposed to a catch-up move. Shorting investment-grade corporate credit captures that overdue repricing without needing to pick individual companies.
Strategy approach
Corporate bonds are usually priced as a small premium over government bonds, so when government borrowing costs surge, that premium gets stretched and corporate bonds eventually catch down. Citigroup's head of rates trading says the government bond sell-off still has room to run, and the drivers — a hot economy and $100 oil stoking inflation and rate-hike bets — aren't going away. Bloomberg's credit weekly now flags that the rate-market fear gauge is warning for corporates specifically, meaning the most resilient corner of the bond market is the one most exposed to a catch-up move. Shorting investment-grade corporate credit captures that overdue repricing without needing to pick individual companies. Decision analysis profile: value. Required dimensions: valuation_method,…
Markets and timeframes
Latest published rule evaluation
Evaluated . This is a dated rule snapshot, not a live price or trade execution confirmation.
IGF · 1d
Incomplete evidence; No entry condition values were published.
LQD · 1d
3 of 4 published entry conditions marked met.
- Price below EMA (20) — met
- ADX (14) above 20 — met
- RSI (14) below 45 — met
- Price crossed above EMA (20) — near
- Price above EMA (20) — near
- Price below EMA (20) — met
- RSI (14) below 32 — met
- RSI (14) below 28 — met
- Price crossed above EMA (20) — near
Entry and exit at a glance
These are the named rules in the shared configuration. Review the full conditions below before using a strategy.
- Entry: EMA/ADX/RSI Crossover Short (LQD@1d) (4 conditions)
- Exit: Position Exit Rule (LQD@1d) (2 conditions)
- Exit: TP: Position Exit Rule (LQD@1d) (2 conditions)
- Exit: Oversold RSI Exit (LQD@1d) (1 condition)
- Exit: SL: Position Exit Rule (LQD@1d) (1 condition)
- Exit: Stop Loss at 2.0% (1 condition)
- Exit: Take Profit at 4.0% (1 condition)
- Exit: SL: Below Support[1] (LQD@1d) (1 condition)
- Exit: SL: Below Support[1] (LQD@1d) (1 condition)
Shared strategy rules
Rule configuration
{
"data_dependencies": [
{
"symbol": "STOCK:LQD",
"timeframe": "1d"
}
],
"entry_rules": [
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "adx",
"indicator": {
"name": "adx",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 20
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 45
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_above",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
}
],
"direction": "short",
"enabled": true,
"id": "entry_1",
"name": "EMA/ADX/RSI Crossover Short (LQD@1d)",
"priority": 1,
"trade_symbol": "STOCK:LQD"
}
],
"exit_rules": [
{
"applies_to": "both",
"condition_tree": {
"children": [
{
"cond": {
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
},
"op": "cond"
},
{
"cond": {
"left": {
"field": "holding_period_bars",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 90
}
},
"op": "cond"
}
],
"op": "any"
},
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
},
{
"left": {
"field": "holding_period_bars",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 90
}
}
],
"enabled": true,
"id": "exit_1",
"name": "Position Exit Rule (LQD@1d)",
"priority": 1,
"purpose": "signal"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 32
}
}
],
"enabled": true,
"id": "exit_2",
"name": "TP: Position Exit Rule (LQD@1d)",
"priority": 97,
"purpose": "take_profit",
"target_symbol": "STOCK:LQD"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 28
}
}
],
"enabled": true,
"id": "exit_3",
"name": "Oversold RSI Exit (LQD@1d)",
"priority": 96,
"purpose": "take_profit",
"target_symbol": "STOCK:LQD"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_above",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
}
],
"enabled": true,
"id": "exit_4",
"name": "SL: Position Exit Rule (LQD@1d)",
"priority": 100,
"purpose": "stop_loss",
"target_symbol": "STOCK:LQD"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "less_than_or_equal",
"right": {
"type": "constant",
"value": -2
}
}
],
"enabled": true,
"id": "exit_5",
"name": "Stop Loss at 2.0%",
"priority": 10,
"purpose": "stop_loss"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 4
}
}
],
"enabled": true,
"id": "exit_6",
"name": "Take Profit at 4.0%",
"priority": 11,
"purpose": "take_profit"
},
{
"applies_to": "short",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "less_than_or_equal",
"right": {
"rank": 1,
"type": "support_level"
}
}
],
"enabled": true,
"id": "exit_7",
"name": "SL: Below Support[1] (LQD@1d)",
"priority": 97,
"purpose": "take_profit"
},
{
"applies_to": "short",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_below",
"right": {
"rank": 1,
"type": "support_level"
}
}
],
"enabled": true,
"id": "exit_8",
"name": "SL: Below Support[1] (LQD@1d)",
"priority": 100,
"purpose": "stop_loss"
}
],
"position_sizing": {
"max_position_percent": 25,
"method": {
"risk_percent": 2,
"support_stop_rank": 1,
"type": "fixed_risk"
},
"min_position_value": 100
},
"trigger_timeframe": "1d",
"version": 1
}Indicator configuration
{
"indicators": [
{
"name": "ema",
"period": 20
},
{
"name": "adx",
"period": 14
},
{
"name": "rsi",
"period": 14
}
]
}Parsed strategy
{
"data_dependencies": [
{
"symbol": "STOCK:LQD",
"timeframe": "1d"
}
],
"entry_rules": [
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "adx",
"indicator": {
"name": "adx",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 20
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 45
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_above",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
}
],
"direction": "short",
"enabled": true,
"id": "entry_1",
"name": "EMA/ADX/RSI Crossover Short (LQD@1d)",
"priority": 1,
"trade_symbol": "STOCK:LQD"
}
],
"exit_rules": [
{
"applies_to": "both",
"condition_tree": {
"children": [
{
"cond": {
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
},
"op": "cond"
},
{
"cond": {
"left": {
"field": "holding_period_bars",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 90
}
},
"op": "cond"
}
],
"op": "any"
},
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
},
{
"left": {
"field": "holding_period_bars",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 90
}
}
],
"enabled": true,
"id": "exit_1",
"name": "Position Exit Rule (LQD@1d)",
"priority": 1,
"purpose": "signal"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
},
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 32
}
}
],
"enabled": true,
"id": "exit_2",
"name": "TP: Position Exit Rule (LQD@1d)",
"priority": 97,
"purpose": "take_profit",
"target_symbol": "STOCK:LQD"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 28
}
}
],
"enabled": true,
"id": "exit_3",
"name": "Oversold RSI Exit (LQD@1d)",
"priority": 96,
"purpose": "take_profit",
"target_symbol": "STOCK:LQD"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_above",
"right": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 20
},
"type": "indicator"
}
}
],
"enabled": true,
"id": "exit_4",
"name": "SL: Position Exit Rule (LQD@1d)",
"priority": 100,
"purpose": "stop_loss",
"target_symbol": "STOCK:LQD"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "less_than_or_equal",
"right": {
"type": "constant",
"value": -2
}
}
],
"enabled": true,
"id": "exit_5",
"name": "Stop Loss at 2.0%",
"priority": 10,
"purpose": "stop_loss"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 4
}
}
],
"enabled": true,
"id": "exit_6",
"name": "Take Profit at 4.0%",
"priority": 11,
"purpose": "take_profit"
},
{
"applies_to": "short",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "less_than_or_equal",
"right": {
"rank": 1,
"type": "support_level"
}
}
],
"enabled": true,
"id": "exit_7",
"name": "SL: Below Support[1] (LQD@1d)",
"priority": 97,
"purpose": "take_profit"
},
{
"applies_to": "short",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "STOCK:LQD",
"timeframe": "1d"
},
"field": "close",
"type": "price"
},
"operator": "crossed_below",
"right": {
"rank": 1,
"type": "support_level"
}
}
],
"enabled": true,
"id": "exit_8",
"name": "SL: Below Support[1] (LQD@1d)",
"priority": 100,
"purpose": "stop_loss"
}
],
"position_sizing": {
"max_position_percent": 25,
"method": {
"risk_percent": 2,
"support_stop_rank": 1,
"type": "fixed_risk"
},
"min_position_value": 100
},
"trigger_timeframe": "1d",
"version": 1
}Strategy instructions
Trading agent generated from recommendation idea 'Corporate bonds are usually priced as a small premium over government bonds, so when government borrowing costs surge, that premium gets stretched and corporate bonds eventually catch down. Citigroup's head of rates trading says the government bond sell-o'. Thesis: Corporate bonds are usually priced as a small premium over government bonds, so when government borrowing costs surge, that premium gets stretched and corporate bonds eventually catch down. Citigroup's head of rates trading says the government bond sell-off still has room to run, and the drivers — a hot economy and $100 oil stoking inflation and rate-hike bets — aren't going away. Bloomberg's credit weekly now flags that the rate-market fear gauge is warning for corporates specifically, meaning the most resilient corner of the bond market is the one most exposed to a catch-up move. Shorting investment-grade corporate credit captures that overdue repricing without needing to pick individual companies.
Performance
No trade count, win rate, or realized P&L figures are provided in this public preview. The thesis and shared rules do not establish a performance record.
What this public preview can establish
- The dated rule snapshot above shows the conditions evaluated at that time. It does not prove a current trigger or executed trade.
- Technical strategy fields are shared above. Inspect the actual conditions and check when they were evaluated before relying on them.
- No trade count, win rate, or P&L figure is published in this preview. It cannot establish a performance record.
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