Public trading strategy
Chips are the picks and shovels of the AI boom — load up on the semiconductor ET
Created
Thesis
The AI revolution is completely dependent on hardware, making semiconductor companies the ultimate 'picks and shovels' play. Rather than trying to pick the single winning AI software company, buying the companies that make the physical chips offers a broader exposure to the boom. With analysts heavily bullish, buying the semiconductor ETF provides a safer way to capture this growth.
Strategy approach
Build a rule-based strategy that enters long SMH on D1 when RSI(14) is between 50 and 65 (confirming uptrend without being extremely overbought) and the 10-day EMA is above the 50-day EMA. Exit if the price closes below the 50-day EMA.
Markets and timeframes
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: RSI/EMA Signal Long (SMH@1d) (3 conditions)
- Entry: RSI/EMA Signal Long (SMCI@1d) (3 conditions)
- Exit: Position Exit Rule (SMH@1d) (1 condition)
- Exit: Position Exit Rule (SMCI@1d) (1 condition)
- Exit: SL: Position Exit Rule (SMH@1d) (1 condition)
- Exit: SL: Position Exit Rule (SMCI@1d) (1 condition)
- Exit: TP: Position Exit Rule (SMH@1d) (1 condition)
- Exit: TP: Position Exit Rule (SMCI@1d) (1 condition)
Shared strategy rules
Rule configuration
{
"data_dependencies": [
{
"symbol": "SMH",
"timeframe": "1d"
},
{
"symbol": "SMCI",
"timeframe": "1d"
}
],
"entry_rules": [
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
},
{
"left": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 65
}
},
{
"left": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 10
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 50
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_smh",
"name": "RSI/EMA Signal Long (SMH@1d)",
"priority": 1,
"trade_symbol": "SMH"
},
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
},
{
"left": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 65
}
},
{
"left": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 10
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 50
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_smci",
"name": "RSI/EMA Signal Long (SMCI@1d)",
"priority": 2,
"trade_symbol": "SMCI"
}
],
"exit_rules": [
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 50
},
"type": "indicator"
}
}
],
"enabled": true,
"id": "exit_signal_smh",
"name": "Position Exit Rule (SMH@1d)",
"priority": 1,
"purpose": "signal",
"target_symbol": "SMH"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 50
},
"type": "indicator"
}
}
],
"enabled": true,
"id": "exit_signal_smci",
"name": "Position Exit Rule (SMCI@1d)",
"priority": 2,
"purpose": "signal",
"target_symbol": "SMCI"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than_or_equal",
"right": {
"left": {
"field": "entry_price",
"type": "position"
},
"op": "Subtract",
"right": {
"left": {
"type": "constant",
"value": 2
},
"op": "Multiply",
"right": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "atr",
"period": 14
},
"type": "indicator"
},
"type": "arithmetic"
},
"type": "arithmetic"
}
}
],
"enabled": true,
"id": "stop_loss_smh",
"name": "SL: Position Exit Rule (SMH@1d)",
"priority": 3,
"purpose": "stop_loss",
"target_symbol": "SMH"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than_or_equal",
"right": {
"left": {
"field": "entry_price",
"type": "position"
},
"op": "Subtract",
"right": {
"left": {
"type": "constant",
"value": 2
},
"op": "Multiply",
"right": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "atr",
"period": 14
},
"type": "indicator"
},
"type": "arithmetic"
},
"type": "arithmetic"
}
}
],
"enabled": true,
"id": "stop_loss_smci",
"name": "SL: Position Exit Rule (SMCI@1d)",
"priority": 4,
"purpose": "stop_loss",
"target_symbol": "SMCI"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "greater_than_or_equal",
"right": {
"left": {
"field": "entry_price",
"type": "position"
},
"op": "Add",
"right": {
"left": {
"type": "constant",
"value": 3
},
"op": "Multiply",
"right": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "atr",
"period": 14
},
"type": "indicator"
},
"type": "arithmetic"
},
"type": "arithmetic"
}
}
],
"enabled": true,
"id": "take_profit_smh",
"name": "TP: Position Exit Rule (SMH@1d)",
"priority": 5,
"purpose": "take_profit",
"target_symbol": "SMH"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "greater_than_or_equal",
"right": {
"left": {
"field": "entry_price",
"type": "position"
},
"op": "Add",
"right": {
"left": {
"type": "constant",
"value": 3
},
"op": "Multiply",
"right": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "atr",
"period": 14
},
"type": "indicator"
},
"type": "arithmetic"
},
"type": "arithmetic"
}
}
],
"enabled": true,
"id": "take_profit_smci",
"name": "TP: Position Exit Rule (SMCI@1d)",
"priority": 6,
"purpose": "take_profit",
"target_symbol": "SMCI"
}
],
"position_sizing": {
"max_position_percent": 25,
"method": {
"risk_percent": 2,
"support_stop_rank": 2,
"type": "fixed_risk"
},
"min_position_value": 100
},
"trigger_timeframe": "1d",
"version": 1
}Indicator configuration
{
"indicators": [
{
"name": "rsi",
"period": 14
},
{
"name": "ema",
"period": 10
},
{
"name": "ema",
"period": 50
},
{
"name": "atr",
"period": 14
},
{
"name": "rsi",
"period": 14
},
{
"name": "ema",
"period": 10
},
{
"name": "ema",
"period": 50
},
{
"name": "atr",
"period": 14
}
]
}Parsed strategy
{
"data_dependencies": [
{
"symbol": "SMH",
"timeframe": "1d"
},
{
"symbol": "SMCI",
"timeframe": "1d"
}
],
"entry_rules": [
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
},
{
"left": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 65
}
},
{
"left": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 10
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 50
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_smh",
"name": "RSI/EMA Signal Long (SMH@1d)",
"priority": 1,
"trade_symbol": "SMH"
},
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
},
{
"left": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 65
}
},
{
"left": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 10
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 50
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_smci",
"name": "RSI/EMA Signal Long (SMCI@1d)",
"priority": 2,
"trade_symbol": "SMCI"
}
],
"exit_rules": [
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 50
},
"type": "indicator"
}
}
],
"enabled": true,
"id": "exit_signal_smh",
"name": "Position Exit Rule (SMH@1d)",
"priority": 1,
"purpose": "signal",
"target_symbol": "SMH"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "ema",
"period": 50
},
"type": "indicator"
}
}
],
"enabled": true,
"id": "exit_signal_smci",
"name": "Position Exit Rule (SMCI@1d)",
"priority": 2,
"purpose": "signal",
"target_symbol": "SMCI"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than_or_equal",
"right": {
"left": {
"field": "entry_price",
"type": "position"
},
"op": "Subtract",
"right": {
"left": {
"type": "constant",
"value": 2
},
"op": "Multiply",
"right": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "atr",
"period": 14
},
"type": "indicator"
},
"type": "arithmetic"
},
"type": "arithmetic"
}
}
],
"enabled": true,
"id": "stop_loss_smh",
"name": "SL: Position Exit Rule (SMH@1d)",
"priority": 3,
"purpose": "stop_loss",
"target_symbol": "SMH"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than_or_equal",
"right": {
"left": {
"field": "entry_price",
"type": "position"
},
"op": "Subtract",
"right": {
"left": {
"type": "constant",
"value": 2
},
"op": "Multiply",
"right": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "atr",
"period": 14
},
"type": "indicator"
},
"type": "arithmetic"
},
"type": "arithmetic"
}
}
],
"enabled": true,
"id": "stop_loss_smci",
"name": "SL: Position Exit Rule (SMCI@1d)",
"priority": 4,
"purpose": "stop_loss",
"target_symbol": "SMCI"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "greater_than_or_equal",
"right": {
"left": {
"field": "entry_price",
"type": "position"
},
"op": "Add",
"right": {
"left": {
"type": "constant",
"value": 3
},
"op": "Multiply",
"right": {
"chart_ref": {
"symbol": "SMH",
"timeframe": "1d"
},
"indicator": {
"name": "atr",
"period": 14
},
"type": "indicator"
},
"type": "arithmetic"
},
"type": "arithmetic"
}
}
],
"enabled": true,
"id": "take_profit_smh",
"name": "TP: Position Exit Rule (SMH@1d)",
"priority": 5,
"purpose": "take_profit",
"target_symbol": "SMH"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "close",
"type": "price"
},
"operator": "greater_than_or_equal",
"right": {
"left": {
"field": "entry_price",
"type": "position"
},
"op": "Add",
"right": {
"left": {
"type": "constant",
"value": 3
},
"op": "Multiply",
"right": {
"chart_ref": {
"symbol": "SMCI",
"timeframe": "1d"
},
"indicator": {
"name": "atr",
"period": 14
},
"type": "indicator"
},
"type": "arithmetic"
},
"type": "arithmetic"
}
}
],
"enabled": true,
"id": "take_profit_smci",
"name": "TP: Position Exit Rule (SMCI@1d)",
"priority": 6,
"purpose": "take_profit",
"target_symbol": "SMCI"
}
],
"position_sizing": {
"max_position_percent": 25,
"method": {
"risk_percent": 2,
"support_stop_rank": 2,
"type": "fixed_risk"
},
"min_position_value": 100
},
"trigger_timeframe": "1d",
"version": 1
}Strategy instructions
Trading agent generated from recommendation idea 'Chips are the picks and shovels of the AI boom — load up on the semiconductor ETF'. Thesis: The AI revolution is completely dependent on hardware, making semiconductor companies the ultimate 'picks and shovels' play. Rather than trying to pick the single winning AI software company, buying the companies that make the physical chips offers a broader exposure to the boom. With analysts heavily bullish, buying the semiconductor ETF provides a safer way to capture this growth.
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 thesis and strategy approach describe a market view. They do not show whether an entry or exit condition is currently met.
- 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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