Composer - An Automated Trading Platform for Retail Traders

[Composer]

Hey Traders,

Very excited to introduce you to Composer; an Automated Trading Platform that allows you to build a portfolio of hedge fund-like strategies.

Instead of having to code in Python or fumble with Excel and then integrate via API to execute your strategy, Composer breaks the strategy creation process into building blocks (assets, weights, conditions, filters and groups) that can be infinitely combined using our no-code visual editor. Once you set up your building blocks, Composer automatically executes trades on your behalf.

If you’re not ready to create your own strategy, you can “follow” a vetted repository of strategies and/or decide to put actual capital to work against them.

We exist to make the strategies that top hedge funds use as easy to access as individual stocks.

The company was founded out of a personal frustration that we faced with our own investments. After a lot of searching we realized that there is an absence of automated tools that are both flexible and usable and allow retail investors to replicate the investment strategies used by hedge funds.

Excited to be a part of this community and happy to answer any questions that you have!

 

[qlai]

Welcome! Looked through website but could not find answer to question - what is the granularity of data for US equities? Only EOD data?

 

[Composer]

Welcome! Looked through website but could not find answer to question - what is the granularity of data for US equities? Only EOD data?

Great question. Backtests use EOD data but trade execution is done between 3-4pm ET using market data.

 

[David's faith]

You then have the strategies that work presented to you. How genius and generous. Lol.

 

[Composer]

We wanted to give people a jumping off point from where they could go create their own strategies. All of the templates can be edited or customized by you!

 

[Trader200K]

How do you price your software?

Can your software route orders to existing brokerage accounts?

Is all of your software functionality cloud-centric and everything else essentially a display client?

How do you protect traders’ intellectual properties?

 

[qwerty11]

How do you price your software?

As nothing is said about that in the first post I assume it's free

 

[Composer]

How do you price your software?

Can your software route orders to existing brokerage accounts?

Is all of your software functionality cloud-centric and everything else essentially a display client?

How do you protect traders’ intellectual properties?

To answer your questions in order:
1. We are in Open Beta and it is free for the time being
2. We are integrated with Alpaca, an API first brokerage with over 100k clients
3. I'm not sure exactly what you mean but if I understand correctly, we are a software platform that acts as a layer on top of the brokerage and allows you to backtest strategies and then execute them directly.
4. Sharing of the strategies that you create is completely up to you. We do not use or share your data. You can read our Privacy Policy for more.

I hope this helps!

 

[cruisecontrol]

Love the concept.

The website and interface is very beautiful.

The selection of pre built strategies is quite nice.

One big concern I identified is the fact that backtests do not include any transaction costs, especially for the more actively traded strategies this could lead to real life results being much worse than backtest.

The documentation on execution doesn't say much. "between 3-4 pm" what does this mean exactly? what kind of execution algorithm is used, what types of orders does it generate, etc.

I think it is essential for a platform like this that costs are visible and realistic, especially since the system enables creation of high turnover strategies.

 

[Composer]

Appreciate the kind words and this is great feedback.

We are actually working on making the backtests more robust so as to incorporate both transaction costs as well as taxes. This will make them significantly more accurate.

The orders used are all market orders.

Any other feedback you have is appreciated!