A Chinese Metaverse Stock Screen Using Opening Gaps and MACD

Summary

This post outlines a Chinese equity screen for stocks in the metaverse sector. Its stated filters include a recent limit-up event, an opening gain below six percent relative to the prior close, and a MACD condition described as below zero two days earlier. It includes formula-style criteria and a Python example that retrieves sector members and minute-level market data, computes MACD, and checks opening and indicator conditions.

The post frames the screen as a way to focus on a popular theme while excluding weaker candidates, but it provides no backtest, returns, or risk-adjusted results to support that rationale. It also acknowledges that the approach omits company fundamentals and industry context, and that MACD can generate false signals. There is an apparent mismatch between the prose description and the formula implementation of the MACD filter, so the exact intended condition is uncertain. The screen is a selection rule, not a complete trading system with entry, exit, and position-sizing rules.

Key ideas

• The screen combines metaverse sector membership with an opening-gap threshold and a MACD filter.
• The post also mentions a recent limit-up event as part of its selection rationale.
• A Python example uses sector data, intraday prices, and MACD calculations to identify candidates.
• The post provides no performance evidence and notes the risks of ignoring fundamentals and relying on a potentially noisy indicator.
• The MACD wording and formula do not clearly describe the same condition.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.