A Metaverse Stock Screen Using the Five-Day Average and Bid-Ask Volume

Summary

This Chinese-language post describes a stock selection rule focused on the metaverse industry. It combines a price condition involving the five-day moving average with a comparison of first-level bid and ask volume, selecting shares where bid volume exceeds ask volume. The post also gives example indicator references for Chinese trading platforms and discusses possible additions such as RSI, KDJ, market capitalization, trading volume, company fundamentals, and investor sentiment.

The post offers a rule description, not evidence of effectiveness: it reports no backtest or measured returns. It notes that industry and policy changes can affect results, that bid-ask volume imbalances may not predict price direction, and that the screen may return few stocks. Its sample Python section contains mismatches with the stated industry and selection logic, so the implementation details should be checked before use.

Key ideas

• The screen first limits candidates to the metaverse industry.
• It combines a five-day moving-average condition with first-level bid volume greater than ask volume.
• The author suggests adding technical, fundamental, sentiment, and liquidity filters.
• The post warns that order-book volume imbalance may not predict subsequent price movement.
• No performance test is presented, and the sample implementation appears inconsistent with the stated rule.

Tags

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