Chinese Metaverse Stock Screen Using a Rising Average and MACD

Summary

This document outlines a Chinese equity screening idea that combines membership in the metaverse concept group with a rising 30-day moving average and a MACD setup. Its stated logic looks for a MACD value below zero two sessions earlier, followed by a bullish crossover within three sessions. It includes example indicator formulas and Python-style screening code, though the code’s rolling conditions do not clearly implement every part of the prose rule.

The article presents the setup as a way to find stocks in an upward trend with a potential MACD reversal, but it gives no backtest results or performance evidence. It warns that the filters may miss candidates or select unsuitable stocks, that the approach omits company fundamentals, and that differing data sources can change results. Suggested refinements include adding technical and fundamental filters and smoothing MACD to reduce noise. The concept classification and indicator conditions are specific to the source’s Chinese-market context; the screen alone does not establish an investable strategy.

Key ideas

• The screen combines metaverse concept membership with a rising 30-day moving average.
• The intended MACD pattern starts below zero and includes a bullish crossover within three sessions.
• The document provides example formulas and Python-style code, but their conditions may not match the prose exactly.
• The author identifies missed or false selections, omitted fundamentals, and data quality as limitations.
• No backtest performance results are provided.

Tags

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