Combining a Metaverse Theme, Arc-Shaped Price Pattern, and Rising MACD DEA

Summary

This post proposes screening stocks associated with the metaverse theme for an arc-shaped price pattern and a rising DEA line, the smoothed signal line in MACD. Its formula adds price conditions relative to a 60-day moving average and the high, while its Python example estimates the arc condition from changes in highs and closes and calculates DEA from exponential moving averages.

The article presents this as a simple combination of a thematic filter and technical signals, but does not supply backtest results or evidence of predictive value. It acknowledges that indicator signals can be false and that market direction is uncertain. The example code also uses broad market data and an informal arc proxy, so the implementation may not faithfully identify the named theme or pattern. The author suggests incorporating macro conditions, company fundamentals, and industry trends before relying on the screen.

Key ideas

• The proposed screen combines metaverse-sector membership with an arc-like price pattern and rising MACD DEA.
• The formula also compares closing price with a 60-day moving average and the high price.
• The code estimates arc shape from price changes, a proxy that may not capture the intended chart pattern.
• The post provides no performance evidence and warns that technical signals can be unreliable.

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