Convertible Bond Screen Using Three Simultaneous Bullish Crossovers

Summary

The post outlines a screen for Chinese convertible bonds associated with the metaverse sector. A candidate must show three bullish crossovers at the same time: MACD over its signal line, the 5-period moving average over the 10-period average, and the 5-period average over the 20-period average. It also requires a nonempty field for the outstanding convertible bond’s short name. The intended idea is to combine short-term momentum signals with a basic bond-listing field.

The author flags rapid sentiment reversals, reliance on technical indicators without deeper bond analysis, and policy or regulatory uncertainty in the sector. Suggested improvements include stronger risk controls, fuller fundamental review, and policy monitoring. The article includes formula and code examples, but the examples introduce additional filtering logic and do not provide a backtest, valuation analysis, or measured results. A nonempty name field alone does not demonstrate low debt risk, and simultaneous crossovers can be sensitive to data timing and indicator definitions.

Key ideas

• The screen requires simultaneous bullish MACD and moving-average crossovers across three indicator pairs.
• It focuses on convertible bonds linked to the metaverse sector and checks that an outstanding-bond name field is present.
• The post warns about sentiment shifts, technical-signal dependence, and sector policy risk.
• The article gives no performance evidence, and a populated name field does not establish credit quality.

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