Metaverse Stock Screen Using a KDJ Crossover and Opening Auction Flow

Summary

This Chinese equities screen targets stocks in the metaverse sector where the KDJ indicator has just crossed upward and the opening-auction measure for large and very large buy orders exceeds 7 million. It proposes selecting candidates before 10 a.m. for trading that day. The article includes formula and Python examples, combining a KDJ crossover with an auction order-flow threshold and trading-status or time filters.

The rationale is to pair a short-term technical signal with a measure of auction activity. The article notes that opening-auction data omit trading later in the day, that a short-term signal may miss longer-term trends, and that the screen omits other technical and fundamental checks. It suggests adding trend, turnover, trading-value, and fundamental criteria. No backtest or performance evidence is supplied, and the code examples include additional or differing conditions, so the implementation should be reconciled with the stated screening logic before use.

Key ideas

• The proposed screen focuses on metaverse stocks with a newly formed upward KDJ crossover.
• It requires large and very large opening-auction buy orders to exceed 7 million.
• Candidates are intended to be selected before 10 a.m. for same-day trading.
• The article says opening-auction flow alone misses later activity and longer-term context.
• No performance results are supplied, and the examples contain conditions that should be checked against the stated rule.

Tags

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