Metaverse Stock Screen with Arc Patterns, Positive MACD, and Volatility Filters
Summary
This stock-screening idea combines metaverse-sector membership, an arc-shaped price pattern, and daily MACD above zero. The document then expands the proposed conditions with Bollinger Band width below three and a 20-day volatility measure below ten. Its formula and Python sketches indicate how to calculate MACD, band width, and rolling price variability, but the arc-pattern indicator is left as a custom placeholder, and the sample has implementation gaps.
The rationale is to combine a sector filter and chart pattern with momentum and low-volatility conditions. The author acknowledges that the original screen uses a narrow set of signals and may be insufficiently robust, recommending broader technical and fundamental analysis. No empirical results, precise definition of the arc pattern, or validation procedure is supplied. The thresholds and sector label are therefore screening choices to investigate, not demonstrated evidence of predictive power or a complete trading system.
Key ideas
- The initial screen selects metaverse stocks with an arc-shaped pattern and daily MACD above zero.
- The expanded version adds Bollinger Band width below three and 20-day volatility below ten.
- The example code leaves the arc-pattern calculation as a custom placeholder.
- The author notes that the screen omits broader technical and fundamental information.
- The document provides no backtest or evidence that its thresholds predict returns.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.