Metaverse Stock Screening with Five-Day and Weekly MACD Filters

Summary

This Chinese-language article describes an equity screen restricted to the metaverse concept group. It selects stocks whose close is above the five-day moving average and whose weekly MACD is above zero, using these conditions as short- and medium-term trend filters. It also gives equivalent screening expressions and a Python example intended to retrieve stock data and apply filters.

The article explains that the industry restriction narrows the universe, while the moving average and MACD aim to identify upward price direction. It flags concentration in one theme, sensitivity of a short moving average to noise, and the limited information in MACD alone. Suggested refinements include adding valuation or profitability measures, lengthening the average, combining indicators, and reviewing the rules periodically. No backtest, performance data, or detailed execution and risk controls are provided; the Python example also does not fully show how all referenced fields are calculated.

Key ideas

• The screen limits candidates to the metaverse concept group.
• It requires the close to exceed its five-day moving average.
• It also requires weekly MACD to be above zero as a trend filter.
• The article notes that sector concentration and short-term price noise can weaken the screen.
• It proposes adding fundamental measures and other indicators, but reports no performance test.

Tags

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