A-Share Momentum Screen Using MACD, Positive P/E, and Recent Limit Moves
Summary
The document describes a short-term A-share screening idea that combines a positive MACD reading, positive trailing P/E, exclusion of special-treatment stocks, and five consecutive recent limit-up conditions. It proposes selecting stocks before 10 a.m. and sorting candidates by trading volume. The accompanying formulas and Python example express the historical limit-move checks and the filtering sequence.
The article characterizes the approach as speculative momentum trading and notes that high returns are not assured, screening results may differ from actual conditions, and the signal could be improved with additional growth or profitability data. It provides no backtest, execution rules, risk controls, or evidence for the claimed timing benefit. The example also depends on correctly aligned daily data and on the market's applicable price-limit rules, so its conditions require careful validation before research or use.
Key ideas
- The screen requires MACD above zero, positive P/E, and exclusion of special-treatment stocks.
- It identifies candidates with five successive historical limit-up conditions and proposes screening before 10 a.m.
- Candidates are ordered by trading volume after the filters are applied.
- The source describes the setup as speculative and provides no backtest or risk-control analysis.
- Data alignment and applicable price-limit rules must be checked when implementing the historical conditions.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.