A-Share Momentum Screen Using MACD, Stock Heat, and Recent Limit-Ups

Summary

This note outlines a daily stock screen that keeps shares whose MACD is above zero, ranks eligible names by reported stock heat, and requires at least one limit-up event within the prior 25 days. It presents the rule as a way to combine a positive trend reading and market attention with recent evidence of strong price movement. The article includes formula references for MACD and limit-up detection, plus an illustrative Python workflow that filters, sorts, and checks historical prices.

The examples do not establish that the screen earns returns: there are no reported backtest results or performance statistics. The note warns that it omits company fundamentals, relies heavily on past data, and may be overfit. Stock heat is not operationally defined, and the code illustration leaves data and indicator details unclear, so the proposed criteria would need careful specification and validation before use. It recommends adding fundamental context and other indicators, while offering no explicit exits, position sizing, or cost assumptions.

Key ideas

• The screen requires MACD to be above zero and a recent limit-up event within the previous 25 days.
• Eligible stocks are ordered by a stock-heat measure, which the note does not define precisely.
• The article presents trend, attention, and recent sharp price appreciation as complementary filters.
• It reports no performance evidence and warns about missing fundamentals and overfitting.
• The examples do not specify exits, position sizing, or trading costs.

Tags

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