A-Share Momentum Screen Using Recent Limit-Ups, Weekly MACD, and RSI
Summary
This A-share screening proposal combines recent price-limit activity with two technical indicators. It selects stocks with more than two limit-up sessions during the last 10 days, weekly MACD above its zero line, and RSI below 65. The article frames the limit-up count as a measure of market enthusiasm and uses the MACD and RSI conditions as technical filters to narrow the candidates.
The document offers no backtest, trade exits, or evidence that these conditions improve returns. It describes the approach as suitable for investors seeking high risk and potential reward, and warns that holding too long may lead to missed exits or trapped capital. Its sample code uses a MACD histogram condition rather than clearly implementing weekly MACD above zero, and other data-handling details are not fully specified. The method is best understood as an incomplete candidate screen, not a tested trading system.
Key ideas
- The screen requires more than two limit-up sessions within 10 days.\nIt also requires weekly MACD above zero and RSI below 65.\nRecent limit-ups are treated as a market-sentiment signal.\nThe article warns about delayed exits and omitted company or market factors.\nNo performance evidence is given, and the code does not clearly match the weekly MACD rule.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.