A-Share Screen Combining RSI, Seven Bearish Sessions, and Positive MACD

Summary

This Chinese A-share screen combines three daily conditions: RSI below 65, seven consecutive sessions with bearish candles, and MACD above zero. The article describes the combination as a short- to medium-term selection rule: the run of bearish candles identifies recent weakness, while positive MACD is intended to retain stocks with a broader positive trend. It also gives example indicator settings, including a default 14-day RSI and standard MACD periods, plus sample data-fetching code.

No backtest results or measured performance are presented. The article cautions that the screen omits company fundamentals and broader market conditions, and that MACD can be noisy. Its code and prose are illustrative rather than a fully validated implementation; readers would need to verify data quality, indicator calculations, and the consistency of the seven-session and daily-signal conditions before relying on selections. Suggested additions such as market-wide measures, other indicators, and financial data are not evaluated.

Key ideas

• The screen requires RSI below 65, seven consecutive bearish candle sessions, and daily MACD above zero.
• The article interprets the bearish run as recent weakness and positive MACD as evidence of a broader positive trend.
• It gives example RSI and MACD settings and illustrative Python implementation details.
• No backtest results support the screen's performance.
• The article notes risks from omitted fundamentals, market-wide conditions, noisy signals, and data quality.

Tags

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