A-Share Screen Using MACD, Amplitude, and a Price-Gain Limit

Summary

This post proposes screening Chinese equities using three conditions: amplitude above a threshold, daily MACD above zero, and a price-gain limit associated with the market open. It presents the screen as a way to avoid indiscriminate chasing while combining a momentum-style indicator with a measure of price movement. Formula and Python-like examples are provided, along with suggestions to add broader market and company analysis and to monitor more indicators and time points.

The post supplies no backtest, performance statistics, or comparison with a baseline, so it does not show whether the conditions improve returns. Its timing and formula descriptions are also unclear: the prose refers to a gain observed at 9:25, while the examples use prior-day high and low data. The listed thresholds are examples that may need adjustment, and the strategy remains exposed to risks from relying on a few technical conditions.

Key ideas

• The proposed screen combines amplitude, positive daily MACD, and a gain ceiling around the market open.
• The post suggests evaluating candidates before the trading session.
• Its examples refer to prior-day high and low values despite the prose describing a 9:25 price-gain condition.
• No backtest or performance evidence is provided.
• The author recommends adding broader analysis and risk controls.

Tags

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