A-Share Screen Using Positive MACD, a Price Cap, and Weekly MACD

Summary

This document describes an A-share stock screen that combines a positive MACD reading, a share price below 12 yuan, and a weekly MACD above zero. It says the screen runs before the market opens each trading day. The intended idea is to combine a shorter-term momentum signal with a weekly trend filter, while using a low share price as an additional selection condition. The post also gives indicator formulas and sample code, though the code's data handling and indicator calculations are not explained in enough detail to establish that they implement the stated rules consistently.

The post identifies several limitations: MACD settings can change which stocks qualify, and the filters may exclude stocks experiencing strong short-term moves. It suggests adding market-flow or sentiment measures and tailoring filters by industry. No backtest, performance statistics, or validation is presented, so the proposed screen should be treated as an example selection rule rather than evidence of an effective trading strategy.

Key ideas

• The screen selects shares with MACD above zero and a price below 12 yuan.
• A weekly MACD above zero is used as an additional trend filter.
• The proposed schedule checks candidates before the market opens each trading day.
• The post notes that MACD parameters and narrow filters can affect results or exclude strong movers.
• It provides no performance test to demonstrate that the screen is profitable.

Tags

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