A-Share Screen Using Price Range, Rounded Movement, and 15-Minute MACD

Summary

This note describes a short-term Chinese stock screen combining three conditions: daily price amplitude of at least one percent, a price level close to short and medium moving averages, and a shrinking 15-minute MACD histogram. Its formula expresses the rounded-price condition as proximity to the higher of the five- and twenty-period moving averages, within ten percent. The note also includes example screening logic and says the intent is to find active stocks with a potentially easing bearish trend.

The article gives no backtest, comparison, or performance evidence. It warns that the simple rules may select weak companies, ignore fundamentals, and produce noisy signals when intraday MACD changes with short-term market fluctuations. It suggests adding other indicators or fundamental filters, but does not test those changes. The examples are implementation references, not proof that the screen is profitable; the article also does not fully specify how to operationalize its qualitative rounded-shape description.

Key ideas

• The screen combines a minimum price amplitude with proximity to short and medium moving averages.
• A shortening 15-minute MACD histogram is used as a signal of a possible short-term trend change.
• The article provides example formulas but no backtest or performance results.
• The author warns that the screen ignores fundamentals and may generate noisy signals.

Tags

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