A-Share Screen Using Weekly MACD and Five-Pen Limit-Up Conditions

Summary

This Chinese A-share screening proposal combines daily price range, weekly MACD, a non-ST restriction, and a five-pen limit-up pattern. It describes selecting stocks before 10 a.m. and gives formula and Python examples intended to express the conditions. The five-pen setup is presented as a technical pattern based on recent highs, lows, moving averages, and price behavior; the post frames it as a way to identify candidate stocks rather than a complete entry, exit, or portfolio strategy.

The post supplies no backtest, return series, benchmark comparison, or evidence that the screen predicts gains. It also cautions that the technical filters omit fundamentals and may be subjective or unsuitable across stocks and market conditions. Its examples should be treated carefully: the code's criteria do not clearly match every stated rule, including the weekly MACD condition, and the label's range threshold is not defined in detail. Further data checks, realistic transaction-cost analysis, and explicit risk controls would be needed before evaluating or using the screen.

Key ideas

• The proposed screen combines a daily amplitude filter, weekly MACD condition, non-ST status, and a five-pen limit-up pattern.
• The post intends the screen to identify candidates before 10 a.m., but does not specify a full trading system.
• The five-pen pattern is described through recent price highs, lows, and moving-average conditions.
• No empirical results are provided to establish predictive value or profitability.
• The post notes that technical-only selection can omit fundamentals and that the example code may not fully implement the stated rules.

Tags

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