A-Share Screening with MACD, Rising Averages, and Higher Lows

Summary

This document presents a technical screen for stocks whose MACD is above zero, whose short moving averages are rising or diverging upward, and whose lows are moving higher. It explains these conditions as signs of positive trend and strengthening price action. The accompanying indicator formulas define MACD and a higher-low condition using rolling lows, prior highs, and comparisons between price and a moving average. A sorting rule ranks candidates by daily price change.

The article provides formulas and sample code, but it does not report a backtest, trading results, or a defined holding and exit method. It warns that higher-low signals can be false and that focusing on price indicators can miss company fundamentals. It suggests combining the screen with other factors and diversifying positions. The sample code and formula references also differ in some details, so they should be checked before implementation; the screen is presented as a starting point rather than evidence of a profitable strategy.

Key ideas

• The screen requires MACD to be positive, indicating price momentum above the indicator’s zero line.
• Rising moving averages and higher lows are used to identify stocks with upward price structure.
• The higher-low condition combines rolling lows with comparisons involving prior highs and moving averages.
• Candidates are ranked by daily price change, but no entry, exit, or holding rules are established.
• The author warns that false signals and omitted fundamentals can weaken selection quality.

Tags

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