A-Share Screening with Price Amplitude, MACD, and Capital Flow

Summary

This Chinese A-share screening method combines a minimum price-amplitude condition, a positive MACD condition, and a capital-flow ranking. It proposes prioritizing stocks with stronger measured capital flow, treating amplitude as a volatility filter and MACD as a signal of positive momentum. The document also gives example indicator expressions and Python-style screening logic, though those examples do not establish that the measures are calculated consistently.

The author warns that a flow-based screen may overlook promising stocks that have not attracted attention, and that it leaves company fundamentals and industry trends out of the selection process. Suggested improvements include assessing financial data and sector prospects alongside the flow measure. No backtest, performance evidence, or detailed trading and risk-management rules are provided, so the screen is best understood as a selection idea rather than a validated strategy.

Key ideas

• The screen selects stocks with amplitude above a threshold and a positive MACD condition.
• It ranks candidates by a measure described as capital-flow strength.
• The document suggests combining flow data with company fundamentals and industry conditions.
• It provides no backtest results or evidence that the screening rules are profitable.

Tags

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