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A-Share Screening with Reversal Candles and Shortening MACD Bars

Article SuperMind
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Summary

This document describes a Chinese stock screen that combines three conditions: daily price amplitude above 1%, a reversal or engulfing-style candle, and shortening green MACD histogram bars on a 15-minute chart. It presents the combination as a way to narrow candidates and includes example indicator logic for screening and ranking stocks by heat.

The article offers no backtest, performance record, or evidence that the conditions predict returns. It warns that technical signals alone can miss fundamental and other market information, and suggests combining them with fundamentals or capital-flow measures, or exploring machine-learning refinements. The examples also leave some implementation details ambiguous, including how the candle pattern and intraday MACD condition are mapped to the data. Treat the screen as a candidate-generation idea that requires precise definitions and independent validation.

Key ideas

  • The screen requires price amplitude above 1%, a reversal-style candle, and shortening green MACD bars on a 15-minute chart.
  • The article presents indicator and Python examples for applying the conditions to stock data.
  • It offers no measured returns or backtest evidence for the screen.
  • The author cautions that technical-only selection can omit fundamental and other market factors.

Tags

EquitiesChina marketsTechnical indicatorsMomentum

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