A Short-Term Stock Screen Combining Range, Five-Day Highs, and MACD

Summary

This Chinese-language post describes a short-term stock selection screen intended for use before 10 a.m. It combines four filters: daily amplitude above 1, exclusion of stocks designated ST, a five-day price condition described as a limit-up method, and MACD above its zero line. The accompanying example operationalizes the five-day condition as the close matching the highest close in a rolling five-day window, and computes MACD with standard 12, 26, and 9 periods.

The rationale is to favor volatile stocks showing recent strength and positive momentum while avoiding flagged companies. The post supplies indicator logic and sample code, but no backtest, performance evidence, or precise definition of the named five-part limit-up method beyond the example. It cautions that the screen may omit fundamental and earnings information, can select stocks vulnerable to sharp moves, and may encourage chasing rises or selling after declines. It suggests adding further measures and managing holdings in light of market and stock conditions.

Key ideas

• The screen requires amplitude above 1 and excludes stocks marked ST.
• It identifies recent strength through a five-day rolling closing-price high condition.
• It uses MACD above zero as a positive momentum filter.
• The post provides no backtest evidence and warns of fundamental blind spots and chase risk.

Tags

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