A Stock Screen Using Amplitude, Weekly MACD, and Moving-Average Crosses

Summary

The proposed Chinese equity screen combines a daily amplitude threshold, a positive weekly MACD condition, and simultaneous bullish moving-average crosses. Its final rule names MA, MACD, and KDJ as the three indicators, but the accompanying formula and Python example implement crosses among the 5-day and 10-, 20-, and 30-day moving averages, alongside MACD conditions. This inconsistency means the exact intended signal needs clarification before implementation.

The source characterizes amplitude and weekly MACD as measures of short-term movement and trend, then warns that technical signals omit company fundamentals and industry conditions. It suggests adding fundamental, industry, or sentiment filters and using stop-loss and take-profit rules. The examples are references rather than a validated backtest: no performance, benchmark, transaction costs, or risk-adjusted results are reported, and the code contains implementation details that may need correction.

Key ideas

• The screen combines a daily amplitude threshold with a positive weekly MACD condition.
• The described moving-average signal uses a 5-day average crossing above longer averages.
• The final rule mentions KDJ, but the provided examples instead specify moving-average crosses, creating an implementation ambiguity.
• The source recommends considering fundamentals and risk controls, but provides no evidence from a backtest.

Tags

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