Chinese Stock Screen Combining Amplitude, Institutional Flow, and MACD

Summary

This Chinese-language article presents an annual stock-selection screen combining three conditions: amplitude above a threshold, a change in a proxy for institutional buying activity, and a positive daily MACD reading. At the start of each year, it further limits candidates to stocks in the upper half by total market capitalization. The article provides indicator expressions for the conditions and an illustrative Python-style example for filtering a stock list.

The article offers no backtest results or evidence that the screen predicts returns. It acknowledges that the rules omit company fundamentals and valuation, and that a positive MACD reading alone does not establish an uptrend. The sample code also relies on platform-specific expressions and data fields, so it should not be assumed to run as written in a general Python environment. The screen is best read as a rule specification that would need careful data checks and empirical evaluation.

Key ideas

• The screen combines an amplitude threshold, a proxy for changes in institutional activity, and positive daily MACD.
• It applies the selection rules at the beginning of each year and keeps stocks in the upper half by total market capitalization.
• The article supplies indicator expressions and a sample filtering workflow but no performance evidence.
• The author notes that the screen omits fundamentals and valuation, and that MACD alone does not confirm an uptrend.

Tags

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