Chinese Stock Screen for Intraday Limit-Up Candidates
Summary
The document presents a China-focused stock screen intended to identify five potential limit-up candidates before 10 a.m. It filters for amplitude above 1, a daily controlling-shareholder measure above 21, and exclusion of ST-designated shares, then applies a named five-part limit-up method. Example snippets for Tonghuashun and Python illustrate how the filters might be combined and how candidates could be ranked by recent price change.
The text characterizes the screen as using volatility, capital-flow proxies, market sentiment, and hot sectors, but it supplies no backtest results or evidence that the rules predict limit-ups. It cautions that the method may overemphasize short-term moves, rely too heavily on isolated indicators, and have an insufficient test period. Suggested improvements include longer validation and broader fundamental, technical, volume-price, and sector analysis. The indicator definitions and example code are platform-dependent and would need clarification before replication.
Key ideas
- The screen combines amplitude, a controlling-shareholder measure, and exclusion of ST-designated shares.
- It applies a five-part limit-up method to choose five stocks before 10 a.m.
- The document provides example implementations but no measured performance results.
- It warns about short horizons, dependence on a narrow set of indicators, and inadequate validation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.