Chinese Stock Screen Using Amplitude, MACD, and Prior Limit-Up Status

Summary

This document describes a Chinese equities screening rule combining daily price range, MACD, and whether the stock hit its upper price limit the previous day. It selects stocks with amplitude above 1, MACD above zero, and no prior-day limit-up. The accompanying rationale treats larger amplitude as a sign of volatility and MACD above zero as a potentially positive technical signal; excluding prior-day limit-up stocks is presented as leaving room for further adjustment and possible gains.

The article suggests supplementing the screen with company fundamentals, industry context, market sentiment, and capital flows. It supplies example indicator conditions and Python-style pseudocode, but does not report a backtest, performance figures, or execution rules. The code is illustrative and relies on platform-specific functions and data; it should not be taken as a validated implementation. The article also acknowledges that omitting fundamentals and sector factors leaves risks, and its proposed refinements do not establish that the strategy is profitable.

Key ideas

• The screen combines amplitude above 1, MACD above zero, and the absence of a limit-up close condition on the previous day.
• The document interprets amplitude as volatility and positive MACD status as a potentially favorable technical signal.
• It proposes adding fundamental, sector, sentiment, and capital-flow considerations to the selection process.
• The examples provide screening logic but no backtest results or evidence of profitability.

Tags

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