Chinese Stock Screen Using Limit-Up Frequency, MACD, and Amplitude

Summary

This Chinese equity screen selects stocks with amplitude above 1, positive daily MACD, and more than two limit-up sessions during the latest ten trading days. The article proposes running the filter before the market opens and interprets repeated limit-ups as evidence of short-term strength and market attention. MACD and amplitude add trend and movement conditions to that activity filter.

The article supplies a formula and a compact selection expression, but it presents no backtest, simulated-trading results, or performance evidence. The formula is internally unclear: its variables are described as including market capitalization and closing prices, while the narrative’s amplitude requirement is not clearly represented. The example also compares a high-limit field across days, which may not correctly count actual limit-up events. The author notes that the method is exposed to shifting market themes and lacks fundamental and financial analysis, and suggests adding more stable indicators and sector context. The signal definitions need clarification before the screen can be evaluated.

Key ideas

• The proposed filter requires amplitude above 1, positive daily MACD, and more than two limit-up days over ten sessions.
• The article treats limit-up frequency as a proxy for short-term attention and strength.
• The supplied formula and example do not clearly or consistently encode all of the stated conditions.
• No validation results are reported, and the author recommends adding fundamental and sector analysis.

Tags

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