Chinese Stock Screen Using MACD, Amplitude, and 10-Day Return

Summary

This stock-selection example combines three daily conditions: amplitude above 1, MACD above zero, and a positive 10-day return below 35%. It proposes screening before each trading day’s open and selecting stocks that meet all conditions. The stated rationale is to favor stocks with positive recent performance and a positive MACD reading while requiring a minimum level of price movement.

The document provides formula and Python-style references for expressing the filters, but reports no backtest, trade results, or evidence that the screen is profitable. It cautions that the rules rely on a narrow set of technical and return measures, omit company fundamentals and broader market context, and use a fixed return range that may not adapt to changing volatility. It suggests considering additional fundamental or industry information and thresholds that respond to market conditions. The proposal is therefore a basic screening recipe, not a validated standalone strategy.

Key ideas

• The screen requires amplitude above 1, daily MACD above zero, and a 10-day return between zero and 35%.
• All three filters are intended to be applied together before the market opens.
• The examples show how to express the conditions in platform-oriented formulas and Python-style syntax.
• The source provides no performance tests and warns that fixed thresholds and omitted fundamentals create risk.

Tags

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