Chinese Stock Screen Using Price Range, Moving Averages, and MACD

Summary

The post presents a Chinese-equity screening rule combining daily amplitude above 1, a closing price crossing above a moving average, and positive daily MACD. It describes these filters as a way to select stocks with movement, an upward price signal, and positive trend momentum. A reference indicator formula and Python example are included. The Python logic adds conditions beyond the headline rule, including a recent price rise and MACD above its signal line, and uses a five-session average as its weekly-average proxy.

The post warns that the screen omits company fundamentals and may produce volatile results. It suggests adding measures such as valuation and dividends, but offers no backtest results or evidence that the proposed filters are profitable. The formula and code are examples rather than a fully validated specification: the wording differs across sections, and data fields or indicator definitions may vary by platform. The screen should therefore be treated as an illustrative technical filter, not an established investment strategy.

Key ideas

• The screen combines an amplitude threshold, a moving-average price condition, and positive MACD.
• The Python example adds a rising-price condition and requires MACD to exceed its signal line.
• The post acknowledges that the screen excludes fundamental information and may have high return variability.
• No performance evidence is supplied, and the rule’s wording and implementation details differ across examples.

Tags

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