Chinese Stock Screen Using Rising Lows and Beverage Trade Data

Summary

The document describes a Chinese equity screening strategy that combines price behavior with a fundamental data condition. It selects stocks with an amplitude reading above one, rising lows, and a positive comparison involving beverage and alcohol import-export data. It also presents indicator conditions involving MACD and Bollinger Bands, plus a sell rule tied to a close below the Bollinger middle band after a specified price pattern. Example implementations are mentioned for a charting platform and Python.

The document offers no backtest results or measured performance to establish that the screen works. It cautions that the chosen fundamental inputs may be incomplete and that broad market moves can hurt its selections. It suggests adding financial measures such as returns and net profit, other technical indicators, or machine-learning methods. The supplied formula and Python example may not implement the described exit rule consistently, so their details would need review before use. The strategy is presented as a screening recipe, not evidence of a validated trading system.

Key ideas

• The screen combines amplitude, rising lows, and a beverage and alcohol trade data condition.
• The examples add MACD and Bollinger Band conditions to the selection process.
• A stated exit rule refers to price falling below the Bollinger middle band after a specified pattern.
• The author warns that incomplete fundamentals and broad market moves can weaken results.
• No performance evidence is provided, and the examples may need validation before use.

Tags

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