Chinese Stock Screening by Amplitude, Control, and Rounded Price Shape

Summary

This stock selection idea combines three filters: daily price amplitude above a threshold, an indication of major-player control on the previous day, and a rounded price pattern. The accompanying explanation interprets amplitude as a sign of higher activity and the control measure as a proxy for large-money flows. It suggests the shape filter is intended to favor smoother short-term price movement, but does not define a reproducible formula for recognizing a rounded pattern.

The document includes an illustrative screening script and indicator references, but the code’s conditions do not transparently implement every named criterion. It provides no backtest results or evidence of returns. The author flags subjectivity, narrow technical selection, and disregard for company fundamentals, and suggests combining technical signals with valuation, fundamental analysis, and risk controls. The idea is best treated as an informal screening concept whose criteria need precise definitions and independent validation.

Key ideas

• The screen combines high price amplitude, a prior-day major-player control proxy, and a rounded price pattern.
• The explanation associates amplitude with market activity and the control measure with large-money flows.
• The rounded shape criterion is not specified as a precise, reproducible calculation.
• The example code does not clearly map to every stated screening condition.
• The document notes subjectivity and the omission of fundamentals, and reports no performance testing.

Tags

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