Chinese Stock Screening with Amplitude, Control, and MACD Crossovers

Summary

This stock-selection recipe screens for shares with amplitude above 1 and a daily control measure above 21, then requires three technical indicators to show simultaneous golden crosses. The article describes amplitude and the control measure as proxies for volatility and capital activity, while crossover signals are intended to capture price direction and market expectations. It offers example implementations in a Chinese stock-screening formula and Python, using MACD-related series for the crossover condition.

The article warns that changing price behavior can disrupt indicator signals and that frequent crossovers may select risky shares. It suggests adding other technical or fundamental inputs, checking data quality, tuning conditions, and diversifying. No backtest, return, or risk statistics are reported. The text also uses different crossover specifications across its examples, so the exact signal definition would need to be resolved before implementation; its broad screening rationale alone does not establish predictive value.

Key ideas

• The screen combines an amplitude threshold and a daily control measure with simultaneous technical crossover signals.
• The examples express the crossover condition using MACD-related lines.
• The article identifies unstable market behavior and frequent crossover signals as risks.
• It recommends data checks, additional screening inputs, parameter review, and diversification.
• No performance evidence is provided, and the example signal definitions differ.

Tags

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