Chinese Stock Screening with Amplitude, Listing Age, and MACD

Summary

This Chinese A-share screening idea combines three filters: daily price amplitude above a threshold, a minimum time since listing, and a MACD condition above the indicator’s zero axis. The article explains that amplitude is calculated from the day’s high and low relative to the close, and it uses the relationship between MACD’s DIFF and DEA lines as a practical signal. Its Python example applies a one-year listing-age filter and checks whether DIFF exceeds DEA, alongside the amplitude screen.

The rationale is to find established stocks with recent price movement and a bullish trend signal. The article also flags key limits: the screen omits company fundamentals, relies on a narrow set of criteria, and may react late because MACD is lagging. It suggests adding financial measures and other technical indicators, but provides no backtest results or evidence that the proposed filters predict returns. The stated thresholds and code example should therefore be treated as a starting point, not a validated strategy.

Key ideas

• The screen requires daily amplitude above a threshold and a minimum listing age.
• It uses a bullish MACD relationship, with DIFF above DEA, as a trend filter.
• The example uses a one-year listing-age requirement and checks the latest MACD values.
• The article warns that MACD can lag and that the filters omit company fundamentals.
• It offers no performance results validating the screen.

Tags

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