Chinese Stock Screening with Amplitude, Opening Gain, and MACD

Summary

This post proposes screening Chinese stocks for amplitude above one, a 9:25 price gain below six percent, and MACD above its zero line. The rationale is to combine a volatility condition and a limit on the early-session move with a positive MACD reading. The article provides an indicator formula and a Python example that fetches market data and applies these filters.

The material presents a candidate selection rule rather than evidence of a profitable strategy: it reports no backtest, trading results, benchmark, or complete entry and exit plan. It notes that the filters may overlook longer-term direction and company fundamentals, and suggests adding other technical measures and refining the volatility calculation. The implementation examples use different data constructions and may not reproduce the stated conditions exactly, so the screen would need careful validation before use.

Key ideas

• The screen combines amplitude above one, a 9:25 gain below six percent, and positive MACD.
• The stated intent is to filter for volatility, restrained early gains, and positive momentum.
• The post includes sample formulas and data-fetching code but no performance evidence.
• It cautions that short-term indicators may miss longer-term trends and fundamentals.
• The examples should be checked for consistency with the described conditions.

Tags

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