Chinese Stock Screening with Amplitude, RSI, and Limit-Up Counts

Summary

This Chinese equity screening idea combines daily price amplitude above 1%, RSI below 65, exclusion of ST-designated stocks, and a “five-part limit-up” condition. The accompanying indicator references describe counting at least five limit-up events and at least five moving-average gains above 15%. The intended selection is presented as a way to find stocks with recent upward momentum while filtering on amplitude and RSI.

The document offers formulas and sample pseudocode, but it does not define the lookback periods consistently or provide backtest results. Its prose acknowledges that market direction and sector rotation can affect outcomes, and that sample selection and timing can create overfitting or bias. It suggests adding other indicators, fundamental filters, and stop-loss or take-profit rules, but does not test those changes. The formula descriptions and code should be checked before use because their event counts and comparison periods are not fully specified.

Key ideas

• The screen combines amplitude above 1%, RSI below 65, and exclusion of ST-designated stocks.
• The described limit-up filter calls for at least five limit-up events and at least five large moving-average gains.
• Market direction and sector rotation may materially affect the screen's results.
• The document provides no empirical performance evidence, and its lookback definitions require clarification.

Tags

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