Chinese Stock Screening with Amplitude, Volume, Opening Gap, and MACD

Summary

This Chinese stock screen combines amplitude above 1, current volume above 10,000 lots, an open above the previous close, and a positive MACD reading. The stated rationale is to find actively traded stocks with signs of short-term strength. The article outlines the filters and offers example implementations for a Chinese stock platform and Python, alongside a discussion of indicator and market risks.

The material does not report backtest results or evidence that the screen is profitable. Its descriptions and examples also do not align perfectly: the formula shown uses a close-price condition rather than an explicit MACD test, while the Python example checks volume history and MACD. The article identifies parameter sensitivity, market uncertainty, and noisy signals as limitations, and suggests adding other indicators or fundamental measures. Any use would require clarifying the intended conditions and independently testing them, including how the filters are calculated and when trades are entered.

Key ideas

• The screen combines amplitude, trading volume, an opening gap, and a positive MACD condition.
• The stated purpose is to find active stocks with potential short-term upward momentum.
• The article warns that technical signals depend on parameters and changing market conditions.
• The formula description and code examples differ, so the intended rules need clarification before evaluation.

Tags

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