Chinese Stock Screening with Moving-Average Confluence, Bollinger Bands, and MACD

Summary

This post outlines a Chinese stock screen combining at least five overlapping moving averages, a close above the Bollinger middle band but below the upper band, and a 15-minute MACD histogram whose negative bars are shrinking. It presents these conditions as technical filters for trend, price position, and improving short-term momentum, then says that fundamentals and longer-term direction could be considered as additional filters. A Python example is also included.

The article offers no backtest, market comparison, or evidence that the combined rules predict returns. It acknowledges that the approach relies on technical data and short-term signals, which may not fit a longer investment horizon or identify fundamentally sound companies. There are also internal inconsistencies: the prose and code do not agree on Bollinger Band boundaries, and the final screening description adds fundamental and trend filters not defined in the initial rules. Those details require clarification before implementation.

Key ideas

• The proposed screen requires at least five overlapping moving averages.
• It combines Bollinger Band positioning with a shrinking negative MACD histogram on a 15-minute interval.
• The post suggests adding fundamental and long-term trend filters.
• It provides no performance results or evidence of predictive value.
• The written rules and sample code conflict on band conditions and other details.

Tags

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