Chinese Stock Screening with Recent Three-Board Streaks and MACD
Summary
The document presents a Chinese stock screening rule using price amplitude above 1, a three-consecutive-limit-up condition on the prior day, and MACD above its zero line. It frames amplitude and the recent limit-up streak as signs of active market interest, while a positive MACD reading is treated as evidence of bullish momentum. Example indicator and Python snippets show how the author intends to combine these conditions into a selector.
The article cautions that a technical and market-hotness screen may miss fundamental or company-specific changes, and that MACD can lag or misclassify conditions. It suggests adding fundamentals, industry context, other indicators, volume, capital flows, and valuation measures. These suggestions are not tested in the document, which reports no backtest or measured results. The supplied rule is a screening concept rather than a complete trading system, and the stated risks make clear that the signals alone do not establish a stock’s future performance.
Key ideas
- The proposed screen combines price amplitude, a prior-day three-limit-up streak, and a bullish MACD condition.
- The article interprets the streak and amplitude as possible signs of market interest.
- It warns that technical signals can lag and may overlook fundamentals or stock-specific factors.
- Suggested additions include industry, valuation, volume, capital-flow, and other technical information.
- No backtest or performance evidence is provided for the rule or its proposed extensions.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.