Chinese Stock Screening with Rounded Price Action and Weekly MACD

Summary

This post proposes a Chinese stock screen that combines amplitude above a stated threshold, a rounded price pattern, and weekly MACD above its zero line. It presents the rounded pattern as a way to favor more gradual price movement and treats the weekly MACD condition as evidence of upward trend direction. A technical formula is included, but no Python implementation is provided.

The author notes that indicator-driven selection omits company fundamentals and broader market conditions, while weekly MACD may lag and delay signals. Suggested refinements include incorporating financial and market information, adding longer-term trend measures, and adjusting indicator parameters. The post provides no backtest, performance statistics, or operational rules for entry, exit, and risk sizing, so the proposed screen should be understood as an outline rather than a demonstrated strategy.

Key ideas

• The screen combines amplitude, a rounded price formation, and weekly MACD above zero.
• The author associates the rounded pattern with smoother price movement and the MACD filter with an upward trend.
• The post identifies indicator lag and omission of fundamentals as key limitations.
• It suggests adding broader market and financial information and considering longer-term trend signals.
• No implementation in Python or performance evidence is supplied.

Tags

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