Equity Screen Combining Volatility, Weekly MACD, Limit-Ups, and Fundamentals

Summary

This Chinese-language post describes an equity screen using amplitude above a threshold, a positive weekly chart signal, and at least two limit-up events within a 500-day lookback. It presents these conditions as a way to find volatile stocks with upward movement and signs of market interest. The proposed final version adds valuation and profitability filters: price-to-earnings below 30, price-to-book below 3, and return on equity above 10%. The examples refer to weekly MACD and use price behavior to identify limit-up events.

The author warns that technical and sentiment filters may favor short-lived moves and overlook industry and company fundamentals; restrictive criteria may also exclude potentially good stocks. Fundamental screening and broader analysis are proposed as improvements. The post supplies formulas and sample code, but no backtest or evidence of profitability. The selection criteria therefore describe a candidate-screening method, not a demonstrated trading strategy.

Key ideas

• The screen combines amplitude, a positive weekly MACD signal, and repeated limit-up events over a historical window.
• The proposed final filter adds valuation limits and a minimum return on equity.
• The author warns that market-sentiment filters may select short-lived price moves.
• Strict criteria can exclude stocks that might otherwise be attractive.
• The post provides implementation examples but no performance evidence.

Tags

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