Equity Screening with Rising Lows and Three Consecutive Down Closes

Summary

This stock-screening idea combines daily range, a rising-bottom condition, and three consecutive declining closes. The article also gives a more specific indicator version using trend and Bollinger Band filters, then proposes selling when price or a candle breaks below the Bollinger middle band. It supplies example formulas and Python-style selection logic, but does not report backtest results or performance evidence.

The explanation characterizes the setup as a way to screen equities after a sequence of losses while lows rise, with optional MACD, KDJ, valuation, or other filters. The stated limitations are that the conditions are simple, may miss otherwise attractive stocks, and remain exposed to broad market moves. Some implementation details vary between the prose, formula, and sample code, so the rules would need clarification and testing before use.

Key ideas

• The basic screen combines an amplitude threshold, rising bottoms, and three declining sessions.
• The example formula adds trend and Bollinger Band conditions to the core setup.
• The proposed exit is triggered when price falls below the Bollinger middle band.
• The article supplies implementation examples but no evidence of historical or live performance.
• Broad market moves and ambiguous implementation details limit the screen's reliability.

Tags

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