MACD and Rounded-Pattern Screening Ranked by Stock Attention
Summary
This document proposes screening A-share stocks whose MACD is above zero and whose price action forms a rounded pattern, then ranking candidates by stock popularity. It says the screen is intended to run after the market opens each day. A Python example sketches minute-price retrieval and MACD filtering, but it does not implement the rounded-pattern recognition step; the article explicitly notes that no formula for that condition is supplied.
The author identifies subjectivity in judging rounded formations, their limited ability to represent a lasting trend, and the possibility that the combined filters produce too few stocks and concentrate risk. Suggested refinements include adding broader indicators, considering industry and fundamentals, and examining other chart patterns. The document supplies no backtest or trading results, and its example code is incomplete, so it describes an idea for a screen rather than a fully specified or validated strategy.
Key ideas
- The proposed screen requires MACD to be above zero and a rounded price pattern to appear.
- Candidates are ranked by stock popularity after the market opens.
- The document does not provide an implemented method for detecting the rounded pattern.
- The author notes that pattern recognition is subjective and that a narrow screen may concentrate risk.
- No backtest evidence or performance results are reported.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.