Screening Chinese Stocks by Daily Range and Rising Moving Averages

Summary

This Chinese-language post outlines a stock screen combining a daily high-low range greater than one percent, a 2021 date filter, and upward-moving trend measures. The provided formula expresses the range condition using the day’s high and low relative to the low, then checks that the date is in 2021 and that both MACD lines are rising versus the prior observation. The Python example instead calculates 10-day and 20-day moving averages, selecting observations where the shorter average exceeds the longer one and is itself rising.

The post presents selected stocks as candidates for a watch or investment pool, not as automatic buy signals, and offers no backtest results or performance evidence. It warns that rising indicators may reflect only a short-lived move and that larger daily ranges come with greater price variability. It suggests combining indicators and defining stop-loss and take-profit levels, but gives no tested rules for doing so. The distinct formula and Python definitions of trend direction also mean that implementations may produce different selections.

Key ideas

• The screen combines a daily range threshold with a 2021 date condition and rising trend measures.
• The formula uses rising MACD lines, while the Python example uses 10-day and 20-day moving averages.
• The Python rule requires the shorter average to exceed the longer average and to be rising.
• The post treats qualifying stocks as candidates rather than presenting a complete entry and exit system.
• It identifies short-term reversals and high variability as risks and provides no performance results.

Tags

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