Screening Chinese Stocks by Weekly MACD, Range, and Daily Gain

Summary

The document describes a technical screen for stocks using three conditions: daily amplitude above 1%, weekly MACD above zero, and an opening gain between -5% and 2.6%. It interprets amplitude and the gain range as measures of market activity, while weekly MACD is used to indicate trend and momentum. The article gives indicator formulas and sample implementation references, but these are not accompanied by a backtest or performance evidence.

The method is presented as an initial shortlist rather than a complete investment process. The author notes that it omits company fundamentals and financial condition, and that market moves remain unpredictable. Suggested extensions include adding technical, fundamental, and capital-flow measures, adapting the screen to market conditions, and applying stop-loss and other risk controls. The article does not specify portfolio construction, trade timing, or empirical validation, so its claims about potential should be treated as hypotheses.

Key ideas

• The screen requires daily amplitude above 1% and weekly MACD above zero.
• It restricts the opening price change to a range from -5% to 2.6%.
• The article offers formulas and implementation examples but no performance testing.
• Fundamental information, capital flows, and explicit portfolio rules are absent from the core screen.
• The author recommends adapting criteria and adding risk controls before using the screen.

Tags

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