Screening Chinese Stocks with a Morning Star and High Amplitude

Summary

This post presents a technical stock screen described as selecting 2021 stocks that meet an amplitude threshold and a “morning star” candlestick condition associated with Kute Intelligent. It explains the screen as a way to identify stocks with notable price movement and a bullish reversal pattern. The post includes a platform formula and a Python example that retrieves listed-stock data, excludes ChiNext stocks, and applies simplified candle and range checks to recent daily records.

The post offers no measured returns, benchmark comparison, or validation of the screen. Its Python conditions appear to check only a small number of recent bars and may not reproduce the named pattern or the stated 2021 date restriction exactly. The author acknowledges that technical signals can be unreliable and that historical price behavior does not ensure future results. Suggested refinements include adding industry, sentiment, and financial measures, but these are recommendations rather than tested improvements. Treat the screen as an illustrative selection rule, not an established trading strategy.

Key ideas

• The screen combines a 2021 date condition, a price-amplitude threshold, and a morning-star pattern condition.
• The post gives both a platform formula and a Python example for selecting stocks.
• The code’s simplified candle checks may not fully implement the named pattern or date condition.
• The post provides no backtest results or evidence that the selected stocks outperform.
• It recommends considering industry, sentiment, and financial data alongside technical signals.

Tags

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