Screening Chinese Stocks with Intraday MACD, Amplitude, and Profitability

Summary

The document outlines a stock screen combining three conditions: price amplitude above a stated threshold, a shortening negative MACD histogram on a 15-minute chart, and a market capitalization limit paired with positive earnings. It interprets the amplitude filter as a way to find more volatile shares and the histogram condition as a possible early sign of a change in direction. The profitability and size filters aim to select smaller companies with positive earnings. It includes sample screening formulas and a Python workflow using Chinese market data tools, though the examples do not provide actual selected stocks or performance results.

The stated limitation is that excluding larger firms may omit industry leaders and concentrate the screen in small and mid-cap stocks. The document recommends adjusting thresholds for industry and company size and considering fundamentals alongside technical conditions. It does not establish that the MACD pattern predicts a reversal or that the screen is profitable; the examples also leave implementation details and validation methods unspecified.

Key ideas

• The proposed screen combines a price-amplitude filter with a 15-minute MACD histogram condition.
• The earnings and market-cap filters aim to focus on profitable smaller companies.
• The MACD condition identifies a shortening negative histogram as a possible change in price behavior.
• Excluding larger companies can concentrate results in smaller firms and omit industry leaders.
• The document provides sample formulas and code but no evidence of returns or predictive accuracy.

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