Screening Chinese Stocks with Intraday Range, Weekly MACD, and Control Signals

Summary

This post presents a Chinese equity screen combining daily amplitude above a threshold, a positive weekly MACD histogram, and a positive daily control indicator. It gives example implementations in a charting formula language and Python, where the conditions are combined to produce a list of candidate stocks. The post also suggests adding other technical filters and applying risk controls when evaluating the candidates.

The material describes screening rules rather than a fully specified trading system: it does not define entry, exit, or position-sizing rules, and it offers no backtest or performance evidence. Its commentary acknowledges that the indicators may fail under changing market conditions and that the control measure can misclassify stocks. The example code is presented as a reference requiring adaptation, so its data definitions and threshold conversions should be checked against the chosen platform before use.

Key ideas

• The screen combines daily amplitude, a positive weekly MACD histogram, and a daily control measure.
• The post provides example formulas and Python-style screening logic.
• It recommends adding filters and risk controls when assessing candidates.
• The document supplies no performance evidence and warns that signals can be unreliable across market conditions.

Tags

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