Screening Chinese Stocks with Range and Weekly MACD Filters

Summary

This stock-selection screen looks for Chinese shares with a daily high-low range above one percent of the previous close and a weekly MACD condition above zero, while excluding a set of Beijing-associated stocks by name. The post frames range as a measure of price movement and weekly MACD as a trend filter. It also discusses excluding Beijing stocks as a way to avoid policy-related influences, though it gives no evidence that this improves results.

The post flags missing valuation analysis, the possibility of excluding promising companies, and changing market conditions as limitations. It suggests adding valuation and reviewing whether the regional exclusion remains appropriate. Code examples are provided, but the written description and examples do not clearly align on the exact range calculation or exclusions. No backtest, portfolio construction method, or performance statistics are reported, so the screen should be understood as a rule sketch rather than a demonstrated strategy.

Key ideas

• The screen combines a daily range threshold with a weekly MACD trend condition.
• It excludes selected stocks using name-based rules associated with Beijing.
• The post identifies omitted valuation analysis and changing market conditions as risks.
• The code examples do not fully match the written rule description.
• No performance evidence is provided for the screening approach.

Tags

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