Screening Chinese Stocks with Short-Term MACD and Limit-Up Activity

Summary

This document describes a Chinese equity screen combining three conditions: daily price amplitude above 1, at least one limit-up event in the prior month, and a shortening MACD green histogram on a 15-minute chart. It frames the combination as a way to find shares with elevated movement and recent market attention alongside a possible short-term momentum shift.

The article gives a formula reference and Python example, but they do not cleanly implement the stated rules: the formula mixes daily highs and lows with a MACD difference, while the example uses other price filters and a histogram proxy. No performance results or validation are reported. The author notes that short-interval MACD can be noisy and unstable, and suggests checking longer timeframes or additional indicators. The screen is therefore a preliminary selection idea, with thresholds and implementation details requiring careful verification.

Key ideas

• The screen combines price amplitude, recent limit-up activity, and a 15-minute MACD signal.
• A shortening negative MACD histogram is treated as a possible short-term technical turn.
• The article supplies example formulas and code, but their conditions do not consistently match the stated screen.
• Short timeframes may produce noisy signals, and the document offers no backtest evidence.

Tags

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