Screening Stocks by Amplitude, MACD, and Float Market Value
Summary
The document proposes a Chinese stock screen requiring amplitude above 1, MACD above its zero line, and circulating market capitalization between 5 billion and 10 billion yuan. It frames these filters as a combination of price movement, a technical trend signal, and company size. Formula and Python examples show how the conditions might be assembled, and the stated MACD parameters are 12, 26, and 9.
No historical test, portfolio results, or evidence of predictive value is supplied. The article acknowledges that relying on a few criteria can omit important influences, and suggests including company finances and industry outlook and weighting factors. There is also an implementation distinction: the prose describes MACD being above zero, while one formula refers to crossing above zero; those conditions are not equivalent. The code examples use different amplitude calculations, so a faithful implementation should define the reference price and threshold convention before screening. The document does not specify when to trade or how to manage risk.
Key ideas
- The proposed screen combines amplitude above 1, positive MACD, and circulating value from 5 billion to 10 billion yuan.
- The example uses MACD parameters of 12, 26, and 9.
- The article recommends adding financial and industry factors to broaden the analysis.
- A MACD level above zero differs from a signal that crosses above zero.
- The examples calculate amplitude differently, and the screen has no reported performance evaluation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.