Screening Stocks by Range, MACD, and Proximity to the 10-Day Average

Summary

This Chinese-language note proposes screening stocks whose amplitude exceeds 1, whose MACD is above the zero line, and whose opening price is near the 10-day moving average. It interprets the amplitude condition as a volatility filter, MACD above zero as a favorable signal, and proximity to the average as a way to find prices near short-term support or resistance. The formula example defines “near” as within three percent of the 10-day average, using the prior close in the comparison.

The document gives indicator-formula and Python examples, but they are reference snippets rather than a complete, validated implementation. It warns that the screen may fail during sharp market changes and suggests adding technical and fundamental criteria and adjusting the rules. No backtest, performance results, or precise definition of the amplitude calculation's threshold convention is supplied, so the note should be read as a candidate technical screen rather than evidence of an effective strategy.

Key ideas

• The proposed screen combines amplitude above 1, MACD above zero, and price near the 10-day moving average.
• The note treats amplitude as a volatility condition and MACD as a directional signal.
• Its formula example places the prior close within three percent of the 10-day average.
• The author warns that sharp market moves can undermine the selection logic.
• No backtest or performance evidence is provided.

Tags

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