Screening Stocks for Weekly Moving Average Crossovers and Rounded Uptrends

Summary

This stock selection approach combines three chart based filters: daily price amplitude above a threshold, a weekly five period moving average crossing above the ten period average, and a rounded upward price pattern. The document also presents formulas for moving averages, a proposed arc measure, and a stochastic oscillator, plus an example implementation that adds oscillator conditions to the screen. These details make the post a practical illustration of turning a technical chart idea into screening rules.

The post offers no backtest results or evidence that the filters predict returns. It cautions that the arc pattern is subjective and may be misclassified, and that the screen omits market conditions and company fundamentals. The code’s daily moving averages do not directly implement the stated weekly crossover, and some listed thresholds and formulas are not fully consistent across the explanation and example. The strategy should therefore be treated as an illustrative screening concept, with its definitions and trading performance requiring independent review.

Key ideas

• The proposed screen combines price amplitude, a weekly moving average crossover, and a rounded upward pattern.
• The example adds stochastic oscillator conditions as further filters.
• The post provides technical formulas and sample screening code but no performance evidence.
• Pattern judgments can be subjective, and the screen omits broader market and company information.

Tags

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