Screening Stocks with a Morning Star Pattern and Repeated Limit-Ups

Summary

This Chinese equity screening idea combines an amplitude threshold, a morning-star-style candlestick condition, and at least two limit-up moves within a 500-day lookback. The post offers both a platform formula and a Python example that checks moving averages and MACD-related values when identifying the pattern, then counts large daily gains. It frames the filters as a way to find stocks with notable price movement and repeated strong advances, but it supplies no backtest results or measured performance.

The source notes that the screen relies heavily on technical behavior and does not adequately assess fundamentals. It also says that its strict conditions may produce a narrow candidate set. The implementation details are not fully consistent with the verbal description, including how amplitude and limit-up events are measured, so the rule would need careful validation before use. The post recommends incorporating company and industry fundamentals and evaluating the criteria against historical data.

Key ideas

• The screen combines an amplitude condition, a morning-star pattern, and repeated limit-up events over 500 days.
• The example pattern check uses moving averages and MACD-related values.
• The post gives no backtest or measured profitability evidence.
• The source warns that fundamentals are weakly represented and the filter may be overly restrictive.
• Its verbal rules and example implementations require validation for consistency.

Tags

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