Screening Stocks with High Amplitude, MACD Strength, and Main-Fund Control
Summary
The proposed Chinese stock screen selects shares with an amplitude above 1, MACD above its zero line, and an indicator interpreted as main-fund control on the previous day. The text treats larger amplitude as a sign of volatility, positive MACD as a buy signal, and the control condition as evidence of active large-investor interest. It also provides formula references for these conditions.
The screen is presented as a way to identify stocks with activity and upward momentum, but no backtest, performance figures, or validation is supplied. The document warns that it omits company fundamentals and industry outlook, and that the prior-day fund-control test may be subjective and prone to misclassification. It suggests adding fundamental and industry analysis and refining the control proxy with abnormal fund flows and trading volume. The listed code is an implementation reference, not evidence that the strategy works.
Key ideas
- The screen combines amplitude above 1, MACD above zero, and a prior-day main-fund control condition.
- The article interprets the amplitude filter as a volatility measure and positive MACD as an upward signal.
- It identifies subjective classification of main-fund control as a source of false signals.
- Fundamentals, industry outlook, abnormal flows, and volume are suggested as additional checks.
- No empirical performance results are provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.