Screening Stocks with Range, KDJ, and a Recent Bullish Cross
Summary
This document outlines a technical stock screen combining three conditions: price amplitude above a threshold, a KDJ-related value below a threshold, and a recent bullish KDJ crossover. It characterizes the resulting picks as volatile, short-term opportunities with speculative risk. It offers example implementations in formula-style syntax and Python, and suggests broadening the screen with fundamental and market context, additional indicators, and a crossover persistence condition.
No historical test, performance data, or benchmark comparison is supplied, so the screen’s predictive value is unestablished. The text warns that technical signals can be inaccurate when market conditions shift, and that a short or medium horizon indicator may conflict with the longer-term trend. The implementation details also leave room for interpretation: the precise meaning and units of “amplitude” and the KDJ condition are not fully reconciled across the description and examples. The proposed additions are suggestions rather than tested improvements.
Key ideas
- The screen combines a price-amplitude threshold, a low KDJ-related reading, and a recent bullish crossover.
- The document frames the picks as speculative and potentially sensitive to market conditions.
- It suggests adding fundamental context, other indicators, and persistence checks for the crossover.
- No backtest or evidence of predictive performance is presented.
- The examples do not fully clarify how the stated thresholds map to the described indicators.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.