Stock Screen Using High Range, Fresh KDJ Cross, and Rising DEA

Summary

This Chinese stock-selection note combines three technical conditions: intraday amplitude above 1%, a newly formed KDJ crossover, and a rising DEA value from MACD. It gives indicator formulas and code references that define the crossover as newly occurring and compare the latest DEA with its prior value. The author argues that the range filter finds volatile stocks, the KDJ signal may indicate improving sentiment, and rising DEA represents an upward trend. No historical results or performance measurements are supplied.

The note cautions that relying on technical indicators alone omits company fundamentals, policy, and macroeconomic conditions, and says technical analysis cannot replace broader investment analysis. It suggests adding further indicators or fundamental filters and strengthening risk controls. The document is best read as a screen specification rather than a tested strategy: it does not define position sizing, exits, trading costs, or a holding period, and its claims about likely gains are not supported by reported evidence.

Key ideas

• The screen requires amplitude above 1%, a fresh KDJ crossover, and rising DEA.\nThe formulas define the crossover as absent in the previous period and present in the current one.\nThe source presents no backtest or performance evidence for the combined screen.\nIt warns that technical conditions omit fundamental, policy, and macroeconomic factors.\nPosition sizing, exits, and holding period are not specified.

Tags

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