Stock Screening with Amplitude, Control, and Positive MACD

Summary

This document describes an equity screen combining price amplitude above 1, a daily control indicator above 21, and a positive daily MACD. It presents these conditions as a way to identify stocks with technical support and provides sample implementations for a Chinese trading platform and Python-style workflow.

The author recommends broadening the screen with indicators such as RSI and company measures such as valuation or return on equity, alongside position controls and stop-loss or profit-taking rules. The document gives no backtest, performance figures, or evidence that the conditions predict returns. It also notes that technical signals can underperform, omit fundamental and market context, and expose investors to risks from relying too heavily on indicators. The examples contain inconsistent-looking indicator logic, so implementation details should be checked before use.

Key ideas

• The screen combines amplitude, a control measure, and positive daily MACD.
• The document suggests adding other technical and fundamental filters.
• Position controls and exit rules are proposed as risk-management additions.
• No empirical performance evidence is provided, and the sample logic needs validation.

Tags

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