Stock Screening with Amplitude, Low K-Line Values, and Trend Confirmation

Summary

This document presents a stock screen combining amplitude above 1, a K-line value below 20, and a condition described as the start of a major upward move. It characterizes the low K-line value as an oversold signal and the final condition as evidence that an uptrend has begun. The accompanying formula adds trend and momentum checks: price relative to a short moving average and a PBX measure, MACD alignment, and price above the parabolic SAR.

The article includes both an indicator formula and a Python example using moving averages, MACD, PBX, and SAR. However, it does not provide a backtest, measured results, or a precise definition of the original K-line and major-rise conditions; the implementation therefore does not clearly verify those stated filters. It warns that indicators can stop working as market conditions change, may not suit every industry, and omit company fundamentals. It suggests adding fundamental and money-flow data and adjusting indicator weights and the stock universe, but provides no evidence that these changes improve outcomes.

Key ideas

• The stated screen combines amplitude above 1, a K-line value below 20, and a major-uptrend start condition.
• The example implementation checks moving-average, MACD, PBX, and parabolic SAR conditions.
• The document does not show that the code implements every element of the stated screen.
• No backtest or performance results are provided.
• The article identifies changing market conditions and missing fundamental analysis as limitations.

Tags

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