Stock Screening with Amplitude, MACD, and a Fresh KDJ Golden Cross

Summary

This stock screen combines three technical conditions: amplitude above 1, MACD above the zero line, and a newly formed KDJ golden cross. The document interprets amplitude as a sign of price movement, positive MACD as evidence of a favorable trend, and the KDJ cross as a possible near-term rise. It also provides example indicator logic for expressing the conditions in a screening formula and in Python-like form.

The material offers no backtest, sample period, benchmark, or performance evidence, so it does not establish that the screen is profitable. It warns that KDJ can produce false signals and recommends adding technical or fundamental filters, alongside risk controls and position sizing. The sample implementation is illustrative and does not explain data handling or validate its indicator calculations; the screen should therefore be treated as a proposed selection rule rather than a tested strategy.

Key ideas

• The screen selects stocks with amplitude above 1, MACD above zero, and a fresh KDJ golden cross.
• The document treats the three conditions as signals of volatility, trend direction, and possible short-term price strength.
• It provides example logic for implementing the screen in a stock-selection workflow.
• KDJ can generate false signals, and the document gives no performance test for the combined rule.
• The author recommends adding other indicators and using risk controls and position sizing.

Tags

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