Stock Screening with Amplitude, Rounded Price Action, and a Weekly MA Crossover
Summary
This stock-screening proposal combines three conditions: price amplitude above a stated threshold, a rounded or gradual price pattern, and a weekly five-period moving average crossing above the ten-period average. The accompanying formula also imposes a 60-period range condition relative to an earlier 30-period range, plus several timing and data filters. The author presents the amplitude and rounded-pattern conditions as ways to seek active but comparatively gradual price movement, while the weekly crossover is used as a trend signal.
The post offers a screening formula but no backtest, trade records, benchmark, or performance measurements. It cautions that technical signals can overlook company fundamentals and broader economic conditions, and recommends combining technical and fundamental screening with risk controls. The meaning and implementation of the rounded-shape condition and the effect of the additional formula filters are not examined, so the proposal should be treated as an unvalidated selection rule rather than evidence of an effective strategy.
Key ideas
- The screen combines an amplitude threshold, a rounded price pattern, and a weekly moving-average crossover.
- The formula adds price-range, timing, and data-related filters beyond the headline conditions.
- The post suggests combining technical signals with fundamental and market-context assessment.
- No backtest or trading results are provided to establish the screen’s effectiveness.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.