Stock Screening with Amplitude, Weekly MACD, and Limit-Up Conditions

Summary

The document presents a Chinese equity screening idea combining daily price amplitude above a threshold, a positive weekly MACD histogram, and recent limit-up behavior. It frames these conditions as a way to find active stocks with short-term upward momentum. It also includes partial examples of implementing the screen in two trading environments, though the code shown contains inconsistencies between the stated screening logic and the conditions being checked.

The discussion cautions that selecting stocks after consecutive limit-up sessions can encourage chasing, while volatile names may reverse quickly. It suggests adding volume, moving averages, RSI, fundamental screening, market context, risk controls, and portfolio allocation. These are proposals rather than validated improvements: the document supplies no backtest methodology, return or risk statistics, or evidence that the screen is profitable. Its specific thresholds and limit-up conditions should be treated as an untested screening concept.

Key ideas

• The screen combines price amplitude, a positive weekly MACD histogram, and recent limit-up behavior.
• The proposed conditions aim to identify active stocks with short-term upward momentum.
• The document warns that volatile stocks and recent limit-ups can reverse or encourage chasing.
• It suggests additional indicators, fundamental checks, and risk controls, but does not validate them with results.
• The implementation examples are partial and do not fully align with the stated screening logic.

Tags

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