Stock Screening with Price Range, Rounded Pattern, and 10-Day Average

Summary

This Chinese-language post describes a stock screen combining amplitude above 1, a rounded price pattern, and an opening price near the 10-day moving average. Its formula approximates the rounded-pattern condition by checking the prior close against the five-day low-to-high range, then counts a single opening-price cross above the 10-day average over ten periods. The author presents the combination as a way to consider both volatility and trend context when selecting stocks.

The post gives no backtest, performance statistics, or precise definition of “near” the moving average. Its explanation says the screen balances volatility and stability, but does not establish that these conditions predict profitable trades. It cautions that technical indicators omit company fundamentals and industry context, and that settings may need adjustment as market conditions change. The suggested improvements are to add fundamental and industry analysis and periodically revisit indicator parameters.

Key ideas

• The screen combines an amplitude threshold, a rounded-pattern proxy, and an opening-price relationship to the 10-day moving average.
• The formula uses a five-period price range and counts an opening-price cross above the moving average over ten periods.
• The post does not provide empirical evidence that the screen improves returns.
• The author recommends considering fundamentals and industry context and adjusting parameters as conditions change.

Tags

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