Weekly MA Crossover and Positive MACD Histogram Stock Screen

Summary

This Chinese stock screening idea combines three technical conditions: price amplitude above the stated threshold, a weekly five-period moving average crossing above the ten-period average, and a positive histogram derived from MACD. The note explains that the screen is intended to find stocks with price movement and a strengthening trend. It also includes reference formulas and Python-like sample logic for calculating the indicators and filtering a stock list.

The document gives no backtest results or evidence that the conditions predict returns. It cautions that the screen omits company fundamentals and cannot protect against market-wide price changes. It suggests adding fundamental data or news and adjusting filters to market conditions. The sample code’s calculations do not fully match the headline conditions, so an implementation would need to reconcile the weekly crossover and amplitude definitions before use.

Key ideas

• The screen requires price amplitude above a threshold and a weekly five-period moving average crossing above the ten-period average.
• A positive histogram derived from MACD is used as an additional trend condition.
• The note supplies indicator formulas and sample selection logic but no performance evidence.
• It flags the omission of fundamental information and exposure to broader market moves.

Tags

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