Weekly MACD and KDJ Golden-Cross Stock Screen

Summary

This Chinese stock-screening note combines daily amplitude above 1, a positive weekly MACD histogram, and a newly formed KDJ golden cross, where the J line moves above the K line. It interprets these filters as selecting relatively volatile shares with short-term upward momentum. The author proposes adding fundamental measures such as valuation ratios and quarterly results to reduce reliance on technical conditions alone.

The document provides example indicator formulas and partial Python screening logic, but no backtest or performance evidence. The examples do not align perfectly with the stated timeframe: the Python snippet uses daily MACD and daily KDJ calculations despite the weekly signal described in the text. The screen also omits fundamentals in its initial rules, and the note acknowledges the possibility of excluding fundamentally strong stocks. Its suggestions are hypotheses for further evaluation, not evidence of trading effectiveness.

Key ideas

• The stated screen combines amplitude, a positive weekly MACD histogram, and a recent KDJ crossover.
• The note interprets the filters as signals of volatility and short-term upward momentum.
• It suggests adding valuation and quarterly fundamental measures.
• The code examples use daily indicator data in places where the described logic specifies weekly signals.
• No performance testing or evidence of profitability is provided.

Tags

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