A Chinese Stock Screen Combining Intraday Range, Auction Activity, and KDJ

Summary

This Chinese stock-selection note describes a screen requiring price amplitude above 1, a turnover-weighted ratio of the current opening-auction volume to the prior day’s volume between 0.5 and 2, and a newly formed KDJ bullish crossover. The intended rationale is to find shares with meaningful price movement and trading activity, alongside a technical signal suggesting upward momentum. It includes an illustrative selection workflow and indicator references, but these are implementation examples rather than evidence of strategy performance.

The note does not report a backtest or measured returns for this screen. It acknowledges that the method uses only a few market and technical variables and can miss other relevant signals. It suggests adding further technical indicators and fundamental information, while also mentioning machine learning as a possible avenue for refinement. These proposals are not tested in the document, and no risk controls or trading rules beyond the screening conditions are established.

Key ideas

• The screen requires price amplitude above 1 and a turnover-adjusted auction-volume ratio between 0.5 and 2.
• It also looks for a newly formed bullish KDJ crossover.
• The stated rationale combines price movement, trading activity, and technical confirmation.
• The note provides no performance test and warns that a small set of indicators may omit important factors.

Tags

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