A Chinese Stock Screen Combining Positive MACD and Price Filters

Summary

This article sketches a Chinese stock-selection rule using MACD and price conditions. It describes screening for MACD above the zero line, a price below 12 yuan, and also states a share-price condition of 18.5 yuan. It says the scan is intended to run before 10 a.m. on each trading day. Example formula and Python snippets are included, with the Python example checking whether the MACD value is positive and testing price fields.

The conditions are internally inconsistent: a price cannot be both below 12 yuan and equal to 18.5 yuan at the same time. The article also gives limited and conflicting descriptions of the MACD rule, so its examples do not resolve the intended screen. It cites no backtest, performance evidence, or specific universe construction. Its general caveats include volatile results and potentially too few candidates; it suggests adding indicators and assessing investability and risk, but does not specify a validated method.

Key ideas

• The proposed screen combines a positive MACD condition with price filters for Chinese stocks.
• The article specifies both a price below 12 yuan and a price equal to 18.5 yuan, which cannot both hold.
• It describes running the screen before 10 a.m. on trading days and includes formula and Python examples.
• No backtest or performance evidence is provided, and the intended rule remains unclear.

Tags

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