A Chinese Stock Screener Using Moving Average Crossovers and Turnover

Summary

The document proposes a short-term stock selection rule that combines price movement, moving average conditions, and turnover-related data. Its written logic calls for amplitude above a threshold, three moving averages to cross upward in sequence, and a ratio using the prior day’s turnover rate, current auction volume, and prior volume to fall within a specified range. It presents this as a way to screen for stocks with both price movement and a selected level of trading activity. The article also suggests adding market trend and fundamental information to broaden the analysis.

The material is an informal strategy sketch, not a validated system. It reports no backtest or live results, and its accompanying code does not clearly implement every stated condition: it checks moving average ordering rather than explicit sequential cross events, and its data field descriptions may not match the intended auction volume or turnover inputs. The author cautions that short-term indicators and simple volume comparisons can produce misleading selections. Data definitions, timing, and formula behavior should be checked before treating the screen as executable.

Key ideas

• The proposed screen combines amplitude, moving average crossover conditions, and turnover-related volume comparisons.
• The written selection logic uses prior turnover and volume alongside current auction activity.
• The article recommends considering broader market trends and fundamentals to complement technical conditions.
• The accompanying code appears not to match all of the stated crossover and data conditions.
• No backtest or live performance evidence is provided, and the author warns that short-term signals can mislead.

Tags

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