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A-Share Screen Combining MACD, Stock Heat, and Revenue Growth

Article SuperMind
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Summary

This proposed daily stock screen selects shares with MACD above its zero line, ranks candidates by market attention, and keeps companies whose revenue in 2021 was more than 1.1 times revenue in 2018. It describes MACD as a short-term trend measure, stock heat as a proxy for investor attention, and revenue growth as a basic company-growth filter. The post includes reference formulas and sample Python for calculating MACD and ranking candidates.

The article offers a rationale, not evidence of performance: it reports no backtest, returns, or risk-adjusted results. It warns that technical signals and market attention can distract from asset quality, and that financial data may be noisy. Its sample code also does not fully establish a reproducible workflow, and the text’s separate ROE formula does not match the revenue-growth rule. Suggested refinements include adding indicators and using measures such as profit or EPS growth.

Key ideas

  • The proposed screen requires MACD to be above zero and ranks eligible stocks by attention.
  • It filters for 2021 revenue exceeding 2018 revenue by a factor greater than 1.1.
  • The post proposes running the selection after each trading day’s close.
  • It provides indicator formulas and illustrative code, but no performance evidence.
  • The article cautions that technical and financial filters can be noisy and incomplete.

Tags

EquitiesTechnical indicatorsMomentumChina marketsBacktesting

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