A-Share Screen Combining Turnover, a Ten-Day Average, and KDJ Crossover
Summary
The proposed Chinese equity screen requires turnover between 3% and 12%, an opening price within 5% of the ten-day moving average, and a recently formed KDJ golden cross. The approach combines a trading-activity filter, a short-term price-location condition, and a momentum-style indicator trigger. Formula and Python examples are included to illustrate how the conditions might be applied to historical stock data.
The note cautions that KDJ can fluctuate quickly and that crossover signals may be unreliable in volatile markets. It suggests calculating KDJ on shorter intervals and checking additional indicators such as MACD or RSI. No backtest results or evidence of profitability are presented. The code's cross detection and lag conventions need careful review, and the data retrieval and indicator calculations are not fully specified, so the example should not be treated as a validated trading system.
Key ideas
- The screen combines a 3% to 12% turnover range with an opening price near the ten-day average.
- A recently formed KDJ golden cross serves as the entry screening signal.
- The article recognizes that KDJ crossovers can be noisy, especially in volatile conditions.
- It proposes additional indicators as possible confirmation but offers no measured performance evidence.
- Implementation details, including signal timing and indicator calculation, require verification.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.