A-Share Screen for Positive MACD and Simultaneous Moving-Average Crosses

Summary

This document describes a daily pre-open screen for Chinese stocks priced below 12 yuan. It requires MACD to be above zero and three moving-average crossover conditions to occur together: the 5-day average crosses above both the 10-day and 20-day averages, while the 10-day average crosses above the 20-day average. It includes example indicator formulas and Python-style screening logic, but does not report a backtest or measured performance.

The post argues that combining trend signals with a price ceiling may narrow the candidate list, while warning that technical indicators can fail when market conditions change. The price filter may also make selection overly dependent on one factor, and low trading volume can make crossovers unreliable. Suggested refinements include adding fundamental measures, testing other indicator combinations, and adjusting thresholds. The source provides an outline rather than a fully validated strategy; its sample code also depends on current data interfaces and does not establish that the signals predict returns or control risk.

Key ideas

• The screen requires MACD to be above zero and the share price to be below 12 yuan.
• It combines three simultaneous crossovers among 5-day, 10-day, and 20-day moving averages.
• The document proposes running the selection before each trading day's open.
• The author warns that changing market conditions and low liquidity can undermine technical signals.
• No backtest results or evidence of profitability are provided.

Tags

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