A-Share Screen Using Positive MACD, Low Price, and Moderate Turnover

Summary

This note outlines a daily A-share screen that looks for MACD above zero, a share price below 12 yuan, and turnover between 2% and 9%. The accompanying formula also compares recent turnover readings, while the explanatory text presents turnover as a way to filter for trading activity. Sample indicator formulas and Python code illustrate how the screen might be assembled from price and volume data. No historical performance, benchmark comparison, or other evidence of effectiveness is provided.

The document identifies market volatility and inaccurate source data as risks. It suggests adding technical or fundamental measures and adjusting thresholds for different market conditions. The sample implementation is explicitly illustrative and would require checking its data fields and calculations. The screen also leaves portfolio selection, entry and exit timing, and risk limits unspecified, so it is not a complete trading system.

Key ideas

• The candidate criteria include MACD above zero, price below 12 yuan, and turnover between 2% and 9%.
• The example formula adds a comparison of recent turnover values.
• The note cites market volatility and data accuracy as key risks.
• It recommends adapting the filters and considering additional indicators.
• No backtest or realized trading results are reported.

Tags

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