A-Share Screen Using Turnover, KDJ Crossovers, and Large-Order Inflows

Summary

This Chinese-market stock screen combines a market-capitalization floor with turnover between 3% and 12%, a newly formed KDJ golden cross, and large-order net inflows above 0.05 for at least three consecutive days. The article frames turnover as a liquidity filter, the KDJ crossover as a directional signal, and positive large-order flows as a sign of buying pressure. It includes example formula logic and Python-style reference code for selecting stocks.

The article cautions that the screen omits many fundamental and industry factors, and that large-order net-flow calculations involve subjective choices. It suggests adding valuation or moving-average filters and refining the volume and price-flow measures. The code sample’s calculations do not exactly mirror every stated condition, so an implementation should be checked against the intended consecutive-day rule and crossover definition. No backtest results or evidence of future returns are presented.

Key ideas

• The screen requires market capitalization above 1 billion and turnover from 3% through 12%.
• It looks for a KDJ golden cross and large-order net inflows above 0.05 across at least three days.
• The proposed rationale combines liquidity, a directional indicator signal, and buying-flow information.
• The article warns that fundamentals, industry characteristics, and subjective flow calculations are omitted.
• Its reference code should be checked because its calculations may not match every stated screening condition.

Tags

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