A-Share Screen Using Turnover, KDJ Crossovers, and MACD Histogram Changes
Summary
This A-share screening proposal combines a turnover range of 3% to 12% with a newly formed KDJ golden cross and a shortening MACD green histogram on a 15-minute chart. The stated rationale is to focus on actively traded stocks, use KDJ as a signal of possible upward momentum, and watch for a pullback that may be losing strength as a potential entry setup.
The document provides indicator rules and illustrative screening code, but no backtest, performance results, or evidence that the signals predict returns. It also includes a caveat that technical and activity measures can omit company fundamentals and may not react quickly to changing prices. Suggested extensions include adding valuation measures and monitoring market conditions, but no evaluation of those additions is supplied. The code example appears to use daily data for its MACD and KDJ checks, so it does not clearly implement the stated 15-minute MACD condition; the screening details should be reconciled before use.
Key ideas
- The screen limits candidates to stocks with turnover between 3% and 12%.\nA newly formed KDJ golden cross is used as a possible upward-momentum signal.\nA shortening green MACD histogram on a 15-minute chart is intended to identify a pullback that may be easing.\nThe document provides no performance evidence, and its code example does not clearly match the stated 15-minute MACD timeframe.\nThe author notes that technical screening may overlook fundamentals and changing market conditions.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.