A-Share Screen Using Turnover, the 10-Day Average, and Weekly MACD

Summary

This A-share screening idea combines a turnover range of 3% to 12%, an opening price near the 10-day moving average, and a positive weekly chart signal described as a red bar. The article frames these filters as a way to find liquid, actively traded stocks whose short-term price is near its recent average while the weekly trend appears constructive. Its formula specifies an opening price within 5% of the 10-day average.

The post includes indicator formulas and illustrative code, but reports no backtest, live results, benchmark, or sample period performance. The code’s implementation does not fully match the prose: it uses turnover quantiles and median prices, and substitutes a MACD crossover for the weekly red-bar condition. The screen also omits company fundamentals and sector context, and the author notes that the trend signal can be unreliable. Treat it as a screening hypothesis that needs precise definitions and independent testing.

Key ideas

• The screen requires turnover between 3% and 12% and an opening price within 5% of the 10-day moving average.
• A positive weekly bar is intended to indicate a constructive trend.
• The supplied code uses turnover quantiles and median prices, which differ from the stated screening rules.
• The code uses a MACD crossover as a proxy for the weekly signal.
• The article provides no performance evidence and suggests adding fundamental measures.

Tags

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