A-Share Screening with Turnover and Positive Daily MACD

Summary

This post describes a simple daily stock screen for mainland Chinese A-shares. It selects stocks with turnover between 3% and 12%, excludes Beijing-listed shares, and requires daily MACD to be positive. It also mentions checking other technical signals and company or industry information before making a final selection. The post offers a formula reference and a sample implementation outline, but does not provide a tested backtest or performance evidence for the screen.

The author cautions that the method relies mainly on technical data and may be sensitive to market style. A positive MACD reading does not guarantee that a stock is rising, and the screen may overlook fundamental risks. The sample code and formula are presented as references, so they do not establish that the implementation correctly applies the stated filters or handles data issues. Treat the criteria as a screening idea that requires validation, careful signal definitions, and broader risk assessment before use.

Key ideas

• The screen requires daily turnover between 3% and 12%.
• It excludes Beijing-listed A-shares and keeps stocks with positive daily MACD.
• The post suggests adding other technical indicators and fundamental checks.
• A positive MACD reading alone does not establish that a stock is in an uptrend.
• The document provides no backtest results demonstrating the screen’s performance.

Tags

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