A-Share Screening with Turnover, KDJ Crossovers, and Positive MACD

Summary

The document presents a Chinese A-share stock screen combining a turnover-rate band with a newly formed KDJ golden cross and positive daily MACD. The intended rationale is to filter for liquidity, a technical entry signal, and positive trend conditions. It includes example indicator logic and a Python sketch for retrieving stock data and checking conditions, though the sketch’s turnover quantile calculation differs from a simple current-day band and its KDJ and MACD checks are approximations of the stated signal.

The post warns that technical indicators alone omit company fundamentals, market changes, and external risks. It suggests supplementing them with fundamental, industry, valuation, and policy considerations, as well as exit controls. No backtest, returns, or comparison with alternative screens is reported, so the selection logic is a hypothesis rather than demonstrated evidence of an edge.

Key ideas

• The screen requires turnover within a specified range, a fresh KDJ golden cross, and positive daily MACD.
• Its rationale combines liquidity screening with technical entry and trend signals.
• The accompanying example code approximates parts of the stated conditions and may not implement them identically.
• The document provides no performance evidence and cautions that technical signals omit fundamental and external risks.

Tags

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