A Stock Screen Combining Turnover, a KDJ Golden Cross, and the 250-Day Average
Summary
The post presents a Chinese stock-selection screen that requires turnover between 3% and 12%, a newly formed KDJ golden cross, and the prior day’s closing price above its 250-day moving average. The rationale combines a liquidity filter, a short-term technical signal, and a long-term trend condition. The page also includes formula and Python examples intended to identify qualifying stocks.
No backtest results or performance evidence are provided, so the screen’s effectiveness is not established. The author notes that the rules omit macroeconomic and company fundamentals, and that a single close above the long moving average does not show whether the trend is persistent or reliable. Suggested extensions include adding industry and fundamental information or other trend indicators. Implementation details in the examples may not precisely match the stated rules, so they should be validated before use.
Key ideas
- The screen requires turnover between 3% and 12% alongside a KDJ golden cross.
- It also requires the previous close to be above the 250-day moving average.
- The rules combine a liquidity condition, a technical signal, and a long-term trend filter.
- The post gives no empirical performance evidence and flags missing macroeconomic and fundamental considerations.
- Additional indicators or industry and company data are suggested as possible refinements.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.