Chinese Equity Screen Using Range, Weekly MACD, KDJ, and Float Size

Summary

The document outlines a Chinese equity screening rule combining daily price amplitude above a threshold, a positive weekly MACD reading, a rising KDJ K value, and a specified range for circulating market capitalization. It describes amplitude as a measure of price fluctuation, the weekly MACD condition as a positive technical signal, and the KDJ change as an indication of short-term direction. It includes example formulas for a domestic screening platform and partial Python pseudocode showing how to retrieve prices, calculate indicators, query market capitalization, and select stocks.

The author warns that the screen relies on technical data and does not initially account for fundamentals, and that it may select risky, volatile stocks. The examples are references requiring adaptation; the document provides no backtest, benchmark, transaction-cost analysis, or performance evidence. It suggests adding fundamental and auxiliary technical measures, but does not demonstrate that these changes improve results.

Key ideas

• The proposed screen combines daily amplitude, weekly MACD direction, rising KDJ K, and a circulating-capitalization range.
• The page gives both platform-specific formula examples and partial Python implementation guidance.
• The author identifies the lack of fundamental inputs and potential exposure to volatile stocks as risks.
• No backtest or performance comparison is supplied, so the screen’s effectiveness is unestablished.
• Any implementation requires checking indicator definitions, data availability, and market-specific assumptions.

Tags

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