Chinese Stock Screen Combining 15-Minute MACD, Dividend Ratio, and Fund Flow
Summary
The document describes a Chinese stock screen using ranked fund-flow strength, a 2019 dividend ratio above 25%, and a 15-minute MACD histogram whose negative bars are shortening. The MACD condition is presented as a possible sign of improving short-term momentum, while the dividend filter reflects historical distributions. The post later proposes adding a price-above-Bollinger-middle-band condition and RSI above 50, but its final description trails off before fully restating the strategy.
The article supplies qualitative explanations and cautions, but no implementation details, backtest, or measured results. Strong fund flows may reflect temporary activity or distribution by large holders, high payouts may not signal sound finances, and a shortening MACD histogram can give false signals. The added Bollinger and RSI criteria are suggestions rather than demonstrated improvements. The document recommends combining technical and fundamental measures, though it does not show how to test or rank their contribution.
Key ideas
- The initial screen ranks stocks by fund-flow strength.\nIt adds a historical dividend ratio threshold above 25%.\nA shortening negative MACD histogram on a 15-minute interval is used as a short-term signal.\nBollinger middle-band and RSI filters are proposed, but not validated.\nThe article reports no backtest and notes that fund-flow, dividend, and MACD signals can mislead.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.