Chinese Stock Screen Using Turnover, KDJ Growth, and 15-Minute MACD

Summary

This Chinese stock-selection note describes a technical screen combining turnover, KDJ, and MACD signals. It looks for stocks with turnover between 3% and 12%, a rising K line, and a shortening green MACD histogram on a 15-minute interval. The referenced formula adds a filter excluding one industry classification, identified in the text as the STAR Market, while the accompanying Python example checks recent indicator values and returns matching stock codes.

The note argues that combining trading activity and indicators from different time horizons may help identify candidates, but it supplies no performance results or backtest evidence. It warns that narrow filters can leave too few stocks for diversification and that short-interval MACD signals can be noisy. It suggests validating the screen and considering sector and valuation information, though it does not specify a complete portfolio, entry, exit, or risk-management method. The formula and code also differ in some implementation details, so the exact indicator definitions and data frequency would need to be checked before use.

Key ideas

• The screen restricts candidate stocks to turnover between 3% and 12%.
• It requires the KDJ K value to rise from its prior value.
• It looks for a shortening green MACD histogram on a 15-minute interval.
• The referenced formula excludes a particular industry classification, described as the STAR Market.
• The note cautions that strict filters may reduce diversification and short-term MACD signals may be noisy.

Tags

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