Chinese Stock Screen Using Weekly MACD and Trading Activity

Summary

This Chinese stock-selection post describes a screen combining daily price range, a positive weekly MACD condition, and a minimum prior-day trading amount. Its example implementation expresses the range as a percentage of the low and checks MACD values, while the accompanying indicator formula uses a weekly MACD signal and a moving average of volume as a proxy for trading amount. These details make the implementation less exact than the verbal rules suggest.

The post gives no backtest, return series, or evidence that the screen predicts future performance. It warns that sentiment, funding conditions, and policy changes can move prices against expectations, and suggests adding financial measures or refining the liquidity test by time of day. The rules are presented as a starting point for stock selection, so the choice of data fields, market universe, and signal timing would need careful validation before use.

Key ideas

• The screen combines a daily range threshold with a positive weekly MACD condition.
• It also requires sufficient prior-day trading activity, although the examples use differing liquidity calculations.
• The post supplies implementation sketches but reports no performance evidence.
• Market sentiment, funding conditions, and policy shifts may undermine the screen.

Tags

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