Chinese Stock Screening with Positive MACD, Low Price, and High Relative Volume

Summary

This Chinese equities screen combines a positive MACD condition with a share price below 12 yuan and relative volume between 1.5 and 6, where relative volume is current volume divided by its five-day average. The post describes running the screen before the market opens and gives indicative formulas and Python-style implementation guidance using daily price and volume data.

The method selects candidates; it does not specify entry, exit, portfolio construction, or position sizing rules. The post offers no backtest or performance evidence and warns that data quality and market volatility can affect results. Its code is presented as a reference requiring adjustment to the available data interface, and the stated rationale that volume and price conditions may help identify candidates is not validated by results.

Key ideas

• The screen requires MACD to be above zero and price to be below 12 yuan.
• Relative volume must exceed 1.5 and remain below 6, using a five-day volume average as the reference.
• The post proposes screening before the trading session and provides formula and Python implementation examples.
• It gives no performance evidence, and its parameters may need adjustment for data availability and market conditions.

Tags

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