Chinese Stock Screening with Positive MACD, Positive P/E, and Weekly MA Cross

Summary

This proposed Chinese equity screen requires MACD to be above zero, the price-to-earnings ratio to be positive, and the weekly five-period moving average to cross above the ten-period average. The screen is intended to run before each trading session. Together, the conditions seek shares with positive momentum, a conventional positive valuation ratio, and a short-term trend turning above a longer-term trend.

The document acknowledges that the rule set is narrow, may not match actual conditions, and omits company financial analysis. It recommends combining more indicators and reviewing selected companies’ fundamentals. Formula and Python examples are included as implementation references, but no backtest results, benchmark, holding period, execution assumptions, or risk-adjusted evidence are given. The description supports understanding the proposed signal logic, but does not establish that the screen has predictive value or can be implemented as written without adaptation.

Key ideas

• The screen requires MACD above zero, positive P/E, and a weekly five-period average crossing above the ten-period average.
• It proposes generating selections before the market opens each trading day.
• The indicators combine a momentum condition, a valuation filter, and a moving-average trend signal.
• The author warns that the criteria are narrow and omit fuller fundamental analysis.
• No performance results or tested trading rules are supplied, so the signal remains unvalidated in this document.

Tags

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