Chinese Stock Screening with Turnover, Order Flow, and a KDJ Golden Cross

Summary

This stock-selection method combines a turnover rate between 3% and 12%, a positive product of price change and net large-order volume, and a newly formed KDJ bullish crossover. The stated rationale is to combine trading activity and order-flow direction with a momentum signal. The post describes indicator formulas and sample implementations, but the examples do not align fully with the headline rules: some code adds conditions such as volume, price, float shares, or proximity to a moving average that are not part of the stated screen.

The author warns that technical indicators can lag and reflect subjective choices, potentially excluding stocks whose short-term trend is weak despite longer-term potential. Suggested refinements include adding other indicators and fundamental or market forecasts, or using machine learning to tune parameters. The document provides no backtest, live results, or evidence that the selection rules improve returns; implementation details and inconsistent conditions would need to be resolved before evaluating it.

Key ideas

• The stated screen combines 3% to 12% turnover with positive price-change times net large-order volume.
• A newly formed KDJ golden cross is used as an additional momentum filter.
• The post acknowledges that technical signals may lag and can exclude stocks with weaker short-term trends.
• Its code examples introduce extra screening conditions beyond the headline method.
• No backtest or live performance evidence is provided.

Tags

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