Chinese Stock Screening with Weekly MACD and Large-Order Flows

Summary

This Chinese equity screening idea combines daily price range, weekly MACD, and a measure of large-order net activity. It looks for stocks with an amplitude above 1%, weekly MACD above zero, and large-order net volume above 0.05 for at least three consecutive days. The author interprets the flow condition as a sign of institutional interest and uses it alongside technical trend information to identify active candidates.

The document gives indicator formulas and a sample data workflow, but no performance results or evidence that the thresholds predict returns. Its examples also describe some conditions differently, so implementation details would need careful checking. The screen omits company fundamentals and broader market context; order-flow measures can be distorted by market fluctuations or institutional activity. The author recommends historical testing and adding other information, including fundamentals, sentiment, industry themes, and institutional holdings, while applying risk controls.

Key ideas

• The screen requires daily amplitude above 1% and weekly MACD above zero.
• Large-order net volume must exceed 0.05 for at least three consecutive days.
• The strategy combines technical conditions with a proxy for capital flows.
• The document supplies formulas and sample data-fetching logic but reports no backtest results.
• Fundamentals, market context, flow-measurement errors, and risk controls remain important limitations.

Tags

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