Combining MACD, Large-Order Flow, Market Cap, and Profitability Filters

Summary

This Chinese equity screen combines a positive MACD reading with positive price change and positive large-order net buying. It also limits candidates to companies with market capitalization at or below 10 billion yuan and positive profit. The article frames the conditions as a mix of trend, trading-flow, size, and profitability filters, and gives indicator definitions and example screening logic.

The document identifies several limitations: the size cap may exclude attractive smaller companies, large-order flow may be temporary, and a company with positive profit is not necessarily financially strong or able to sustain earnings. It suggests refining the size and financial criteria and considering additional evidence. No backtest, return record, or validation is provided, and the supplied code references data fields and calculations that may need checking against the provider's actual definitions.

Key ideas

• The screen requires MACD above zero, positive price change, positive large-order net flow, market capitalization no greater than 10 billion yuan, and positive profit.
• The method combines technical, order-flow, size, and profitability filters.
• Positive profit alone does not establish durable or strong business performance.
• Large-order flow may be short-lived, and the market-cap limit can exclude other candidates.
• The article provides no backtest evidence, and its example data calculations require validation.

Tags

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