Combining MACD, Low Price, Volume, and Convertible Bond Status

Summary

The document describes a Chinese stock screen combining a MACD condition, a share price below 12, daily volume above 10,000 lots, and a nonempty short name for an outstanding convertible bond. It states that the screen runs before 10 a.m. on each trading day. The indicator formula reference includes a MACD zero-line crossing condition, while the Python example checks whether MACD is above zero, so the precise signal definition is not consistent across the examples.

The article presents convertible-bond status and trading volume as additional selection inputs, but it gives no backtest or evidence that they improve stock quality or performance. It notes that results may depend on the convertible-bond market and that requiring bond information can leave too few candidates. Suggested additions include bond premium measures, fundamental and market context, and exit controls. The code is illustrative and the article says data interfaces may need adjustment; it does not define a full trading or risk-management system.

Key ideas

• The screen combines a MACD zero-line condition, price below 12, volume above 10,000 lots, and an outstanding convertible bond name.
• The stated signal timing is before 10 a.m. on each trading day.
• The formula reference uses a zero-line cross, while the code checks whether MACD is above zero.
• The article identifies convertible-bond conditions and limited candidate counts as potential sources of risk.
• It offers no backtest or evidence of trading performance.

Tags

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