Combining MACD, Rising Moving Averages, and Large-Order Flow in a Stock Screen

Summary

This Chinese A-share screening proposal combines a positive MACD reading, upward divergence of short moving averages, positive price change, and super-large-order net flow. It also proposes requiring a stock’s circulating share count to meet or exceed its market average. The article presents the combination as a way to mix price-trend signals with a measure of large-order activity, and includes indicator definitions and a Python screening example.

The document supplies no backtest results or evidence that the combined conditions predict returns. It warns that the flow component may dominate the screen, creating sample bias and overfitting, and that the rules omit fundamentals and valuation. The example is illustrative rather than a validated implementation: the stated product condition is not fully specified as a threshold, and the article does not establish the data alignment or timing needed to avoid misleading results.

Key ideas

• The screen combines MACD above its zero line with upward movement in short moving averages.
• It uses price change and super-large-order net flow as a joint selection signal.
• The proposed version adds a circulating-share-count threshold based on the market average.
• The article warns of overfitting, flow bias, and missing fundamental or valuation filters.
• No backtest or performance evidence is reported.

Tags

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