Screening A-Shares with Positive MACD, Rising Averages, and a Region Exclusion

Summary

This short strategy note describes a Chinese A-share selection rule that looks for MACD above zero and upward movement in short-term moving averages, while excluding Beijing-listed shares. It also suggests ranking selected stocks by daily price change. The stated rationale is that positive MACD and rising averages indicate an upward trend, while the regional filter is intended to avoid perceived geographic risk.

The note gives indicator formulas and sample screening logic, but offers no historical backtest, performance statistics, or evidence that the regional exclusion improves returns. Its code examples are not fully consistent: the written rule refers to upward-diverging averages, while the examples use different moving-average conditions and contain a mismatched indicator reference. The author acknowledges that the screen may miss strong Beijing stocks and may over-rely on technical signals, and suggests combining it with fundamental measures. The rule should therefore be understood as an illustrative screen rather than a validated trading strategy.

Key ideas

• The proposed screen requires MACD above zero and an upward moving-average condition.
• It excludes Beijing-listed shares and proposes ranking qualifying stocks by daily price change.
• The note provides formulas and sample code but no backtest or performance evidence.
• The text and code differ in how they define the moving-average condition, limiting reproducibility.
• The author identifies missed opportunities and over-reliance on technical indicators as risks.

Tags

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