Screening by Turnover, Float Value, and Shortening MACD Bars

Summary

This stock screen combines a turnover-rate band of 3% to 12% with a circulating market value of 5 to 10 billion yuan and a 15-minute MACD histogram described as having shorter green bars. The article presents turnover and market value as measures of trading activity and company size, then adds the MACD condition as a short-term technical signal. It provides example formulas and Python code, along with a recommendation to consider fundamentals, price action, volume, and other indicators.

There is a material implementation ambiguity: the displayed formula and Python conditions compare consecutive MACD values in opposite directions at once, so they cannot both be satisfied as written. The examples therefore do not reliably encode the described shortening-bar condition. The post supplies no backtest or outcome data, and warns that the screen omits fundamentals and relies on a single technical signal. Its stated criteria should be checked and clarified before use.

Key ideas

• The stated screen uses a turnover rate between 3% and 12% and a circulating market value between 5 and 10 billion yuan.
• It adds a 15-minute MACD condition described as green histogram bars becoming shorter.
• The example logic imposes opposite consecutive-MACD comparisons simultaneously, creating a contradiction in the implementation.
• The article provides no performance evidence and cautions against relying on a single indicator without broader analysis.

Tags

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