Screening Chinese Stocks with Positive MACD and Rising Large-Order Flow

Summary

This stock-selection screen combines a positive MACD reading, a share price below a stated threshold, and a ranking based on large-order net volume. It is intended to run before market open on each trading day. The accompanying rationale is that a positive MACD may indicate upward momentum, while increasing large-order activity may help identify stocks with stronger flows. The document also suggests adding more detailed flow, trading-volume, technical, or fundamental measures before assessing investability and risk.

The page provides formula and Python examples, but they leave important implementation details unclear, including the precise definition of the large-order ranking and data alignment. It offers no backtest or performance statistics to show that the filter predicts returns. It acknowledges market volatility and data accuracy as risks, and cautions that live data interfaces may need adjustment. The conditions therefore describe a screening idea, not a complete trading system with validated entry, exit, execution, or position-sizing rules.

Key ideas

• The screen selects stocks with MACD above zero, a price below the stated limit, and rising large-order net volume.
• Its selection is described as running before the market opens each trading day.
• The document proposes combining flow and volume information with technical or fundamental measures for further evaluation.
• Data accuracy, market volatility, and unclear implementation details may affect the selected stocks.
• No backtest results are provided to establish the screen’s profitability.

Tags

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