Screening Chinese Stocks with Positive MACD and Trading Heat

Summary

This proposed Chinese equity screen selects stocks with MACD above zero, excludes the STAR Market, and ranks the remaining names by individual stock heat. It is run after each trading day’s close. The document gives a MACD formula based on exponential moving averages and describes heat as the ranking variable, but it does not define how heat is calculated. The author cautions that the rules are simple and can select stocks that do not fit the broader market trend. Technical conditions may overlook industry and company financial factors, while excluding the STAR Market may omit growth opportunities. Suggested refinements include adding indicators or sentiment measures and applying financial or other filters. No performance results or validation are provided, so the screen is an untested selection idea rather than evidence of a profitable strategy.

Key ideas

• The screen requires MACD to be above zero and excludes STAR Market stocks.
• Eligible stocks are ranked from highest to lowest by an unspecified stock heat measure.
• The selection is made after each trading day closes.
• The document recommends considering financial and other market factors because the screen is simple and unvalidated.

Tags

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