Screening Equities with Positive MACD, Stock Attention, and Fund Flow

Summary

This document describes a daily A-share selection screen that keeps stocks with MACD above zero, then ranks candidates by stock attention and capital strength. It presents MACD as a momentum filter and attention and fund flow as ways to favor active, liquid, closely watched names. A sample implementation uses turnover as a proxy for capital strength and excludes certain listings.

The document offers no performance results or backtest evidence. It warns that the filters are simple and may select stocks out of step with the broader market; technical signals and fund flows can also mislead, while company finances and industry conditions are omitted. Suggested refinements include adding other technical or sentiment measures, financial and market-cap filters, and industry-specific capital-flow analysis. The code examples are references rather than a complete, validated trading system, so the screen alone does not establish an investment edge.

Key ideas

• The screen requires MACD to be above zero and ranks stocks by attention and capital strength.
• It is intended to run after each trading day's close.
• Turnover is offered as a proxy for capital strength in a sample implementation.
• The document cautions that simple technical and flow filters omit company and industry fundamentals.
• It suggests adding financial, sentiment, and industry-specific filters.

Tags

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