Screening Stocks by Turnover, Daily Gains, and a K-Line Condition

Summary

This post outlines a Chinese equity screen using turnover between 3% and 12%, a daily gain greater than 1%, main-board membership, and a K-line condition described as below 20. The accompanying code example instead checks whether the latest K value is below its 20-period rolling mean, while its indicator-language example refers to a trend comparison. These differing definitions matter because they can produce different candidate lists.

The stated rationale is to constrain trading activity and daily performance while adding a technical condition. The post notes that the screen omits company fundamentals and industry context, and suggests adding technical, financial, sector, or market-level factors. It provides example formulas and code but no backtest, candidate performance, or evidence that the criteria predict returns. The K-line rule and market-universe filters should be clarified and implemented consistently before research use; the screen alone does not establish an investment edge.

Key ideas

• The proposed screen filters stocks by turnover, daily gain, market board, and a K-line condition.
• The text and examples describe the K-line condition differently, including a comparison with a rolling mean.
• The post identifies missing fundamental, sector, and broader market context as limitations.
• Additional technical and financial filters are suggested for further development.
• No backtest results or predictive evidence are supplied.

Tags

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