Screening Stocks with Positive MACD and Rising KDJ

Summary

This Chinese-language post proposes a stock screen combining technical and company filters. It selects stocks with MACD above zero, a positive recent rise in the KDJ K value, and a favorable company classification. The accompanying formula also restricts circulating market value to a stated range and excludes stocks with a special-treatment flag. The rationale is to pair positive trend and momentum signals with a basic quality screen.

The post recommends considering financial statements and additional indicators such as RSI, while warning that market changes and company-specific problems can weaken results and that relying on a small set of conditions oversimplifies selection. Its example code checks MACD and KDJ conditions, but the described ten-day KDJ growth criterion is not clearly reflected in the shown comparisons. No backtest, performance data, transaction costs, or precise definition of the company-quality filter is supplied, so the screen remains an unvalidated hypothesis requiring careful implementation and testing.

Key ideas

• The proposed screen combines MACD above zero with a rising KDJ K value and a favorable company classification.
• The example formula adds a circulating market-value range and excludes stocks carrying a special-treatment flag.
• The author suggests incorporating financial statement data and other technical indicators for a broader screen.
• The post warns that company-specific events and changing market conditions can impair the strategy.
• The code and prose do not align clearly on the KDJ lookback, and no performance evidence is provided.

Tags

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