Short-Term Stock Screening with Range, Block Flow, and MACD

Summary

This article describes a short-term Chinese stock screen based on daily price range, a high ranking for net large-order volume, and MACD above its zero line. It presents the combination as a way to find active stocks with positive momentum, and includes an indicator formula and a Python example intended to implement the filters. The suggested refinements are to examine financial fundamentals, combine MACD with other indicators, and apply explicit profit-taking and stop-loss rules.

The document provides no backtest, trade examples, or performance evidence. Its descriptions also contain inconsistencies: the prose refers to a MACD golden cross, while the stated condition checks whether MACD is nonnegative; the sample code is malformed and does not clearly implement a valid cross-sectional ranking. The range threshold is expressed as a proportion in the formula, so its interpretation depends on the intended scale. Treat the screen as an unvalidated hypothesis, and define the data, ranking, entry, and exit rules precisely before evaluating it.

Key ideas

• The proposed screen combines a minimum daily price range, a high net large-order volume ranking, and MACD above zero.
• The strategy targets short-term momentum and market activity rather than company fundamentals.
• The article recommends adding fundamental checks and corroborating indicators such as KDJ or CCI.
• It advises using planned profit-taking and stop-loss rules for risk control.
• No performance evidence is supplied, and the example implementation contains errors and unclear conditions.

Tags

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