Stock Screen Using Turnover, Three Declining Signals, and Recent Highs

Summary

This post outlines a Chinese stock screen combining a turnover range of 3% to 12%, a three-session declining condition, and a recent-high test. Its stated selection logic seeks stocks meeting all three conditions. The article includes an example formula based on volume relative to turnover, moving averages, and a comparison with recent highs, as well as Python code that scans daily stock data.

The implementation details do not clearly match the verbal rules: the Python example identifies three negative MACD histogram readings as three declining sessions, calculates turnover from volume ratios, and checks a rolling high condition. The formula uses a moving-average crossover, which is not the same as the three-decline description. The author notes market uncertainty and suggests adding technical and fundamental filters or adjusting thresholds. No backtest results or evidence of the claimed potential are presented, so the screen should be treated as an illustrative rule set rather than a demonstrated strategy.

Key ideas

• The stated screen combines a turnover range of 3% to 12%, three declining sessions, and a recent-high condition.
• The post provides formula and Python examples, but their operational conditions differ from the verbal description.
• The Python example uses negative MACD histogram values as its proxy for three declining sessions.
• The author acknowledges market uncertainty and suggests adding indicators or fundamental data.
• No results or backtest evidence are supplied to support the screen’s performance.

Tags

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