Stock Screening with Intraday Inflows, Amplitude, and MACD

Summary

This Chinese stock-screening example combines three conditions: price amplitude above 1%, afternoon net inflow from large orders, and MACD above its zero line. The article interprets amplitude as a sign of active trading, large-order inflows as a possible indication of buying interest, and a positive MACD spread as evidence of an upward trend. It provides indicator formulas and sample Python logic for applying the filters to Chinese equities. The code and prose are illustrative rather than a documented, reproducible backtest, and the article reports no performance results.

The author notes that a screen based on short-term price movement and money flow may miss company fundamentals, financial condition, and industry context. Suggested refinements include combining other technical indicators with fundamental and sector analysis, then diversifying the resulting holdings. These are recommendations rather than evaluated improvements; the document does not specify portfolio rules, execution assumptions, or risk controls.

Key ideas

• The screen requires amplitude above 1%, afternoon large-order net inflow, and MACD above zero.
• The article treats large-order inflows as a possible sign of buying interest, not proof of future gains.
• It recommends adding technical and fundamental factors to reduce reliance on a few short-term signals.
• The provided code examples do not include reported backtest results or execution assumptions.

Tags

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