Stock Screening with Weekly MACD, Daily Range, and Turnover Filters

Summary

This Chinese-language post describes a stock screen combining daily amplitude above 1%, weekly MACD above zero, and prior-day actual turnover between 3% and 28%. It presents these as signals of price direction and trading interest, aiming to find active stocks without selecting only the most heavily traded names. The post also gives indicator and Python examples for applying the conditions.

The author cautions that the screen omits company fundamentals and relies on short-term technical conditions and market sentiment. Strict thresholds may narrow the eligible universe, while volatile markets can make signals misleading. Suggested extensions include adding fundamentals, fund flows, and industry trends, loosening the turnover ceiling, and improving risk controls and trade rules. The post offers no performance evidence or validation of the signal definitions, so the criteria should be treated as a screening proposal rather than demonstrated predictive results.

Key ideas

• The screen requires daily amplitude above 1%, weekly MACD above zero, and prior-day turnover from 3% to 28%.
• The rules combine price movement and trend conditions with a measure of trading activity.
• The author says the screen omits company fundamentals and may misread volatile markets.
• Strict thresholds can limit the number and sector range of eligible stocks.
• The post suggests adding fundamental, flow, and industry information and strengthening risk controls.

Tags

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