Weekly Moving Average Crossover and Large-Order Volume Stock Screen

Summary

This Chinese equity screen combines three conditions: daily price amplitude above 1, a weekly five-period moving average crossing above the ten-period average, and a positive product of price change and a large-order volume measure. The stated rationale is to seek stocks with notable movement, an emerging upward trend, and supportive trading activity. The article describes the intended use as short-term stock selection and includes indicator and Python examples.

No backtest results, sample period, or evidence of returns are supplied. The author cautions that volume-heavy stocks may have weak fundamentals and that a technical signal can capture a short-lived rebound. The example implementation and the described weekly crossover condition may not align exactly, so the operational details need validation before use. The article recommends adding business performance and other indicators, but does not define or test a revised screen.

Key ideas

• The screen combines price amplitude, a weekly moving average crossover, and price change weighted by large-order volume.
• The moving average condition is intended to identify an upward trend.
• The author warns that high trading activity can occur in stocks with poor business performance.
• The document offers example formulas and code but no measured performance results.
• The stated signal may capture short-term rebounds, and implementation details require validation.

Tags

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