A Chinese Stock Screen Combining Range, Recent Highs, and Dragon-Tiger Activity

Summary

This Chinese stock-selection example combines three short-term conditions: daily amplitude above 1%, a high equal to the highest high across two days, and an asserted Dragon-Tiger List signal from the prior day. The accompanying discussion interprets the range and recent high as signs of price movement and uses the activity signal as a proxy for market attention or sentiment. It also suggests adding valuation measures and other technical or fundamental inputs to filter candidates.

The document supplies formula sketches and sample code, but the Dragon-Tiger condition is approximated with a high six-period RSI and a large recent price change rather than demonstrated list membership. The examples contain differing return lookback references, and no backtest, universe definition, execution assumptions, or risk-adjusted results are provided. The author cautions that short-term price signals and attention measures do not establish fundamental value or predict long-term performance, so the screen needs validation and broader risk controls.

Key ideas

• The screen selects stocks with amplitude above 1%, a two-day high, and a prior-day activity signal.
• It treats price movement and market attention as short-term candidate filters.
• The sample approximates the activity signal with RSI and price change rather than verified list data.
• The document recommends considering valuation and other factors alongside the technical conditions.
• No backtest or evidence of profitability is reported.

Tags

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