A Morning Stock Screen Using Range, Recent Highs, and Net Large-Order Volume

Summary

This Chinese equity-screening post proposes selecting non-special-treatment stocks before 10 a.m. using an amplitude threshold, a five-period price-high condition, and ranking by net large-order volume. The accompanying example computes a true-range-like measure from the high, low, and previous close, removes names marked ST, filters by time, checks for a rolling five-period closing-price maximum, and retains the highest-ranked net-volume candidates.

The post argues that large-order net volume adds trading-activity information beyond conventional technical indicators. It warns that emphasizing volume may neglect fundamentals and technical context, and that complex conditions can produce risky selections. It recommends combining broader considerations and tuning parameters to market and stock conditions. No backtest results, out-of-sample evidence, or details defining the named limit-up method are provided, so the screening rules should be treated as a proposed recipe rather than a validated strategy.

Key ideas

• The screen combines an amplitude threshold, an ST exclusion, a morning time filter, and a five-period closing high.
• Candidates are ranked by net large-order volume, emphasizing trading activity.
• The post cautions that volume-centered filters may overlook fundamental and technical information.
• No performance evidence is supplied, and the named limit-up method is not explained in detail.

Tags

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