A-Share Screening with RSI, Money Flow, Prior MACD, and Valuation
Summary
This document describes an A-share stock screen combining a 14-period RSI below 65, the product of daily price change and a large-order net-volume measure, a negative MACD reading from two sessions earlier, and a price-to-earnings ratio below 30. It offers example implementations using Chinese market data and indicator formulas, but does not present backtest results or performance evidence.
The accompanying discussion frames the indicators as a way to find stocks with recent trading activity and technical changes. It cautions that indicators cannot capture all market conditions and may fail in sharply rising or falling markets. Suggested refinements include adding other filters, defining entry and exit rules, and improving risk and capital management. The examples are illustrative: the large-order measure is approximated using signed volume or turnover data, and the document does not establish that this matches actual institutional order flow or that the screening rule is profitable.
Key ideas
- The screen combines RSI below 65 with price change multiplied by a large-order net-volume measure.
- It also requires a negative MACD reading from two sessions earlier and a price-to-earnings ratio below 30.
- The document provides formula and Python examples but reports no backtest or live trading evidence.
- It warns that technical indicators can miss abnormal market conditions and suggests explicit entry, exit, and risk rules.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.