A-Share Screening with RSI, Order Flow, and Positive MACD

Summary

This A-share stock screen combines three conditions: RSI below 65, an external-to-internal trade-volume ratio above 1.3, and a positive daily MACD measure. The text interprets the RSI threshold as avoiding an overbought reading, the trade ratio as a sign of stronger buying pressure, and positive MACD as evidence of an upward trend. It also outlines example indicator formulas and a Python workflow using Akshare data to filter stocks.

The article cautions that the screen relies on technical and trading-activity measures without assessing company fundamentals, so selected firms may be of weak quality. It suggests adding financial and industry analysis, other technical measures, and market-aware adjustments. The code is illustrative rather than validated evidence: it provides no backtest, performance statistics, or assessment of data-field accuracy. Its explanations of order-flow ratios and indicator signals should therefore be treated as screening assumptions, not proof of future returns.

Key ideas

• The screen requires RSI below 65, an external-to-internal trade ratio above 1.3, and positive daily MACD.
• The article presents the conditions as filters for avoiding overbought readings and finding buying pressure and upward momentum.
• Its Python example uses Akshare data to illustrate a stock-filtering workflow.
• The approach omits fundamentals and has no reported backtest or performance evidence.

Tags

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