A Short-Term Stock Screen Using Range, Two-Day Highs, and Large-Order Flow

Summary

This post describes a short-term Chinese stock screen requiring amplitude above 1%, a high equal to the highest high over two sessions, and a positive indicator labeled as large-player control on the previous day. It interprets the price-range and high filters as technical strength and the flow indicator as a way to identify stocks attracting market attention. The article also suggests using market mood, such as sector leaders and recently listed shares, as an additional filter.

It provides indicator formulas and a code sketch, but reports no historical test, sample trades, or measured performance. The author warns that the screen focuses on technical and flow data while omitting fundamentals, liquidity, and policy conditions. The market-mood and large-player variables are not fully defined, and the example requires platform-specific implementation. Its suggested additions, including moving averages and volume measures, are possibilities to evaluate rather than validated improvements.

Key ideas

• The screen combines amplitude above 1%, a two-session highest-high condition, and a positive prior-day large-player indicator.
• The post positions the filters as a way to find short-term technical strength and market attention.
• It proposes adding market mood, moving averages, and volume measures, without presenting evidence that these improve results.
• The post cautions that its screen omits fundamentals, liquidity, and policy context, and leaves some indicators undefined.

Tags

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