A Stock Screen Combining Price Range, Two-Day Highs, and Large-Order Flow

Summary

This stock-selection proposal combines a daily price-range threshold, a high equal to the highest high over two days, and a ranking by net large-order volume. The document interprets a wide range and a recent high as possible signs of upward momentum, while the order-flow ranking is intended to reflect activity from large market participants. It suggests supplementing these signals with other technical measures and fundamental information, such as valuation, company growth, or industry context.

The stated cautions are that the screen omits fundamentals and that large-order flow can be uncertain or affected by particular institutions. The selection logic is presented as a heuristic, with illustrative formulas and platform-style code fragments rather than a tested strategy. No backtest, measured performance, transaction-cost analysis, or precise evidence that the combined conditions predict returns is supplied, so the proposed momentum interpretation remains unvalidated.

Key ideas

• The screen combines a price-range condition, a two-day high condition, and a net large-order volume ranking.
• The document treats a wide range and a recent high as possible short-term upward momentum signals.
• It recommends adding technical, fundamental, and additional capital-flow measures to broaden the selection criteria.
• The screen lacks reported backtests or performance evidence, and its order-flow measure may be uncertain.

Tags

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