A Stock Screen Using Price Range, Auction Volume, Turnover, and Money Flow

Summary

This post describes a short-term equity screen built around price movement, trading activity, and estimated money flow. It selects stocks with an amplitude above the stated threshold and a combined measure of the prior day’s turnover rate and current auction volume relative to prior volume within a specified band. Candidates are then ranked by money inflow. The accompanying discussion frames these inputs as measures of market attention and trading heat.

The post warns that the approach omits company fundamentals and broader market conditions, and that reliance on short-term activity can increase volatility, turnover, and decision errors. It suggests adding technical indicators and fundamental or market context, and combining the screen with other time horizons. The post does not provide performance results or a systematic validation method. Its sample implementation also appears to use a different price-range calculation and volume data than the stated rule, so the published logic may need careful reconciliation before use.

Key ideas

• The screen combines price amplitude with a turnover and auction-volume relationship.
• It ranks qualifying stocks by estimated money inflow.
• The method relies on short-term market activity and does not account for fundamentals or overall market conditions.
• The post gives no validated performance evidence, and its sample implementation may differ from the described rule.

Tags

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