A Technical Stock Screen Using Intraday Flow and Rising Moving Averages

Summary

The document presents a Chinese-equity screening idea combining daily price range, afternoon large-order net inflow, and upward movement in several moving averages. It also mentions weekly volume and MACD as additional checks intended to identify stocks with buying interest and liquidity. Indicator formulas are supplied for the range and moving-average conditions, alongside example code that scans stocks using streak, Bollinger Band position, ADX, MACD, and price-versus-average conditions. The code’s conditions do not fully match the headline screen, so it should not be assumed to implement the stated selection logic exactly.

The author frames the screen as an initial technical filter, not a complete investment process. The post notes that it omits company fundamentals and broader market conditions, and that sentiment can affect selections. It recommends considering industry, market environment, and company information alongside technical signals, with stop-loss and trailing-profit controls as possible risk measures. No backtest results or performance evidence are provided, and the article does not specify a complete portfolio construction or execution method.

Key ideas

• The proposed screen combines daily amplitude, afternoon large-order inflow, and rising short- to medium-term moving averages.
• Weekly volume and MACD are described as supplementary checks for interest and liquidity.
• The example scanning code uses additional indicators and does not directly reproduce every condition in the stated screen.
• The author cautions that technical signals omit fundamentals and broad market conditions.
• No performance evidence is supplied, so the screening concept remains unvalidated in the document.

Tags

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