Chinese Stock Screen Combining RSI, Large-Order Flow, and MACD

Summary

This Chinese-language article outlines an equity screening rule that combines a relative strength index below 65, a positive product of price change and a proxy for net large-order activity, and a shortening MACD histogram on a 15-minute interval. The stated aim is to find stocks whose short-term technical behavior and trading activity suggest improving conditions. The accompanying example also filters for positive price change and compares the current MACD and histogram values with prior observations.

The article explains the screen in qualitative terms but supplies no backtest, return data, or comparison against a benchmark. It cautions that changing market conditions, company financial problems, and sharp price moves can undermine the selection, and suggests considering additional indicators or fundamentals and managing exposure. The code references historical data for an index, so it does not clearly establish that the example implements a complete individual-stock selection workflow. Treat the rule as an idea to test, not evidence of profitability.

Key ideas

• The proposed screen combines RSI below 65, a price-change and large-order-flow measure, and a shortening 15-minute MACD histogram.
• The accompanying example also requires positive price change and checks MACD values against prior observations.
• The rationale is to combine technical conditions with a measure of trading activity.
• The article provides no measured performance or benchmark comparison.
• It identifies market shifts, financial problems, and extreme price moves as risks and recommends exposure management.

Tags

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