Chinese Stock Screen Using RSI, Volume and Ten-Day Returns

Summary

This Chinese-language post describes an equity selection rule combining three conditions: RSI below a threshold, current volume above the prior day’s volume, and a positive ten-day return capped at a stated upper bound. The discussion frames the RSI condition as avoiding overheated stocks, the volume condition as indicating increased activity, and the return band as filtering out the largest recent advances. A sample implementation also applies universe filters, including listing history, special-treatment status, and market capitalization, before ranking eligible stocks by circulating value.

The post offers no backtest results, benchmark comparison, or evidence that the proposed interpretation of volume predicts buying pressure. Its prose describes a daily increase in holdings, while the formula and sample code use a volume ratio; those are distinct measures, so the operational rule is ambiguous. The author acknowledges that the screen omits fundamentals and that thresholds may behave differently across sectors and market conditions. The strategy is therefore best read as a candidate screening recipe, not a validated return model.

Key ideas

• The screen combines a bounded ten-day return with an RSI ceiling and a volume increase condition.
• The example code adds eligibility filters and sorts selected stocks by circulating market value.
• The post provides no performance test or comparison with a benchmark.
• Its description of increased holdings does not match the volume-ratio calculation in the example.
• The author notes that the screen omits fundamentals and may need context-specific threshold changes.

Tags

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