Chinese Stock Screening with Intraday Range, Volume, Opening Gap, and Order Flow

Summary

This Chinese stock screening note describes selecting shares with a daily price range above a threshold, current trading volume above a stated level, a higher opening price, and a strong ranking by net large-order volume. It presents price activity, liquidity, opening behavior, and estimated money flows as complementary signals. The article includes a platform indicator formula and a Python example using market data, but those implementations do not fully demonstrate that every stated condition is calculated consistently.

The rationale is that active price movement and higher volume may identify tradable stocks, while an upward opening and large-order flows may point to further strength. The author cautions that the screen relies on technical and flow data, omits company fundamentals and other influences, and that order-flow measures can be distorted. No backtest results or performance evidence are provided. The note suggests combining the screen with fundamental and industry analysis and applying risk controls; these are proposals rather than tested improvements.

Key ideas

• The screen combines price range, trading volume, opening direction, and large-order net flow ranking.
• The article treats higher activity and volume as signs of movement and liquidity.
• It suggests that an upward opening and strong order flow may indicate continued price strength.
• Order-flow measures can be distorted, and the screen omits company fundamentals.
• The examples do not establish performance, so the proposed additions and risk controls remain untested.

Tags

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