Chinese Stock Screening with RSI, Large-Order Flow, and 10-Day Returns

Summary

This Chinese equity screening idea combines a relative strength index below 65, a condition involving daily price change multiplied by net large-order volume, and a positive 10-day return capped below 35%. The accompanying example expresses the order-flow filter as daily change multiplied by volume exceeding a stated threshold, then applies the return range. It aims to find shares with recent gains while avoiding the most extended performers.

The post offers a rationale but no backtest, performance statistics, or worked examples. It warns that the return bounds can exclude otherwise qualifying stocks, that fundamentals are omitted, and that changing market conditions can affect results. It suggests adding indicators such as MACD and incorporating profitability, growth, valuation, market direction, and industry trends. The description leaves the precise construction of the large-order net-volume criterion underspecified, so the screen cannot be fully evaluated from the text alone.

Key ideas

• The proposed screen requires RSI below 65 and a positive 10-day gain below 35%.
• It combines daily price change with a large-order volume measure as a capital-flow filter.
• The strategy seeks recent positive performance while limiting the selection of highly extended stocks.
• The post provides no evidence from backtesting or reported trading outcomes.
• It identifies missing fundamental analysis and market regime changes as limitations.

Tags

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