Chinese Stock Screening with RSI, Large-Order Flow, and Board Exclusions
Summary
The document describes a Chinese equity screening rule combining an RSI reading below 65, a measure multiplying price change by large-order trading activity, and exclusion of selected market segments. It also references a prior-day turnover condition and supplies formula and sample implementation details. The stated rationale is to combine a technical condition with trading-flow information while filtering out certain stocks.
No backtest results or performance evidence are presented, so the proposed upside and investment value remain untested in the document. The explanation also contains inconsistencies: its prose says to exclude the STAR Market, while the sample code filters several industry labels and excludes the ChiNext label. The large-order-flow formula and code's variable calculations may not represent the same measure. The author identifies market-regime shifts, company financial problems, and extreme price moves as risks, and suggests adding further technical and fundamental filters. These additions are proposals rather than validated improvements.
Key ideas
- The screen combines an RSI threshold with a price-change and large-order-flow measure.
- It proposes excluding selected Chinese equity market segments.
- The sample implementation includes a prior-day turnover filter alongside the headline criteria.
- The document provides no performance test to establish whether the screen is profitable.
- Market changes, financial problems, and sharp price moves are named as risks.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.