Chinese Stock Screening with RSI, Order Flow, and Weekly MACD

Summary

This Chinese-language post outlines a stock selection screen combining RSI below 65, the product of price change and large-order net volume, and weekly MACD above its zero line. Its stated aim is to find shares that have not become excessively strong while retaining potential for further gains. The accompanying example applies additional conditions, including positive MACD components and a comparison between settlement and opening prices, to filter a data set.

The post explains that RSI is intended to avoid highly extended shares, order-flow and price-change data represent short-term activity, and positive weekly MACD is meant to indicate a firmer longer-term trend. It offers no backtest results or measured evidence that the screen predicts returns. The author notes that the indicators are limited, omit company fundamentals, and that MACD is lagging; the post recommends further analysis and suggests adding valuation, dividend, and growth factors. Its screening logic and example conditions should therefore be treated as a proposal, not a validated strategy.

Key ideas

• The screen combines RSI below 65, price change multiplied by large-order net volume, and weekly MACD above zero.
• The proposed intent is to filter out shares that have already risen too strongly while retaining possible upside.
• The example adds positive MACD component checks and a settlement-price condition.
• The post provides no performance testing to validate the screen.
• The author flags omitted fundamentals and MACD lag as limitations.

Tags

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