Equity Screening with RSI, Large-Order Flow, and Control Signals

Summary

This stock selection note combines three signals: an RSI below 65, a condition involving price change multiplied by net volume from very large orders, and a prior-day indicator of dominant-player control. Its sample Python filter also checks that settlement is below the open and that a main-fund-flow measure is positive. The note suggests these features may favor stocks with supportive price action and capital flows.

The document gives indicator references and sample code, but reports no backtest, performance measurements, or evidence that the signals predict returns. It does not define the large-order or control measures in enough detail to reproduce them consistently, and the code's conditions do not map transparently to every phrase in the stated rule. The approach is exposed to market noise and price-trend dependence, while omitting company fundamentals. The author suggests adding valuation and growth factors and combining short- and long-horizon analysis; these are proposals rather than tested improvements.

Key ideas

• The screen uses an RSI threshold below 65 alongside price-change and large-order-flow information.
• A prior-day dominant-player control signal is included, though its measurement is not fully specified.
• The example code adds a price comparison and positive main-fund-flow condition.
• The note warns that price-based screening can miss company fundamentals and be unreliable in unstable markets.
• No performance results are provided, and the proposed fundamental additions are not evaluated.

Tags

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