RSI and Order-Book Filters for Early Uptrend Stock Selection

Summary

This Chinese-language note describes a stock screen that combines a 14-period RSI below 65 with first-level bid volume exceeding ask volume, plus a condition described as the start of a strong upward move. It presents the combination as a way to find technically strong, active stocks entering an uptrend, mainly for short-term trading.

The article gives illustrative indicator formulas and a Python-style example, but the example does not implement every stated condition consistently: the shown filter checks bid versus ask volume and an upward-move indicator, while the RSI is calculated but not included in the filter expression. It reports no backtest or performance evidence. The author cautions that strict criteria may produce few candidates and that current technical indicators do not reliably predict future gains; suggested additions include fundamental and trend measures.

Key ideas

• The screen combines RSI below 65 with first-level bid volume greater than ask volume and an upward-trend trigger.
• It is presented as a short-term stock selection approach based on technical conditions.
• The code example calculates RSI but omits it from the displayed selection condition.
• The article gives no performance results and notes that strict filters can leave few stocks.

Tags

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