Screening Stocks by Intraday Range, Large-Order Flow, and Listing Age

Summary

The document describes a stock selection screen combining price movement, large-order net volume, and company listing age. Its stated conditions are an amplitude above a threshold, positive large-order net volume for at least three consecutive days, and a listing history longer than a user-selected number of years. It gives example indicator logic and a Python-style implementation, and also mentions adding positive earnings and return on equity filters.

The article cautions that short listing histories bring uncertainty and that technical and market-flow conditions may omit macroeconomic, industry, and company fundamentals. It suggests including fundamental and sector measures and applying stricter filters to newer listings. No backtest, performance statistics, universe definition, or detailed transaction assumptions are supplied. The amplitude wording and code examples may not align cleanly, so the screening logic should be checked against the intended data definitions before use.

Key ideas

• The proposed screen combines price amplitude, large-order net volume, and listing age.
• It requires positive large-order net volume across a rolling three-day window.
• The article suggests adding earnings, return on equity, fundamental, and industry filters.
• The screen provides no performance validation and may omit important market and company context.
• The example code and stated amplitude condition should be reconciled before implementation.

Tags

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