Screening Stocks by Intraday Range, Large-Order Flow, and RSI

Summary

This stock screen combines an intraday amplitude threshold, a high ranking for net large-order volume, and an RSI below 65. The accompanying explanation presents the range as a volatility filter, large-order flow as a proxy for capital movement, and RSI as a measure of market momentum or sentiment. The reference formulas and Python example outline how to apply the filters and sort selected stocks by trading activity.

The article provides no backtest, performance data, or evidence that the screen predicts returns. It cautions that technical filters may produce false signals and omit fundamentals and other risks. It recommends considering market conditions, company financials, additional indicators, and risk controls such as profit-taking and stop-loss rules. The sample code also contains implementation details that may not align cleanly with the stated ranking logic, so its calculations and data inputs need review before use.

Key ideas

• The screen requires an intraday amplitude above 1%, a high large-order net-volume ranking, and RSI below 65.
• The article treats large-order flow as an indicator of market capital movement, not a guarantee of successful trades.
• It suggests combining technical filters with market context and fundamental analysis.
• The strategy is presented for short-term stock selection, with no reported performance evidence.

Tags

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