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

Summary

This Chinese A-share screening proposal combines three daily conditions: price amplitude above 1%, absolute large-order net volume above 0.05 for at least three consecutive sessions, and a six-period RSI below 65. The author presents the combination as a way to find active stocks that may be in a pullback or early rebound. Indicator formulas and illustrative Python code are included to show how the conditions might be assembled.

No backtest, return series, or evidence of predictive value is reported. The article cautions that the screen omits company fundamentals and valuation, that large-order data can be noisy or manipulated, and that RSI is a historical price measure with limitations. It suggests supplementing the signals with other indicators and fundamental or valuation analysis. The stated conditions are therefore a screening idea, not a demonstrated trading strategy; the code is explicitly presented as a reference requiring adaptation.

Key ideas

• The proposed screen requires amplitude above 1%, large-order net volume magnitude above 0.05 for three consecutive sessions, and six-period RSI below 65.
• The author interprets the combination as potentially identifying active stocks during a correction or early rebound.
• The article supplies indicator formulas and sample code but no empirical performance results.
• Large-order measurements may be manipulated or noisy, and the screen does not assess fundamentals or valuation.

Tags

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