Screening Stocks with RSI, Turnover, and Large-Order Flow

Summary

This Chinese equity screening proposal combines a relative strength index below a stated ceiling, a turnover band, and a price-change measure multiplied by an order-flow quantity. The stated aim is to consider technical conditions, trading activity, and liquidity together when identifying candidates. The document also gives a formula reference for the price-change and large-order-flow component.

The author cautions that market conditions can change, individual stocks may face financial problems or extreme price moves, and the screen may select unsuitable stocks. Suggested additions include other technical indicators and fundamental or thematic information, alongside attention to risk and position adjustment. The post supplies no backtest, sample definition, or return evidence, and the sample code and measure definitions leave ambiguities, so it does not establish that the filters predict future gains.

Key ideas

• The screen combines an RSI ceiling, a turnover range, and a price-change measure weighted by order-flow data.
• The proposed filters are intended to combine technical, capital-flow, and liquidity considerations.
• The post flags changing market conditions, financial risks, and extreme price moves as limitations.
• Other technical indicators and fundamental information are suggested as possible additions.
• No performance evidence is given, and details in the formula and sample code are not fully clear.

Tags

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