Selecting Stocks by Intraday Flows and Institutional Direction

Summary

This Chinese-language article proposes a stock screen combining daily price range, afternoon large-order net inflows, and a positive institutional-direction signal. It then selects the stock with the strongest gain from those passing the filters. The accompanying indicator references define the range condition relative to the previous close and use volume and OBV-related measures to represent flows and direction. The article also includes sample implementation material, though it does not report a backtest or measured returns.

The approach emphasizes short-term volatility, money flows, and recent price strength. The author cautions that it does not adequately account for company fundamentals or long-term prospects, and that choosing the strongest recent gainer may expose the selection to pullbacks. Suggested refinements include adding valuation measures and filters such as market capitalization or industry. The code shown should be treated as illustrative: the description, ranking procedure, and snippets do not establish a fully specified or validated strategy.

Key ideas

• The screen combines a daily range threshold with afternoon large-order inflows and a positive institutional-direction reading.
• Among qualifying stocks, the proposed selection favors the strongest recent gainer.
• The article presents indicator formulas and sample code but provides no performance evidence.
• The author flags limited fundamental analysis and pullback exposure from prioritizing recent gains.
• Valuation, size, or industry filters are suggested as possible refinements.

Tags

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