Stock Screening with Intraday Range, Large-Order Flow, and Turnover

Summary

This proposed stock screen combines three conditions: a daily price range above a stated threshold, positive afternoon large-order flow, and turnover within a specified band. The document presents these as signs of greater price movement, possible buying interest, and sufficient trading activity. It includes illustrative formulas and a Python example intended to apply the conditions across stocks.

The rationale is qualitative; the document provides no backtest, measured results, or evidence that the filters predict future gains. It also notes that selecting volatile stocks can increase risk and that the turnover range does not eliminate exposure to market swings. Suggested additions include technical indicators and company financial analysis, with broader diversification. The example code and formulas should be treated cautiously: the text does not establish that the fields and calculations consistently measure afternoon flows or turnover as described. Overall, this is a screening concept rather than a tested trading strategy.

Key ideas

• The proposed screen combines price range, afternoon large-order flow, and turnover conditions.
• The author interprets larger price movement as opportunity and positive flow as a possible sign of buying interest.
• The document provides illustrative formulas and code but no backtest or performance evidence.
• Volatility and market swings remain risks even when turnover falls within the selected band.
• Adding technical and fundamental filters is suggested, though the example calculations are not validated in the text.

Tags

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