Stock Screening with Large-Order Flow and a Weekly Moving Average
Summary
The document outlines an equity screen combining a daily price-range condition, positive large-order net volume for at least three consecutive days, and a weekly price crossover above a 30-week moving average. The stated aim is to find stocks with buying pressure and an upward trend. It also sketches indicator formulas and a sample implementation, though those examples do not fully establish that every calculation matches the stated screening rule.
The screen is a selection heuristic, not a tested trading system: the document provides no backtest results, entry execution details, portfolio rules, or exit criteria. It cautions that the approach omits fundamental analysis and that the weekly signal may lag. It suggests adding company-quality and volume measures and using stop-loss or profit-taking rules, but provides no evidence that these changes improve outcomes.
Key ideas
- The screen combines a price-range condition with several days of positive large-order net volume.
- It requires a weekly price crossover above a 30-week moving average as a trend filter.
- The document offers example formulas but no performance evidence or complete portfolio and exit rules.
- It flags missing fundamental analysis and lagging weekly signals as potential sources of error.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.