Stock Screening with RSI, Large-Order Flow, and a Regional Exclusion

Summary

This Chinese equity screen combines a relative-strength condition, a trading-flow filter, and a regional exclusion. It selects stocks with RSI below 65, excludes Beijing-listed A shares, and uses the product of daily price change and super-large-order net volume as a flow-related condition. The article describes the approach as combining price momentum with an indicator of large-order activity, and provides a sample formula and code sketch. It also notes that excluding a region may remove otherwise qualifying shares.

The flow condition is not fully specified in the narrative: the article defines super-large-order net flow in relation to trading volume, while the sample code compares the product of price change and net volume with 5% of volume. It recommends considering other exclusions, fundamentals, broader market and industry trends, and changes in RSI rather than relying on the simple screen alone. The document gives no backtest results, trading rules for entering or exiting positions, or evidence that the regional exclusion improves returns.

Key ideas

• The proposed screen requires RSI below 65 and excludes Beijing A shares.
• It combines daily price change with super-large-order net volume as a trading-flow filter.
• The article suggests adding fundamental, industry, and market-trend information to the screen.
• The flow criterion is ambiguous, and no backtest or return evidence is provided.

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