Stock Screening with RSI, Order-Book Volume, and a Rising 30-Day Average

Summary

This Chinese-language post describes an equity screen that combines a 14-period RSI below 65, greater volume at the best bid than at the best ask, and a rising 30-day moving average, expressed in the example as price above that average. The rationale is that moderate RSI, stronger bid-side activity, and an upward trend may jointly identify stocks with buying interest. It includes formula and Python examples for calculating these conditions and returning matching stocks.

The post provides no backtest, performance data, or evidence that the screen predicts returns. It warns that technical and order-flow inputs omit company fundamentals and may react poorly to short-term market moves. It suggests adding fundamental, broad-market, and volatility measures, but does not specify or evaluate those additions. The screen is therefore a rule-based selection idea, not a validated trading system; execution, portfolio construction, and risk controls are not developed.

Key ideas

• The screen requires a 14-period RSI below 65.
• It favors stocks where best-bid volume exceeds best-ask volume.
• The price must be above its 30-day moving average, indicating an upward trend condition.
• The post recommends adding fundamental, market-wide, and volatility analysis, but supplies no performance test.

Tags

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