Stock Screening with RSI, Three Consecutive Down Days, and Net Large-Order Volume

Summary

This Chinese-language post describes an equity screen combining a 14-period RSI below 65, three consecutive down sessions, and a high relative rank for net large-order volume. Its formula defines net volume as large buy volume minus large sell volume, then selects stocks in the upper portion of the cross-sectional ranking. The intended idea is to combine a momentum or price-pattern condition with a measure of large-order flows.

The article provides indicator formulas and sample implementations for screening, but reports no backtest, trade results, or evidence that the signals predict returns. It cautions that large-order rankings may not correspond reliably to subsequent price movement and that the method omits broader market conditions and market risk. It suggests adding market, industry, valuation, flow, or sentiment measures, while any such changes would need independent validation.

Key ideas

• The screen combines RSI below 65 with three consecutive sessions in which the close is below the open.
• Net large-order volume is calculated as large buy volume minus large sell volume.
• The strategy retains stocks ranked near the top by net large-order volume.
• The post provides formulas and example code but no performance evidence.
• Market conditions and the relationship between order flows and later prices remain unaddressed.

Tags

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