Stock Screening with Turnover, Reversal Candles, and an Arc Indicator

Summary

This Chinese stock-screening example combines a daily turnover-rate band with reversal-candle and arc-shaped price indicators. Its stated selection formula also filters for market capitalization and an arc-trend reading, while the accompanying explanation frames the indicators as a way to identify support, resistance, and active stocks. A Python example sketches how to calculate reversal-related candle values, derive an arc measure from daily price fields, and join those results with turnover data.

The document offers a rule description and implementation outline, but no backtest, performance evidence, or precise definition of the reversal condition used in the final screen. Its code also does not clearly implement every condition in the written formula, so the example should not be treated as a validated strategy. The author notes that price-only screening omits company fundamentals and suggests combining technical and fundamental measures or optimizing parameters. Those suggestions are not tested in the document.

Key ideas

• The screen combines turnover rate, reversal-candle behavior, and an arc-shaped price measure.
• The stated formula adds market capitalization and an arc-trend range to the selection conditions.
• The Python outline joins daily price-derived measures with turnover data.
• The document provides no backtest results and does not fully specify or validate the reversal rule.

Tags

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