A 15-Minute MACD and Order-Flow Equity Screening Rule
Summary
The document describes a stock screening idea that combines a recent increase in buying activity, an outside-to-inside trading volume ratio above a threshold, and a shrinking green histogram on a 15-minute MACD display. The proposed interpretation is that the flow measures indicate buying interest while a contracting negative MACD histogram suggests strengthening upward momentum. It also recommends adding financial and industry checks to the screen.
No backtest or performance evidence is provided. The post warns that unusual selling or market manipulation can make the signals unreliable, and that broad market weakness can overwhelm stock-level buying indicators. Its accompanying code and prose appear to define the buy and sell volume ratio inconsistently, and the MACD calculation is described only loosely, so the precise signal construction would need verification before use. The proposed thresholds are screening heuristics rather than validated parameters.
Key ideas
- The screen combines reported buying activity, an outside-to-inside volume ratio threshold, and a shrinking 15-minute MACD histogram.
- The document interprets the indicators as signs of buying interest and improving short-term momentum.
- It suggests supplementing technical filters with company financial and industry information.
- The post provides no backtest results and cautions that market-wide declines or manipulation can negate the signals.
- The prose and code do not define the volume ratio consistently, leaving implementation details uncertain.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.