A Stock Screen Combining Daily Range, Weekly MACD, and Money Flow

Summary

This document describes a stock-selection rule that combines three signals: daily price amplitude above a threshold, a positive weekly MACD condition, and a positive product of price change and a large-order money-flow measure. It presents the rule as a way to combine price behavior, a weekly technical trend signal, and trading-flow information. Formula and Python examples are included as implementation references, though the precise meaning of “large-order net volume” is not consistently represented across the examples.

The accompanying risk discussion notes that the screen omits company fundamentals and broader market conditions, so its selections may be unstable or exposed to risks the indicators do not capture. It suggests adding fundamental data and other technical measures for a more complete assessment. No backtest results, performance statistics, or evidence of predictive accuracy are provided, and the implementation examples would require validation against the intended data definitions before use.

Key ideas

• The screen requires daily price amplitude to exceed a threshold.
• It uses a positive weekly MACD reading as a technical filter.
• A price-change measure is combined with a money-flow measure to qualify stocks.
• The examples use related but not fully consistent definitions of the money-flow input.
• The document gives no performance evidence and cautions that fundamentals and market conditions are omitted.

Tags

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