A Stock Screen Combining Intraday MACD, Amplitude, and Theme Exposure

Summary

The proposed stock screen combines three conditions: price amplitude above a stated threshold, a shortening negative MACD histogram on a 15-minute interval, and association with the metaverse theme. The idea mixes a volatility filter, a short-horizon technical signal, and a thematic universe. The document describes the contracting negative histogram as a possible sign that recent downside momentum is easing, while leaving the thematic classification to the investor.

It warns that MACD can lag, themes can lose relevance, and the screen ignores fundamentals. It suggests combining indicators, reviewing theme exposure, and researching candidates further. The post includes formula and Python examples, but the examples may not reliably implement the stated conditions: the amplitude example uses turnover ratio, and the MACD condition requires careful interpretation of histogram values and changes. No historical performance, execution assumptions, or evidence of predictive advantage is provided, so the screen is a hypothesis for further evaluation rather than a validated strategy.

Key ideas

• The screen combines a price-amplitude filter, a 15-minute negative MACD histogram that is shortening, and metaverse theme membership.
• A shrinking negative histogram is used to identify potentially easing downside momentum.
• MACD may lag, and thematic classifications can become outdated.
• The screen omits fundamental analysis and supplies no performance validation.
• The provided examples should be checked against the stated conditions before use.

Tags

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