A Stock Screen Using Amplitude, Large-Order Flow, and Positive MACD

Summary

The document describes a technical equity screen based on price amplitude, ranking by net large-order flow, and daily MACD above zero. It presents these as indicators of movement, trading activity, and directional momentum, and includes a sample formula and a Python outline with conditions involving volume, moving averages, recent lows, a high near the recent range maximum, and MACD. The code retrieves listed-stock data and checks candidates against those conditions.

The article cautions that the approach can suffer when market conditions turn adverse and that it ignores company fundamentals. It recommends adding fundamental or technical filters alongside risk controls and position management. The supplied material does not establish how the formula’s conditions correspond to the stated selection rule, and it gives no backtest methodology or performance results. The code also has external data and indicator-library dependencies, so the example alone is not evidence that the screen is complete or profitable.

Key ideas

• The stated screen combines price amplitude, large-order net-flow ranking, and daily MACD above zero.
• The sample code adds volume and moving-average conditions, recent-low checks, and a near-high condition.
• The document recommends considering fundamental filters, risk controls, and position management.
• The article warns that adverse market conditions can hurt results and the screen omits fundamentals.
• No backtest evidence is provided, and the supplied code does not establish profitability.

Tags

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