Combining 15-Minute MACD, Bollinger Bands, and Relative Volume for Stock Screening

Summary

This Chinese stock-screening note combines a relative-volume ranking with price and momentum conditions. It proposes selecting from the top 100 stocks by volume ratio, requiring the closing price to sit between the Bollinger middle and upper bands, and looking for a shortening MACD histogram on a 15-minute chart. The price location is presented as a sign of a possible short-term upward trend; a shrinking negative histogram is treated as weakening upward momentum and a possible pullback risk.

The note suggests further filters, including RSI and KDJ above 50 and rankings for trading volume and turnover, but does not explain whether these are optional refinements or required criteria in the final screen. It provides no complete implementation, backtest, or measured results. Indicator readings depend on data quality and market conditions, and histogram contraction alone does not establish that a price decline will follow.

Key ideas

• The screen ranks stocks by volume ratio and retains the top 100.
• It requires the close to fall between the Bollinger middle and upper bands.
• It uses a shortening MACD histogram on a 15-minute timeframe as a momentum cue.
• The note suggests RSI, KDJ, volume, and turnover as additional filters.
• No backtest is supplied, and a shrinking histogram does not guarantee a decline.

Tags

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