Combining Daily Range, Rising Moving Averages, and 15-Minute MACD

Summary

The proposed stock screen combines three short-term technical conditions: daily amplitude above 1, a rising or expanding moving-average configuration for the day, and a shortening negative MACD histogram on a 15-minute chart. The document interprets the range filter as a measure of price movement, the moving-average condition as a possible near-term upward trend, and the MACD condition as potentially weakening selling pressure. It includes indicator expressions and an illustrative Python workflow for screening stocks.

The author emphasizes that the method focuses on short-term price action and may miss company fundamentals and longer-term changes. MACD is also vulnerable to market noise, so its signals are uncertain. The post recommends broadening the analysis with additional technical and fundamental information. It supplies no backtest, trade rules for entries or exits, risk sizing, or performance evidence; the code is explicitly presented as adaptable reference material, and its indicator expressions may not align cleanly with their descriptions.

Key ideas

• The screen requires daily amplitude above 1, a rising moving-average setup, and a 15-minute MACD condition.
• The proposed signals are intended to capture short-term movement and possibly weakening selling pressure.
• The method relies on technical data and does not assess fundamentals or long-term performance.
• The post cautions that MACD readings can be noisy and uncertain.
• No backtest or evidence of profitability is provided.

Tags

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