Combining Relative Volume, Moving Averages, and MACD for Stock Screening

Summary

This Chinese-language post outlines a stock screen combining three signals: ranking stocks by relative volume, requiring the 20-day moving average to be above the 120-day moving average, and looking for a shortening negative MACD histogram on a 15-minute chart. The post describes the relative-volume ranking as a proxy for stronger fund activity, the moving-average relationship as a trend filter, and the MACD change as a possible short-term entry signal. It also suggests adding turnover and trading volume to the activity screen, and other indicators to assess trend and short-term movement.

The post gives qualitative reasoning and cautions that each condition can mislead: the volume ranking may omit otherwise attractive stocks, a moving-average crossover can occur during a pullback, and a shrinking negative histogram can occur during a continuing decline. It does not provide a complete executable strategy, entry and exit rules, backtest results, or evidence that the combined screen is profitable. The final selection logic retains the relative-volume ranking and proposes supplementing it with turnover and volume measures.

Key ideas

• The screen ranks stocks by relative volume and selects the top 100.
• It requires the 20-day moving average to be above the 120-day moving average.
• It looks for a shortening negative MACD histogram on a 15-minute chart.
• The post warns that each signal may occur in an unfavorable market context.
• It proposes combining the activity ranking with turnover and volume measures.

Tags

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