Draft Stock Strategy Combining MACD Crossovers and Industry Strength

Summary

This code draft sketches a stock strategy that first obtains a candidate list through valuation filters, then checks a price-based strength condition and MACD. The strength test compares the latest two-day average close with the 30-day average close. Entry is intended when MACD changes from negative to positive and the strength test passes, subject to a five-position limit and equal target weights; an exit is intended when MACD turns negative.

The post is framed as a request for debugging help, and the sample contains syntax and indentation problems that prevent it from running as written. Its description of industry strength does not match the shown per-stock price calculation, and the entry condition is malformed. It provides no backtest or performance evidence, so it documents an incomplete strategy concept rather than a validated trading system.

Key ideas

• The draft combines candidate selection, a price-strength filter, and MACD crossover signals.
• The strength check compares a two-day average close with a 30-day average close.
• The intended portfolio is capped at five holdings with equal target weights.
• The code has syntax and logic inconsistencies and includes no results or validation.

Tags

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