Equity Screening with Volatility, Leaderboard Activity, and Weekly MACD

Summary

The document describes a stock screen that combines a daily amplitude threshold, appearance on the prior day's market leaderboard, and a weekly MACD condition above zero. It presents these as signals for short-term volatility, trading attention, and an upward trend. Formula and Python examples illustrate how the conditions can be combined and how matching shares can be ordered by price.

The page offers no backtest results or evidence that the screen is profitable. It cautions that simulated outcomes can differ from live returns, leaderboard activity may reflect unstable sentiment, and MACD can lag turning points. It also says the simple rules may generate noise, and suggests additional fundamental filters, parameter adjustments, and risk controls as possible refinements. The examples are implementation references; they do not establish the strategy's robustness or define a complete trading and portfolio management process.

Key ideas

• The screen requires elevated amplitude, prior-day leaderboard activity, and weekly MACD above zero.
• The conditions combine price movement, attention, and a trend indicator.
• The document supplies formula and Python examples for implementing and intersecting the filters.
• It warns that lagging signals, sentiment shifts, noise, and backtest-to-live differences limit the screen.

Tags

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