Intraday MACD, Moving-Average, and Money-Flow Stock Screening

Summary

This A-share screening approach combines three signals: rank stocks by money-flow strength, require the closing price to be above its five-day moving average, and look for a shortening MACD histogram below zero on a 15-minute chart. The post interprets the moving-average condition as evidence of near-term price strength and the contracting negative histogram as a possible easing of downward momentum. It recommends considering net inflows alongside other flow measures and checking the MACD rule through backtesting. The document provides a procedural outline for calculating these measures, but no numerical results or performance evidence.

The author warns that reported money flows can be distorted, a short-term rise may not persist, and MACD signals can be unreliable. The screen also leaves important details unspecified, including the money-flow data source, how to calculate and rank flow strength, and the exact histogram comparison window. The stated final criteria do not define an entry, exit, or risk-management process. These omissions make the proposal a screening concept rather than a fully specified trading strategy; its signals need precise definitions and validation across periods and market conditions.

Key ideas

• The screen ranks stocks by money-flow strength and requires price above the five-day moving average.
• It uses a shortening negative MACD histogram on a 15-minute chart as a momentum signal.
• Money-flow data can be distorted, and short-term price strength may not persist.
• The post recommends combining flow measures and validating the MACD condition through testing.
• The document does not specify complete ranking, entry, exit, or risk rules.

Tags

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