MACD Trend Screening with Rising Moving Averages and Shorter 15-Minute Bars

Summary

This document proposes a stock screen that combines a positive MACD reading, upward separation of the day’s moving averages, and a shortening MACD histogram bar on a 15-minute interval. The daily signals are intended to identify an upward trend, while the shorter-interval condition is presented as a more timely indication that momentum may be improving. The post includes formula references and sample calculations for MACD and moving averages, but it does not report historical tests or live results.

The author cautions that trend indicators cannot anticipate broad market direction and that 15-minute data may contain substantial random movement. The post also points to uncertainty in how the conditions should be weighted. It suggests adding fundamental research and other indicators, but supplies no validation showing that these additions improve signal quality. The sample code illustrates the proposed process; it is not a fully documented or evaluated trading system, and execution, costs, and risk management are left unspecified.

Key ideas

• The screen requires MACD above zero and an upward-moving average configuration.
• It adds a 15-minute MACD histogram condition intended to capture improving momentum.
• The post provides indicator formulas and illustrative code, without backtest results.
• Short-interval signals can be noisy, and trend indicators do not predict market direction.
• The proposed additions of fundamental and technical inputs are not empirically validated.

Tags

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