Screening Equities with Intraday MACD and Rising Moving Averages

Summary

This Chinese-language note describes a stock screen combining daily price amplitude above 1, a shortening negative MACD histogram on a 15-minute interval, and upward-sloping five-, ten-, and twenty-period moving averages. It interprets the amplitude filter as a way to find more volatile stocks, the MACD condition as a possible sign of a shift in direction, and rising averages as evidence of strengthening price action.

The note gives indicator formulas and sample Python logic, but the implementation is not fully consistent: the amplitude example uses turnover ratio, and the sample data workflow appears to mix stock-level and intraday data. No backtest or performance evidence is provided. It acknowledges that technical indicators alone can miss fundamentals and broader market conditions, and recommends considering these alongside industry trends or additional data. The screening conditions therefore describe a hypothesis for candidate selection, not evidence of predictive returns.

Key ideas

• The screen combines an amplitude threshold, a contracting negative MACD histogram, and rising moving averages.
• The MACD condition uses a 15-minute interval, while the moving average checks describe the current day.
• The document provides formula and Python examples but reports no performance evaluation.
• Its code examples do not consistently implement the stated amplitude condition.
• Fundamental information and market context may affect the screen's usefulness.

Tags

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