Screening Equities with Shortening 15-Minute MACD Bars and Turnover

Summary

This Chinese stock-screening post describes a short-term selection rule combining three signals: rank stocks by volume ratio as a proxy for capital strength, require turnover between 2% and 9%, and select stocks whose 15-minute MACD histogram’s negative bars are shortening. The post interprets shrinking negative bars as a possible shift toward an upward trend and higher turnover as a sign of activity.

It also suggests adding technical or fundamental filters and adjusting thresholds and time frames for different market conditions. The document provides no backtest results or performance evidence, and its example indicator formulas are rudimentary. The signals are short-horizon heuristics: volume and turnover do not establish net inflows or future returns, while MACD changes can be noisy. The post itself cautions that the approach may overemphasize near-term price action and fail to predict market direction.

Key ideas

• The screen ranks stocks by volume ratio, which the post uses as a proxy for capital strength.
• It filters for turnover above 2% and below 9%.
• It selects stocks whose negative MACD histogram bars are shortening on a 15-minute chart.
• The post proposes adding other technical or fundamental inputs and adapting thresholds to market conditions.
• No backtest or evidence of profitability is provided.

Tags

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