Screening for High Amplitude, Positive MACD, and a Two-Day High

Summary

This stock-selection note combines three short-term technical conditions: amplitude above 1, a positive MACD-related condition, and a current high equal to the highest high over two days. The accompanying rationale treats amplitude as a measure of movement, MACD as a sign of bullish pressure, and the two-day high as evidence of recent price strength. It provides formula references and a sample data workflow that also orders candidates by turnover.

The note does not report a backtest or any outcome evidence. It cautions that the screen focuses on short-term price behavior and leaves out company fundamentals and industry direction. Its formula wording also merits verification: the stated MACD condition is described as being above zero, while the supplied formula checks a crossing of zero, which can represent a different event. The sample code and data fields would likewise need validation before use. The screen is best understood as a technical filter requiring clear signal definitions and independent testing.

Key ideas

• The screen requires amplitude above 1, a positive MACD-related condition, and a two-day high.
• The stated rationale combines volatility and bullish price momentum.
• The sample workflow sorts filtered stocks by turnover.
• The note supplies no performance results and omits fundamental and industry analysis.
• Its MACD formula may not match the prose definition and should be checked.

Tags

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