Screening Stocks by Amplitude, Recent Leaderboard Appearance, and MACD

Summary

This stock selection method combines three conditions: the prior session’s high-to-low amplitude must exceed 1%, the stock must have appeared on the previous day’s trading leaderboard, and its MACD reading from two sessions earlier must be below zero. The article describes amplitude as a way to find volatile stocks, leaderboard inclusion as a sign of market attention, and negative MACD as an indication of a downward trend. It provides illustrative indicator-platform and Python workflows for intersecting the qualifying stock lists.

The article offers no backtest, performance data, or evidence that these filters predict returns. Its own caveats are that the conditions are narrow and MACD reflects price behavior while leaving out other influences. It suggests adding indicators such as KDJ or RSI and revisiting the selection rules as markets change. The method is therefore a basic screening recipe, not a fully specified trading system: it gives no entry, exit, or position-sizing rules, and the code examples do not establish profitability.

Key ideas

• The screen requires prior-session amplitude above 1%, a leaderboard appearance yesterday, and MACD below zero two sessions earlier.
• The article associates amplitude with short-term volatility and leaderboard inclusion with market attention.
• It interprets negative MACD as indicating a downward trend.
• The examples combine the qualifying conditions into one stock list, but provide no performance evidence.
• The article recommends considering additional indicators and periodically reviewing the filters.

Tags

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