Screening Stocks by Amplitude, Recent Leaderboard Listing, and MACD
Summary
This stock-selection note combines three conditions: amplitude above 1, a listing on the prior day's trading leaderboard, and positive daily MACD. It interprets amplitude as evidence of short-term movement, leaderboard presence as a sign of market attention, and positive MACD as a bullish trend signal. The document includes example indicator logic and Python-style steps that intersect the sets of stocks satisfying each filter.
No backtest, return data, or evidence that leaderboard attention predicts continued gains is presented. The author warns that these stocks can be volatile, leaderboard records do not capture overall performance, and isolated indicators are incomplete. Suggested refinements include examining MACD across multiple timeframes and adding fundamental or capital-flow measures. The recipe is a candidate screen, not a full trading strategy; it does not specify execution, exits, or position sizing.
Key ideas
- The filter requires amplitude above 1, a prior-day leaderboard appearance, and positive daily MACD.\nThe note associates leaderboard presence with market attention and positive MACD with bullish momentum.\nExample logic combines candidates passing all three conditions.\nThe document provides no performance evidence and emphasizes volatility and indicator limitations.\nPossible refinements include multiple MACD timeframes and fundamental or capital-flow measures.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.