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Screening Stocks with 15-Minute MACD and Net Buying Activity

Article SuperMind
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Summary

This post proposes a short-term stock screen based on reported daily position increases and a 15-minute MACD condition. It seeks stocks with an increase ratio above 5%, a stated minimum time since listing, and a shortening green MACD histogram, which the post interprets as a possible strengthening price trend. The sample logic then uses the MACD difference and signal lines to select candidates, with a separate sketch for filtering net buying activity.

The explanation and implementation are not fully consistent: the sample condition compares MACD lines rather than directly measuring whether histogram bars are getting shorter, and the listing-time filter is vague. The post offers no backtest or return evidence. It acknowledges that the screen relies heavily on short-term technical and activity measures, omits fundamental information, and may miss longer-term opportunities; it suggests considering fundamentals and longer MACD periods.

Key ideas

  • The proposed screen combines daily net buying activity with a 15-minute MACD signal.
  • The post treats a shortening negative MACD histogram as a possible sign of strengthening prices.
  • The sample code does not clearly implement the stated histogram-shortening condition.
  • The listing-time requirement is underspecified, and no performance evidence is provided.
  • The author notes that short-term technical filters omit fundamental and longer-horizon considerations.

Tags

EquitiesTechnical indicatorsMomentumChina markets

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