Screening Stocks with High Amplitude, Positive MACD, and a Curved Rise
Summary
The document proposes an equity screening rule that combines price amplitude above a threshold, MACD above its zero line, and a gradually rising, arc-shaped price pattern. It interprets amplitude as a measure of movement, positive MACD as a bullish signal, and the curved rise as a potentially stable upward trend with room for further movement. It suggests supplementing these technical conditions with fundamental measures to improve the quality and persistence of candidates.
The page mentions a charting-platform expression for identifying a curved rise and sketches a Python filter using market data and MACD, while leaving the price-curve calculation unfinished. It also warns that a curved advance may not persist and that technical screening can omit company fundamentals. No backtest, sample definition, execution rules, or performance evidence is provided, so the proposed interpretation and screening value remain untested in the document.
Key ideas
- The proposed screen combines elevated price amplitude, MACD above zero, and an arc-shaped upward price path.
- The author interprets amplitude as movement and positive MACD as a bullish condition.
- The suggested Python outline leaves the curved-price calculation incomplete.
- The document recommends adding fundamental indicators to screen for more robust candidates.
- It provides no test results and warns that the price pattern may be temporary.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.