Screening Stocks with Intraday MACD, Amplitude, and a Five-Day Average

Summary

This Chinese-language document proposes a stock screen combining three conditions: amplitude above a stated threshold, a shrinking negative MACD histogram on a 15-minute interval, and the stock price above its five-day moving average. The rationale is to find names with notable movement, possible momentum improvement, and a short-term upward bias. It also gives example indicator logic and a Python-oriented outline for filtering data.

The article warns that raw amplitude and price levels may not be comparable across stocks, and that the screen omits company fundamentals. It suggests standardizing criteria, considering measures such as earnings growth and valuation, and adding other indicators. However, it provides no backtest, out-of-sample results, or detailed rules for data alignment and universe construction. The examples are therefore a screening concept, not evidence that the combined conditions produce profitable trades.

Key ideas

• The proposed screen combines high amplitude, a contracting negative MACD histogram, and price above a five-day average.
• The MACD condition is evaluated on 15-minute data.
• The author identifies cross-stock scale differences and missing fundamental analysis as limitations.
• The document suggests standardizing thresholds and supplementing technical signals with company analysis.
• No profitability evidence or backtest is provided.

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