Screening Stocks with Intraday MACD, Amplitude, and Capital Flow

Summary

The document presents a stock screen that combines a minimum amplitude condition, a 15-minute MACD histogram that is shrinking while still negative, and a ranking by capital strength or flow. Its stated rationale is to find active stocks with signs of improving short-term momentum and substantial capital activity. It also provides example screening logic and a Python workflow for filtering stocks, calculating MACD, and sorting by traded amount.

The author warns that the screen can overlook company fundamentals and broader market conditions, and that volatile stocks carry additional risk. High capital activity may not correspond to strong price gains. Suggested refinements include adding valuation or growth measures, combining capital flow with trading volume, and adjusting rankings for flow speed and market context. The document offers no backtest or evidence of profitability, so the conditions should be treated as a screening proposal rather than a validated strategy.

Key ideas

• The screen requires amplitude above its stated threshold, a shortening negative MACD histogram on a 15-minute timeframe, and a descending capital-flow ranking.
• The proposed conditions aim to identify active stocks with short-term momentum signals.
• The author notes that volatile stocks and indicator-heavy screens can carry risks or omit fundamental information.
• Capital activity may be high even when a stock’s price gain is small.
• Suggested refinements include incorporating fundamentals, volume, flow speed, and overall market conditions.

Tags

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