Screening Stocks with Price Amplitude, Weekly MACD, and Capital Flows

Summary

This document proposes a stock-selection screen using price amplitude above 1, a positive weekly MACD histogram, and capital-flow strength ordered from higher to lower. It frames these conditions as a way to combine price movement, weekly trend, and buying interest. Formula and Python examples illustrate possible implementations, with the Python version checking weekly price and flow data alongside a daily amplitude measure, then retaining stocks that satisfy all three conditions.

The article provides no backtest, performance figures, or evidence that the screen predicts returns. It cautions that the logic omits company fundamentals and that low-float stocks may be especially vulnerable to distorted flow readings. It suggests adding indicators such as RSI or KDJ, fundamental valuation measures, and broader market context. The example code is explicitly presented as a starting point, and the calculations and data fields may need adaptation; therefore, the screen’s behavior depends on implementation and data quality.

Key ideas

• The proposed screen combines amplitude above 1, a positive weekly MACD histogram, and rising capital-flow strength.
• The examples apply the conditions to both daily and weekly market data.
• The document provides implementation illustrations but no evidence from a backtest or live trading results.
• The screen omits fundamentals, and low-float shares may produce unreliable flow signals.
• Potential refinements include additional technical indicators, valuation measures, and market context.

Tags

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