Screening Stocks with Shortening 15-Minute MACD Bars

Summary

This note outlines an equity screen based on a contracting MACD histogram on a 15-minute interval, daily amplitude above 1%, and a specified company-type filter. The article frames the shrinking histogram as a possible trading signal and the amplitude condition as a way to focus on stocks with short-term price movement. It includes formula and Python examples, although the examples mix daily historical data with a purported 15-minute signal and contain placeholder company-type conditions, so they do not establish a complete, directly reproducible implementation.

The article gives no backtest or return evidence. It cautions that relying heavily on technical signals can overlook fundamentals and industry conditions, and suggests combining indicators with financial and macroeconomic analysis. A contracting MACD histogram by itself does not establish a reliable entry or exit, and the note provides no rules for execution, position sizing, or risk limits.

Key ideas

• The proposed screen looks for a shortening MACD histogram on a 15-minute interval.
• It also requires price amplitude above 1% and a designated company type.
• The examples do not clearly implement a consistent 15-minute signal.
• The article provides no test results or evidence of profitability.
• It recommends considering company fundamentals, industry conditions, and additional risk controls.

Tags

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