Short-Interval MACD, RSI, and Money-Flow Stock Screen

Summary

This Chinese equity screen builds a stock pool using three signals: RSI below 65, a shortening negative MACD histogram on 15-minute bars, and capital-flow strength ranked from high to low. The code example calculates RSI and MACD from intraday prices and estimates money flow using price changes multiplied by volume. The intended approach seeks stocks with a less overbought reading, improving MACD histogram, and positive flow.

The article describes the screen as a short- to medium-term reference, but provides no backtest, return series, or other evidence of effectiveness. It notes that the method excludes industry and company fundamentals and that market volatility requires adjustment. There is a discrepancy between the prose, which calls for the MACD green bars to become shorter, and the code condition, which rejects a histogram that is not more negative than the prior reading. The article suggests adding fundamental filters, recalibrating thresholds, and using stop losses, without validating those changes.

Key ideas

• The screen combines RSI below 65, a 15-minute MACD histogram condition, and ranked capital-flow strength.
• The example estimates money flow from price changes and trading volume.
• The article does not provide backtest or live performance evidence.
• It warns that the method omits fundamental and industry analysis and remains exposed to volatility.
• The prose description of a shortening negative histogram does not clearly match the sample code condition.

Tags

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