Stock Screening with Amplitude, Listing History, and a Shortening MACD Histogram

Summary

This Chinese-equity screening proposal selects stocks with daily amplitude above 1, a listing history longer than three years, and a shortening MACD green histogram on a 15-minute interval. The text presents higher amplitude as a way to find stocks likely to attract attention, excludes newer listings on the grounds that they may be less stable, and treats a shrinking negative histogram as a possible slowdown in the decline. It also suggests considering fundamental measures, though it does not define them.

The article provides indicator formulas and sample selection logic, but no backtest, performance evidence, or clear validation of its claims. It warns that the approach ignores company fundamentals, that MACD can lag price changes, and that short-term trading activity does not establish long-term upside. The sample code compares MACD-related values using daily index data despite describing a 15-minute signal, so its implementation does not clearly match the stated timeframe. This limits confidence in the example as a faithful implementation.

Key ideas

• The proposed screen requires amplitude above 1, a listing history longer than three years, and a shortening 15-minute MACD histogram.
• The article interprets the histogram change as a possible easing of short-term selling pressure.
• It recommends considering fundamental information but does not specify a concrete fundamental filter.
• No backtest or measured performance is supplied, and the author flags lag and fundamental blind spots.
• The sample implementation's data interval appears inconsistent with the stated 15-minute signal.

Tags

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