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Stock Screening with Amplitude, Positive MACD, and Bid Strength

Article SuperMind
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Summary

This document proposes screening stocks for amplitude above 1, MACD above its zero line, and first-level bid volume greater than first-level ask volume. It frames amplitude and MACD as technical strength filters and the order-book comparison as a way to identify relatively stronger buying interest. It includes platform formula examples and a Python-style sketch using price history and tick data.

The stated caveat is that quoted bid and ask sizes can be misleading or anomalous, so apparent demand may not represent durable buying interest. The author suggests adding fundamental analysis and market context. No test results or return evidence are given. The example code does not clearly apply the amplitude and MACD conditions consistently to each stock, and its data handling should be checked before relying on it.

Key ideas

  • The proposed screen requires amplitude above 1, positive MACD, and bid volume exceeding ask volume.
  • The order-book condition is intended to represent stronger near-term buying interest.
  • Displayed bid and ask sizes may be unreliable or anomalous.
  • The document offers no empirical results, and its code example requires validation.

Tags

EquitiesTechnical indicatorsMarket microstructure

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