Stock Screening with Moving Average Alignment, Amplitude, and Position Growth
Summary
The post proposes selecting stocks with amplitude above 1, three moving averages aligned bullishly, and a daily position increase above 5%. It frames position growth as a gauge of investor activity and suggests combining it with technical indicators and flexible risk controls. The listed formula reference mentions amplitude and moving averages, while its sample Python conditions use turnover and price change filters instead of the stated position increase. This makes the implementation an imperfect match for the described screen.
No backtest, performance figures, or evidence of predictive power are provided. The author cautions that position growth can be affected by company fundamentals, macroeconomic conditions, and policy, so the signal needs contextual review. The post also recommends broader assessment and risk management, but does not specify position sizing, exit rules, or a method for validating the screen. The thresholds and indicator definitions may therefore need clarification before practical use.
Key ideas
- The proposed screen combines amplitude above 1 with bullish alignment across three moving averages.
- It also calls for daily position growth above 5% as a measure of market participation.
- The sample code uses turnover and price change filters that differ from the stated position growth condition.
- The post provides no performance testing and advises considering fundamental, macroeconomic, and policy influences.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.