Stock Screening with Turnover, Ten-Day Gain, and 15-Minute MACD

Summary

This stock screen combines turnover between 3% and 12%, a positive ten-day gain below 35%, and a 15-minute MACD histogram whose negative bars are shortening. It uses the improving histogram as a timing signal within stocks that have already shown some recent price appreciation and trading activity.

The document explains the intended conditions and flags dependence on a lagging technical indicator, especially during fast market changes. It recommends interpreting MACD alongside fundamental and trend measures, managing market risk, and reviewing the rules periodically. Formula and Python examples are included, but they do not establish performance: the Python example evaluates daily data and MACD rather than implementing the stated 15-minute condition, so it may not reproduce the described screen. No backtest results or evidence of profitability are provided.

Key ideas

• The screen requires turnover between 3% and 12% and a ten-day gain between zero and 35%.
• It uses a shortening negative MACD histogram on a 15-minute interval as a possible entry cue.
• The stated rationale combines recent price movement, trading activity, and technical timing.
• MACD can lag or mislead during rapid market changes, so the document advises adding broader evaluation and risk controls.
• The supplied code does not demonstrate the stated intraday rule consistently, and no performance evidence is reported.

Tags

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