Weekly Stock Screen Combining Volatility, Institutional Participation, and MACD
Summary
The document outlines a weekly stock-selection screen that combines three filters: a five-period amplitude measure above one, institutional participation above 30, and weekly MACD above zero using standard 12, 26, and 9 settings. Stocks meeting all conditions are selected after the weekly close. The rationale is to combine recent price movement, a measure associated with institutional buying, and positive longer-term momentum. The post frames the approach as suitable for medium- to long-term investing, but does not define the amplitude calculation or establish how institutional participation is measured beyond naming the platform field.
No backtest results, benchmark comparison, transaction costs, portfolio rules, or out-of-sample evidence are supplied. The post itself warns that the filters omit company fundamentals and may misclassify candidates. It suggests evaluating fundamentals alongside the signals and adjusting thresholds to fit an investor's preferences. The accompanying sample code is described as a reference, so its data-source and platform assumptions should be checked before implementation.
Key ideas
- The screen selects stocks after each weekly close using three conditions.
- It requires a five-period amplitude measure above one and institutional participation above 30.
- It also requires weekly MACD, with 12, 26, and 9 settings, to be positive.
- The post gives no performance evidence and warns that fundamentals are omitted.
- The sample implementation and platform-specific fields may need adaptation and validation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.