ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Thursday, April 14, 2011

Scan 14 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TOYO INK GROUP BHDLong4/14/20111.6612100046.21817
YTL CORPORATION BHDLong4/14/20117.4622960023.83324
BORNEO OIL BHDShort4/14/20110.55331030023.252124
EQUINE CAPITAL BHDShort4/14/20110.485161390023.362426
FORMIS RESOURCES BHDShort4/14/20110.835286900021.731550
IJM CORPORATION BHDShort4/14/20116.26516980022.112527
TA ENTERPRISE BHDShort4/14/20110.725128750024.072021

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