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

Tuesday, April 19, 2011

Scan 18 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EQUINE CAPITAL BHDLong4/18/20110.5354610021.193023
GENTING BHDLong4/18/201111.14389390020.563020
TONG HERR RESOURCES BHDLong4/18/20112.620620020.153533
SHELL REFINING CO (F.O.M.) BHDShort4/18/201110.8812550021.851821

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