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

Saturday, August 13, 2011

Scan 11 Aug 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
APP INDUSTRIES BHDLong8/11/20110.6814600033.43522
HUNZA PROPERTIES BHDLong8/11/20111.6136750035.823532
SANBUMI HOLDINGS BHDLong8/11/20110.225407000242928
YINSON HOLDINGS BHDLong8/11/20111.9828620043.672826
ASIAEP BHDShort8/11/20110.0535530038.071418
MEDA INC. BHDShort8/11/20110.3547540035.152529
SILVER RIDGE HOLDINGS BHDShort8/11/20110.2461900025.252324
ZECON BHDShort8/11/20110.63577250040.22829

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