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, September 13, 2011

Scan 13 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COUNTRY HEIGHTS HOLDINGS BHDLong9/13/20111.121930025.244726
DAYA MATERIALS BHDLong9/13/20110.175286120042.741917
MALAYSIA STEEL WORKS (KL)BHDShort9/13/20111.0230080028.252324
MK LAND HOLDINGS BHDShort9/13/20110.29529200028.322627

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