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

Wednesday, September 28, 2011

Scan 28 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BRIGHT PACKAGING INDUSTRY BHDLong9/28/20110.4652550021.82619
CAROTECH BHDLong9/28/20110.03513000020.862622
DPS RESOURCES BHDLong9/28/20110.0958590028.233022
GLOBETRONICS TECHNOLOGY BHDLong9/28/20110.913490031.662423
GPA HOLDINGS BHDShort9/28/20110.0717040024.22332

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