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, December 27, 2011

Scan 27 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
OSK HOLDINGS BHDLong12/27/20111.74155450020.92422
SKP RESOURCES BHDLong12/27/20110.27525010023.43127
FAST TRACK SOLUTION HLDGS BHDShort12/27/20110.07550010028.352328

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