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, January 14, 2012

Scan 13 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TEJARI TECHNOLOGIES BHDLong1/13/20120.0653451330024.412015
THREE-A RESOURCES BHDLong1/13/20121.21442030029.353123
TRICUBES BHDLong1/13/20120.165575460020.152725
MALAYSIAN PACIFIC INDUSTRIES BHShort1/13/20122.837150026.732526
RB LAND HOLDINGS BHDShort1/13/20122.2118650020.562829
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