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, January 25, 2012

Scan 25 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TA ANN HOLDINGS BHDLong1/25/20125.7830410023.583631
HAP SENG PLANTATIONS HOLDINGS BShort1/25/20122.8554770037.252425
MIECO CHIPBOARD BHDShort1/25/20120.4322950020.923136
SEACERA TILES BHDShort1/25/20120.61510500031.843032
TENCO BHDShort1/25/20120.66237730038.022324

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