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

Monday, February 13, 2012

Scan 13 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BRITISH AMERICAN TOBACCO (M) BHLong2/13/201251.513650026.052919
JOBSTREET CORPORATION BHDLong2/13/20122.1412760033.572320
PELANGI PUBLISHING GROUP BHDLong2/13/20120.410120029.382918
MALAYSIAN BULK CARRIERS BHDShort2/13/20121.92301070044.872628
MALAYSIAN PLANTATIONS BHDShort2/13/20123.822304400262628
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)