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, March 24, 2012

Scan 23 Mar 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MQ TECHNOLOGY BHDLong3/23/20120.141031310023.274813
TAMADAM BONDED WAREHOUSE BHDLong3/23/20121.1385500036.692924
WIJAYA BARU GLOBAL BHDLong3/23/20120.755132370020.392120
EP MANUFACTURING BHDShort3/23/20120.84163230028.892123
FABER GROUP BHDShort3/23/20121.6840590021.721927
GSB GROUP BHDShort3/23/20120.145000021.352124
IJM CORPORATION BHDShort3/23/20125.76161970022.281825
PERISAI PETROLEUM TEKNOLOGI BHDShort3/23/20120.89673380020.862325
QL RESOURCES BHDShort3/23/20123.2320370021.291921
QSR BRANDS BHDShort3/23/20126.2551310046.662145
RCE CAPITAL BHDShort3/23/20120.49525870025.611819
STARHILL REAL ESTATE INVESTMENTShort3/23/20120.91539020024.291819
TIME ENGINEERING BHDShort3/23/20120.335385300022.352225

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