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

Friday, April 20, 2012

Scan 19 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KFC HOLDINGS (M) BHDLong4/19/20123.818410023.672620
PADIBERAS NASIONAL BHDLong4/19/20123.0742040029.682724
FURQAN BUSINESS ORGANISATION BHShort4/19/20120.23525500022.662528
JADI IMAGING HOLDINGS BHDShort4/19/20120.15511000028.722729
SAAG CONSOLIDATED (M) BHDShort4/19/20120.07472360020.761214
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