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

Thursday, April 26, 2012

Scan 25 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHANGHUAT CORPORATION BHDLong4/25/20120.8621310026.872317
PALETTE MULTIMEDIA BHDLong4/25/20120.07522310021.192619
HING YIAP KNITTING INDUSTRIES BShort4/25/20121.611500032.381723
TANJUNG OFFSHORE BHDShort4/25/20120.78324550026.913135
TH PLANTATIONS BHDShort4/25/20122.65199220023.181841
TOWER REAL ESTATE INVESTMENT TRShort4/25/20121.3912050030.083233

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