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, July 20, 2012

Scan 19 Jul 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BORNEO OIL BHDLong7/19/20120.4312820026.225416
CREST BUILDER HOLDINGS BHDLong7/19/20121.159640021.782621
ENGTEX GROUP BHDLong7/19/20120.9216080022.582519
GOODWAY INTEGRATED INDUSTRIES BLong7/19/20120.4123270044.223512
HEXZA CORPORATION BHDLong7/19/20120.63156850030.883721
ORNASTEEL HOLDINGS BHDLong7/19/20121.2513910024.063530
TA ANN HOLDINGS BHDLong7/19/20124.9651790022.843130
DKSH HOLDINGS(M)BHDShort7/19/20122.0628120031.533234

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