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, August 23, 2012

Scan 23 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KINSTEEL BHDLong8/23/20120.41562560026.22220
KUMPULAN JETSON BHDLong8/23/20121.3433240045.273124
STARHILL REAL ESTATE INVESTMENTLong8/23/20121.0616150034.112624
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