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

Tuesday, August 7, 2012

Scan 7 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INSAS BHDLong8/7/20120.41528710029.261716
LINEAR CORPORATION BHDLong8/7/20120.0523150031.336225
FITTERS DIVERSIFIED BHDShort8/7/20120.76170590024.372226
GPRO TECHNOLOGIES BHDShort8/7/20120.12510569500034.862947
REDTONE INTERNATIONAL BHDShort8/7/20120.31208030043.112326
TSH RESOURCES BHDShort8/7/20122.5456280024.322234

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