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 9, 2012

Scan 8 Aug 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SILVER BIRD GROUP BHDLong8/8/20120.11737600023.843129
HOCK SENG LEE BHDShort8/8/20121.5829310027.312527
TEBRAU TEGUH BHDShort8/8/20120.745560500361419
TRC SYNERGY BHDShort8/8/20120.6319160023.182528

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