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, October 23, 2012

Scan 23 Oct 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INDUSTRONICS BHDLong10/23/20120.62517870020.373425
TDM BHDLong10/23/20123.548300037.873819
HIAP TECK VENTURE BHDShort10/23/20120.49518880032.582627
SEG INTERNATIONAL BHDShort10/23/20122.0716660026.792125
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