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

Sunday, March 17, 2013

Scan 15 Mar 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
JOHAN HOLDINGS BHDLong3/15/20130.144546700262016
LB ALUMINIUM BHDLong3/15/20130.3510610028.372927
PRICEWORTH WOOD PRODUCTS BHDLong3/15/20130.2722720021.313525
RIMBUNAN SAWIT BHDLong3/15/20130.76330970034.532923
SMR TECHNOLOGIES BHDLong3/15/20130.2273710041.793330
VIZTEL SOLUTIONS BHDLong3/15/20130.09512470020.152219
ASIATIC DEVELOPMENT BHDShort3/15/20138.5325790021.642435
INFORTECH ALLIANCE BHDShort3/15/20130.22521300036.682430

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