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, April 11, 2013

Scan 10 Apr 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GPA HOLDINGS BHDLong4/10/20130.07574200021.14535
KULIM (M) BHDLong4/10/20133.69265490022.813022
INTEGRATED LOGISTICS BHDShort4/10/20130.9435410020.052429
LUSTER INDUSTRIES BHDShort4/10/20130.0951656200021.821620
RHB CAPITAL BHDShort4/10/20138.5284580024.332021

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