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

Saturday, April 13, 2013

Scan 12 Apr 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BATU KAWAN BHDLong4/12/201318.1810280023.52422
EVERGREEN FIBREBOARD BHDShort4/12/20130.5733000022.482829
PORTRADE DOTCOM BHDShort4/12/20130.0948000023.041624
SAPURA RESOURCES BHDShort4/12/20130.728240032.63146
TEJARI TECHNOLOGIES BHDShort4/12/20130.06537300038.052125
VISDYNAMICS HOLDINGS BHDShort4/12/20130.28593310039.083538

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