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, August 20, 2013

Scan 19 Aug 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LITESPEED EDUCATION TECHNOLOGIELong8/19/20130.105395390030.013818
MIECO CHIPBOARD BHDLong8/19/20130.38235000213827
PRESTAR RESOURCES BHDLong8/19/20130.42512520031.424329
N2N CONNECT BHDShort8/19/20130.46511730027.52437

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