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

Wednesday, December 17, 2014

Scan 17 Dec 14

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MAH SING GROUP BHDLong12/17/20142.2861310027.253229
MALAYAN UNITED INDUSTRIES BHDLong12/17/20140.241380020022.013124
RAPID SYNERGY BHDShort12/17/20146.1411200020.552044
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