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, February 21, 2012

Scan 21 Feb 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CEPATWAWASAN GROUP BHDLong2/21/20121.2162730031.443028
BOLTON BHDShort2/21/20120.83525700021.152728
D.B.E. GURNEY RESOURCES BHDShort2/21/20120.1051140870025.041820
KUALA LUMPUR KEPONG BHDShort2/21/201224143980040.322328
PARAMOUNT CORPORATION BHDShort2/21/20121.6819970031.722833
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