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, April 24, 2012

Scan 24 Apr 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AHMAD ZAKI RESOURCES BHDLong4/24/20120.86574380026.653628
QUALITY CONCRETE HOLDINGS BHDLong4/24/20121.3596180039.044719
TOP GLOVE CORPORATION BHDLong4/24/20124.628620034.713226
ASIATIC DEVELOPMENT BHDShort4/24/20129.4638170024.962326
BIO OSMO BHDShort4/24/20120.1835800033.822325
LEE SWEE KIAT GROUP BHDShort4/24/20120.1522940030.042527
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