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

Sunday, July 8, 2012

Scan 6 Jul 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
D & O VENTURES BHDShort7/6/20120.13576400022.642935
DELEUM BHDShort7/6/20121.7912910031.923334
PAN MALAYSIAN INDUSTRIES BHDShort7/6/20120.0476060083.842326
WINSUN TECHNOLOGIES BHDShort7/6/20120.11592900024.111921

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