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
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