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, January 12, 2011

Scan 12 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AEON CO. (M) BHDLong1/12/20116.426590027.894031
HI-CITY BIOSCIENCE GROUP BHDLong1/12/20110.44334830022.84820
MWE HOLDINGS BHDLong1/12/20111.1211920025.313635
PROTON HOLDINGS BHDLong1/12/20114.7831560020.313325
GSB GROUP BHDShort1/12/20110.0533520060.893847
PPB GROUP BHDShort1/12/201117.1113300023.562330
RCE CAPITAL BHDShort1/12/20110.575160480027.672930
UTUSAN MELAYU (M) BHDShort1/12/20110.8610490037.353334

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