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 5, 2011

Scan 5 Jan 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMALGAMATED CONTAINERS BHDLong1/5/20115.73213480026.042421
FREIGHT MANAGEMENT HLDGS BHDLong1/5/20111.0314870025.042721
LITYAN HOLDINGS BHDLong1/5/20110.9518780027.343022
MOBIF BHDLong1/5/20110.0568500045.494741
NAM FATT CORPORATION BHDLong1/5/20110.06297380029.984124
PROTASCO BHDLong1/5/20111.1330160032.763329
YONG TAI BHDLong1/5/20110.2627640028.962111
THREE-A RESOURCES BHDShort1/5/20111.612750020.082123

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