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

Saturday, April 16, 2011

Scan 15 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
N2N CONNECT BHDLong4/15/20110.25521550026.162120
TELEKOM MALAYSIA BHDLong4/15/20114653270028.562521
TENCO BHDLong4/15/20110.7791640031.53228
IFCA MSC BHDShort4/15/20110.0631540028.311720
RCE CAPITAL BHDShort4/15/20110.52530080021.932021
TOWER REAL ESTATE INVESTMENT TRShort4/15/20111.1931910020.652729

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