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, July 16, 2011

Scan 15 July 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FABER GROUP BHDLong7/15/20112.0413820020.792420
HO HUP CONSTRUCTION COMPANY BHDLong7/15/20110.836580023.463027
HONG LEONG BANK BHDLong7/15/201113.637380021.632927
MITHRIL BHDLong7/15/20110.065230570024.61912
TRANS-ASIA SHIPPING CORP BHDLong7/15/20111.5812240038.324427
WANG-ZHENG BHDLong7/15/20110.5857840025.05699
AMMB HOLDINGS BHDShort7/15/20116.4340730026.222326
HAP SENG CONSOLIDATED BHDShort7/15/20111.64228640021.69780
TRADEWINDS (M) BHDShort7/15/20119.9526170023.492531

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