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

Tuesday, September 27, 2011

Scan 27 Sep 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AKN MESSAGING TECHNOLOGIES BHDLong9/27/20110.21522490023.622523
GOH BAN HUAT BHDLong9/27/2011152530074.295626
MENANG CORPORATION (M) BHDLong9/27/20110.18515000023.092921

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