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

Friday, November 11, 2011

Scan 10 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BINA GOODYEAR BHDLong11/10/20110.60540530027.052524
BOON KOON GROUP BHDShort11/10/20110.35537200027.492324
EKSONS CORPORATION BHDShort11/10/20111.0912480022.262431
FABER GROUP BHDShort11/10/20111.62112980024.362730
HAP SENG CONSOLIDATED BHDShort11/10/20111.46122230022.452225
MALAYSIAN BULK CARRIERS BHDShort11/10/20111.7717290021.352732
PUBLIC BANK BHDShort11/10/201112.6113520024.772426
WCT ENGINEERING BHDShort11/10/20112.38233180024.882225
YTL CORPORATION BHDShort11/10/20111.47622810026.042122

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