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, November 16, 2011

Scan 15 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KYM HOLDINGS BHDLong11/15/20111.6827760038.534521
AIC CORPORATION BHDShort11/15/20111.1812410023.912021
ENVAIR HOLDING BHDShort11/15/20110.271411160037.642231

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