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 9, 2011

Scan 9 Nov 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EDARAN DIGITAL SYSTEMS BHDLong11/9/20110.4152900031.93288
PDZ HOLDINGS BHDLong11/9/20110.075188030021.62716
GPRO TECHNOLOGIES BHDShort11/9/20110.1555357890045.122127
RIMBUNAN SAWIT BHDShort11/9/20110.831477920023.421758
TDM BHDShort11/9/20112.9562270020.322426
YUNG KONG GALVANISING INDUSTRIEShort11/9/20110.41515920029.653638

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