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

Monday, December 12, 2011

Scan 12 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KUMPULAN PERANGSANG SELANGOR BHLong12/12/20110.9114030020.212221
EQUATOR LIFE SCIENCE BHDShort12/12/20110.0420510040.761820
HEKTAR REAL ESTATE INVESTMENT TShort12/12/20111.3124740033.283037
MINPLY HOLDINGS (M) BHDShort12/12/20110.105820460029.962021
PJ DEVELOPMENT HOLDINGS BHDShort12/12/20110.72519600043.291930
SOUTH MALAYSIA INDUSTRIES BHDShort12/12/20110.20511020032.882025
TOYO INK GROUP BHDShort12/12/20111.6512020029.822528
UNITED PLANTATIONS BHDShort12/12/201118.514390031.812728

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