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 19, 2011

Scan 19 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BOUSTEAD HOLDINGS BHDLong12/19/20115.49157990025.133022
CHANGHUAT CORPORATION BHDLong12/19/20110.8428850021.141311
EQUATOR LIFE SCIENCE BHDLong12/19/20110.03538510029.81712
NTPM HOLDINGS BHDLong12/19/20110.5169000024.212915
OGAWA WORLD BHDLong12/19/20110.37534000027.233427
FRASER & NEAVE HOLDINGS BHDShort12/19/201118.112580031.352334
HEXAGON HOLDINGS BHDShort12/19/20110.18527900027.741819

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