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

Saturday, December 3, 2011

Scan 2 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ENVAIR HOLDING BHDLong12/2/20110.291004500027.623226
KUB MALAYSIA BHDLong12/2/20110.695502110020.681918
PALETTE MULTIMEDIA BHDLong12/2/20110.075159100031.82621
SILVER BIRD GROUP BHDLong12/2/20110.41512800022.762725
TALIWORKS CORPORATION BHDLong12/2/20111.0420000021.063937
PATIMAS COMPUTERS BHDShort12/2/20110.07106810025.131819
RB LAND HOLDINGS BHDShort12/2/20112.1169960020.462831
TSH RESOURCES BHDShort12/2/20111.9287430065.351959
VITROX CORPORATION BHDShort12/2/20110.823550033.853741

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