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

Tuesday, December 20, 2011

Scan 20 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KONSORTIUM TRANSNASIONAL BHDLong12/20/20110.15576010020.256720
WCT ENGINEERING BHDLong12/20/20112.11104960025.822928
AEON CO. (M) BHDShort12/20/20117.14100550020.33238
BINA GOODYEAR BHDShort12/20/20110.6340020024.742327
BRITISH AMERICAN TOBACCO (M) BHShort12/20/20114810330021.272022
CEPATWAWASAN GROUP BHDShort12/20/20111.4711140021.032125
OSK HOLDINGS BHDShort12/20/20111.72253800026.532325

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