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

Friday, December 23, 2011

Scan 23 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HAI-O ENTERPRISE BHDLong12/23/20111.9223390034.932615
MUHIBBAH ENGINEERING (M) BHDLong12/23/20111.14466870023.453618
CONNECTCOUNTY HOLDINGS BHDShort12/23/20110.165121020025.652526
NAIM INDAH CORPORATION BHDShort12/23/20110.0573200024.281720
PALETTE MULTIMEDIA BHDShort12/23/20110.0612000020.712526

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