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 31, 2011

Scan 30 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
INTELLIGENT EDGE TECHNOLOGIES BLong12/30/20110.03520010027.14128
MMS VENTURES BHDLong12/30/20110.11576930024.332923
NAIM INDAH CORPORATION BHDLong12/30/20110.06309610020.041914
PELIKAN INT.CORPORATION BHDLong12/30/20110.7826710020.381815
SEACERA TILES BHDLong12/30/20110.647990045.994027
TENCO BHDLong12/30/20110.65282880021.713415
WEIDA (M) BHDLong12/30/20110.9510780029.343731
MALAYSIA AIRPORT HOLDINGS BHDShort12/30/20115.872730020.252830
TALAM CORPORATION BHDShort12/30/20110.06747140025.321718

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