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

Wednesday, December 7, 2011

Scan 6 Dec 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BTM RESOURCES BHDShort12/6/20110.26518790020.11826
CENTURY BOND BHDShort12/6/20110.7628370033.582428
FOCUS DYNAMICS TECHNOLOGIES BHDShort12/6/20110.095813830031.742227
GUAN CHONG BHDShort12/6/20112.4412940024.722431
KUALA LUMPUR KEPONG BHDShort12/6/201121.6875140024.982230
SUCCESS TRANSFORMER CORP BHDShort12/6/20110.8722220021.782838

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