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, January 21, 2012

Scan 20 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FLONIC HI-TEC BHDLong1/20/20120.1353086970033.752623
MIECO CHIPBOARD BHDLong1/20/20120.4412100022.083332
PETRA PERDANA BHDLong1/20/20120.7256510022.032120
SEACERA TILES BHDLong1/20/20120.61535350034.243231
MULPHA LAND BHDShort1/20/20120.412190024.351729
WONG ENGINEERING CORPORATION BHShort1/20/20120.2113920024.932426

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