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 28, 2012

Scan 27 Jan 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CLASSIC SCENIC BHDLong1/27/20120.7411380021.014427
ESTHETICS INTERNATIONAL GROUP BLong1/27/20120.3910010020.22523
SMPC CORPORATION BHDLong1/27/20120.2224370020.164729
FLONIC HI-TEC BHDShort1/27/20120.13165140027.772225
LEE SWEE KIAT GROUP BHDShort1/27/20120.1145620022.842128

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