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

Tuesday, March 27, 2012

Scan 26 Mar 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DOMINANT ENTERPRISE BHDLong3/26/20120.66558170029.893021
INTEGRAX BHDLong3/26/20121.3316330026.32923
MINETECH RESOURCES BHDLong3/26/20120.1691250022.54727
PADINI HOLDINGS BHDLong3/26/20121.3763540028.992322
PASDEC HOLDINGS BHDLong3/26/20120.4172810026.324718
K & N KENANGA HOLDINGS BHDShort3/26/20120.6110100020.441925
TEXCHEM RESOURCES BHDShort3/26/20120.630970030.331719

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