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, September 12, 2012

Scan 11 Sep 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
WATTA HOLDING BHDLong9/11/20120.2622700020.532418
WENG ZHENG RESOURCES BHDLong9/11/20120.27515100040.89119
AE MULTI HOLDINGS BHDShort9/11/20120.234520024.042536
AHMAD ZAKI RESOURCES BHDShort9/11/20120.6811250024.551516
APEX EQUITY HOLDINGS BHDShort9/11/20121.2212820043.223042
KIAN JOO CAN FACTORY BHDShort9/11/20122.4426420041.862231
MLABS SYSTEMS BHDShort9/11/20120.1333770025.483436

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