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, November 13, 2012

Scan 12 Nov 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GADANG HOLDINGS BHDLong11/12/20120.64542500028.382824
SOUTH MALAYSIA INDUSTRIES BHDLong11/12/20120.18537390022.272725
COMPUGATES HOLDINGS BHDShort11/12/20120.091017880032.361617
HARVEST COURT INDUSTRIES BHDShort11/12/20120.34156170025.32527
INSAS BHDShort11/12/20120.416320020.61518
LAND & GENERAL BHDShort11/12/20120.445194380032.942223
NEXTNATION COMMUNICATION BHDShort11/12/20120.105977650022.52430
PANTECH GROUP HOLDINGS BHDShort11/12/20120.67529360022.952122
YUNG KONG GALVANISING INDUSTRIEShort11/12/20120.4212000032.21820

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