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

Friday, December 7, 2012

Scan 6 Dec 12

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
TAKASO RESOURCES BHDLong12/6/20120.478825120026.855013
BRIGHT PACKAGING INDUSTRY BHDShort12/6/20121.63162330036.352731
EXTOL MSC BHDShort12/6/20120.1106810024.552129
INTEGRATED LOGISTICS BHDShort12/6/20120.99553510022.592426
METRO KAJANG HOLDINGS BHDShort12/6/20121.9630670020.331552
WCT ENGINEERING BHDShort12/6/20122.3568510032.021152

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