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

Thursday, May 9, 2013

Scan 9 May 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ANCOM BHDLong5/9/20130.3718490026.423017
ANN JOO RESOURCES BHDLong5/9/20131.27127350022.442623
STAR PUBLICATIONS (M) BHDLong5/9/20132.42117270020.112928
CWORKS SYSTEMS BHDShort5/9/20130.13511230020.763839
KNM GROUP BHDShort5/9/20130.46519870030.22526
VERSATILE CREATIVE BHDShort5/9/20130.329940022.572728

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