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

Monday, April 18, 2016

Scan 18 Apr 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
KIAN JOO CAN FACTORY BHDLong4/18/20163.24162480033.862916
LII HEN INDUSTRIES BHDLong4/18/20162.2485920024.453025
NWP HOLDINGS BHDLong4/18/20160.21557740021.278910
TOP GLOVE CORPORATION BHDLong4/18/20165.27533240024.272725
XIAN LENG HOLDINGS BHDLong4/18/20160.4542500035.33138
IJM CORPORATION BHDShort4/18/20163.54492440025.071518
MUDAJAYA GROUP BHDShort4/18/20161.27143210033.92635
SIGNATURE INTERNATIONAL BHDShort4/18/20161.0481450039.55970

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