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, August 17, 2016

Scan 17 Aug 16

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DAIBOCHI PLASTIC & PACKAGING INLong8/17/20162.1120710035.422117
REDTONE INTERNATIONAL BHDLong8/17/20160.40553860041.112625
SYARIKAT TAKAFUL MALAYSIA BHDLong8/17/20164.1933470035.882619
BORNEO AQUA HARVEST BHDShort8/17/20161.0856890033.342527
MARCO HOLDINGS BHDShort8/17/20160.155201440021.813137

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