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, September 27, 2017

Scan 27 Sep 17

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CNI HOLDINGS BHDLong9/27/20170.0714040025.923225
FURNIWEB INDUSTRIAL PRODUCTS BHLong9/27/20171.0351260024.833015
KRETAM HOLDINGS BHDLong9/27/20170.5621640020.943025
TA ENTERPRISE BHDShort9/27/20170.66534900026.012122

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