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, April 28, 2011

Scan 27 Apr 11

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HONG LEONG BANK BHDLong4/27/201110.34131820027.933527
QL RESOURCES BHDLong4/27/20113.25243910024.742116
BINA GOODYEAR BHDShort4/27/20110.7419850029.912226
D.B.E. GURNEY RESOURCES BHDShort4/27/20110.0956895080020.972125
LEN CHEONG HOLDING BHDShort4/27/20110.11512400033.922940
MARCO HOLDINGS BHDShort4/27/20110.14559500029.73234
NOTION VTEC BHDShort4/27/20112.1423790026.062728
ZECON BHDShort4/27/20110.4855570020.332531

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