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, August 22, 2013

Scan 21 Aug 13

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBAL INVACOM GROUP LIMITEDLong8/21/20130.19436000027.243127
HSI 21600 MB EPW131230Long8/21/20130.10518500030.994846
ANNAIK LIMITEDShort8/21/20130.10114000021.853947
CHINA KUNDA TECH HOLDINGS LTDShort8/21/20130.03226000023.92553
CHINA MERCHANTS HLDGS(PACIFIC)Short8/21/20130.8461800027.753141
CHINA PAPER HOLDINGS LIMITEDShort8/21/20130.02737500023.752731
HSI 22400 UB ECW130927Short8/21/20130.0651210000026.473950
LEE METAL GROUP LTDShort8/21/20130.3826300033.092542

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