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

Friday, August 14, 2009

Scan 14 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HAP SENG PLANTATIONS HOLDINGS BLong8/14/20092.3679760020.033626
KIM LOONG RESOURCES BHDLong8/14/20092.0557430041.523932
BRITISH AMERICAN TOBACCO (M) BHShort8/14/20094517430031.423031
ES CERAMICS TECHNOLOGY BHDShort8/14/20090.07521000037.261116
HIROTAKO HOLDINGS BHDShort8/14/20090.81530600050.782829
MUHIBBAH ENGINEERING (M) BHDShort8/14/20091.431406890024.131921
RHYTHM CONSOLIDATED BHDShort8/14/20090.0453010032.052329
WTK HOLDINGS BHDShort8/14/20091.26163970024.292021

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