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 20, 2009

Scan 20 Aug 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED SYNERGY BHD-ICULSLong8/20/20090.0822130023.473024
AHB HOLDINGS BHDLong8/20/20090.12516510024.313326
UMW HOLDINGS BHDLong8/20/20096.1586390023.172422
KZEN SOLUTIONS BHDShort8/20/20090.0716000024.061823
UTUSAN MELAYU (M) BHDShort8/20/20090.8911630047.922530

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