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

Monday, October 19, 2009

Scan 19 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FOCUS DYNAMICS TECHNOLOGIES BHDLong10/19/20090.12146820020.814224
KBES BHDLong10/19/20090.21535400027.924731
MAXBIZ CORPORATION BHDLong10/19/20090.065134700020.363819
MULTI-PURPOSE HOLDINGS BHDLong10/19/20091.94575810023.062717
PALETTE MULTIMEDIA BHDLong10/19/20090.0594550034.492015
KIM LOONG RESOURCES BHDShort10/19/20091.8939320023.562536
UNICO-DESA PLANTATIONS BHDShort10/19/20090.79511830025.222125

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