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

Tuesday, October 20, 2009

Scan 20 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EQUATOR LIFE SCIENCE BHDLong10/20/20090.0444060027.512214
KEY ASIC BHDLong10/20/20090.56200250021.761817
VERSATILE CREATIVE BHDLong10/20/20090.185688340029.34508
BANENG HOLDINGS BHDShort10/20/20090.1921610023.682744
FORMIS RESOURCES BHDShort10/20/20091.13149430021.622223
PLASTRADE TECHNOLOGY BHDShort10/20/20090.0813500036.69611

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