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, October 8, 2009

Scan 8 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BORNEO AQUA HARVEST BHDLong10/8/20090.6218310026.912625
CHIN WELL HOLDINGS BHDLong10/8/20091.0912000027.432623
HUBLINE BHDLong10/8/20090.323236040021.652317
MAHAJAYA BHDLong10/8/20090.44513350020.85187
NTPM HOLDINGS BHDLong10/8/20090.53542900028.742725
PALETTE MULTIMEDIA BHDLong10/8/20090.04516100050.682016
WTK HOLDINGS BHDLong10/8/20091.18221550024.942819

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