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

Saturday, October 10, 2009

Scan 9 Oct 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AXIS INCORPORATION BHDLong10/9/20090.03517000020.213029
CBS TECHNOLOGY BHDLong10/9/20090.535228700027.142720
IGB CORPORATION BHDLong10/9/20091.75854470021.163823
HUBLINE BHDShort10/9/20090.2551034100023.061535
IRM GROUP BHDShort10/9/20090.30514760023.222023
TANCO HOLDINGS BHDShort10/9/20090.0934100027.072930

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