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, November 12, 2009

Scan 12 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
LATEXX PARTNERS BHDLong11/12/20092.68371590030.592521
QSR BRANDS BHDLong11/12/20093.4288110021.093631
SUNRISE BHDLong11/12/20092.397290025.962824
ADVANCE INFORMATION MARKETING BShort11/12/20090.1243310026.821924
KOMARKCORP BHDShort11/12/20090.2825000020.621725
MALAYSIAN AIRLINE SYSTEM BHDShort11/12/20093.1229690020.632228
WAH SEONG CORPORATION BHDShort11/12/20092.3648830021.422324
WENG ZHENG RESOURCES BHDShort11/12/20090.3523140038.692834

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