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, November 16, 2009

Scan 16 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MANULIFE INSURANCE (M) BHDLong11/16/20092.513180024.643823
OILCORP BHDLong11/16/20090.13166930030.232524
AHB HOLDINGS BHDShort11/16/20090.15136350043.682228
CWORKS SYSTEMS BHDShort11/16/20090.1665900024.391920
DAYA MATERIALS BHDShort11/16/20090.365170440030.062526
MAXBIZ CORPORATION BHDShort11/16/20090.06516550023.591920
MCM TECHNOLOGIES BHDShort11/16/20090.09536010032.642327

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