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

Wednesday, November 18, 2009

Scan 18 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
HOVID BHDLong11/18/20090.265261400023.272921
LB ALUMINIUM BHDLong11/18/20090.535277230831.243522
MAXBIZ CORPORATION BHDLong11/18/20090.0719290020.852219
MCM TECHNOLOGIES BHDLong11/18/20090.09525000028.542624
MICROLINK SOLUTIONS BHDShort11/18/20090.1520410028.852729
MTOUCHE TECHNOLOGY BHDShort11/18/20090.33573930042.62046

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