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 4, 2009

Scan 4 Nov 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GLOBETRONICS TECHNOLOGY BHDLong11/4/20090.84510040029.211816
HUBLINE BHDLong11/4/20090.282918940045.973022
RAMUNIA HOLDINGS BHDLong11/4/20090.57161260020.194121
RHB CAPITAL BHDLong11/4/20095.4165970020.182624
AMFIRST REAL ESTATE INVESTMENTShort11/4/20091.0431940037.492428
TAMADAM BONDED WAREHOUSE BHDShort11/4/20090.526460028.382428

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