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, January 20, 2010

Scan 20 Jan 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
SOLUTION ENGINEERING HOLDINGS BLong1/20/20100.19510970022.13721
ASIAEP BHDShort1/20/20100.095290870027.12021
GLOBAL CARRIERS BHDShort1/20/20100.1847900022.812831
GSB GROUP BHDShort1/20/20100.0558610035.351821
MISC BHDShort1/20/20108.639250029.692633
PERISAI PETROLEUM TEKNOLOGI BHDShort1/20/20100.535326680021.141923
RHYTHM CONSOLIDATED BHDShort1/20/20100.03167500027.92324

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