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

Tuesday, March 16, 2010

Scan 16 Mar 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
MLABS SYSTEMS BHDLong3/16/20100.10549920038.973028
PLUS EXPRESSWAYS BHDLong3/16/20103.38206060027.62820
ASIAEP BHDShort3/16/20100.07141850021.61924
BOUSTEAD HOLDINGS BHDShort3/16/20103.4248620029.662728
FOCAL AIMS HOLDINGS BHDShort3/16/20100.23520710057.752027
HAI-O ENTERPRISE BHDShort3/16/20104.68384730051.731272
KENCANA PETROLEUM BHDShort3/16/20101.48169000020.262324
MALAYSIA AIRPORT HOLDINGS BHDShort3/16/20104.7234490043.152730
MCM TECHNOLOGIES BHDShort3/16/20100.1128500032.763032
TELEKOM MALAYSIA BHDShort3/16/20103.22801140031.52223

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