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

Friday, April 2, 2010

Scan 1 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CYL CORPORATION BHDLong4/1/20100.5215780024.082524
HI-CITY BIOSCIENCE GROUP BHDLong4/1/20100.545163710021.512924
ASTRAL SUPREME BHDShort4/1/20100.2765500032.042631
INGENUITY SOLUTIONS BHDShort4/1/20100.04541240050.52730
NAIM INDAH CORPORATION BHDShort4/1/20100.0417080024.713132
ORIENTAL HOLDINGS BHDShort4/1/20106.0115610032.543032

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