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

Thursday, April 22, 2010

Scan 22 Apr 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DIALOG GROUP BHDShort4/22/20101.1268910022.222223
EASTERN & ORIENTAL BHDShort4/22/20100.985212870021.72123
KARYON INDUSTRIES BHDShort4/22/20100.12516640023.842023
KECK SENG (M) BHDShort4/22/20105.3220180042.012526
MELATI EHSAN HOLDINGS BHDShort4/22/20100.712380053.061851
NGIU KEE CORPORATION (M) BHDLong4/22/20100.13480760045.072827
OLYMPIA INDUSTRIES BHDShort4/22/20100.2229770026.062024
SUCCESS TRANSFORMER CORP BHDLong4/22/20101.2634740022.492622

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