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, May 18, 2010

Scan 18 May 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EMIVEST BHDLong5/18/20100.64527920021.613428
JOTECH HOLDINGS BHDLong5/18/20100.07544430021.052119
MARCO HOLDINGS BHDLong5/18/20100.12577000032.695733
TELEKOM MALAYSIA BHDShort5/18/20103.37393610028.931724

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