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

Saturday, August 7, 2010

Scan 6 Aug 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
BHS INDUSTRIES BHDLong8/6/20100.8523700085.992119
JASA KITA BHDLong8/6/20100.1414830020.882521
GLOBAL SOFT (MSC) BHDShort8/6/20100.0671760035.372730
IRIS CORPORATION BHDShort8/6/20100.13575200031.341822
JOHAN HOLDINGS BHDShort8/6/20100.38179820022.741920
MALAYSIAN MERCHANT MARINE BHDShort8/6/20100.015269100051.172535
MINPLY HOLDINGS (M) BHDShort8/6/20100.182277150037.782230
YEE LEE CORPORATION BHDShort8/6/20103.2247200031.582225

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