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

Monday, September 20, 2010

Scan 20 Sep 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GPA HOLDINGS BHDLong9/20/20100.08533440031.82320
KNM GROUP BHDLong9/20/20100.4455457480040.552423
PAN MALAYSIAN INDUSTRIES BHDLong9/20/20100.04513200074.365035
BRITISH AMERICAN TOBACCO (M) BHShort9/20/201045.6410250023.432732
ETI TECH CORPORATION BHDShort9/20/20100.285330960025.281315
KUALA LUMPUR KEPONG BHDShort9/20/201016.9837290026.292630
WTK HOLDINGS BHDShort9/20/20101.144250021.552123

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