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, October 12, 2010

Scan 12 Oct 10

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ESSO MALAYSIA BHDLong10/12/20102.931090026.794618
TMC LIFE SCIENCES BHDLong10/12/20100.505323420020.722920
UNISEM (M) BHDLong10/12/20101.92294160022.322827
SALCON BHDShort10/12/20100.71154170020.981112
SYMPHONY HOUSE BHDShort10/12/20100.2147610021.551628

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